Wow so you think holding and copping a 25% loss to buy more is a good strategy………
Good luck with that…… if you believe it’s headed to a buck sixty sell now, buy 25% more shares at $1.6 and when it’s back at this level you will have gains of 30% with zero capital outlay…
Eg a sell 100 shares at $2.10 is worth $210.00
You can then buy 131 shares for $210.00 at $1.60 a share
when the price returns to $2.10 a share your original $210.00 is now worth $275.00 with zero capital outlay…..
Not advice just wondering why you don’t back yourself and your analysis?
SRL Price at posting:
$2.02 Sentiment: None Disclosure: Held
