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XTC General discussion, page-2482

  1. 1,110 Posts.
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    My quick thoughts

    Imo if you're that keen to average down before buying more/averaging down now wait till the consolidation is all done because the share price could easily (I reckon most likely) drift lower - just look at what it does after the dust settles...

    Currently market cap can only be at lowest $17mil (using above here on hotcopper) as there are no more pips lower...... Thing is after consolidation the market cap will be able to if we continue as we are now....... Could easily end up between $5-10mil market cap which would obviously be like buying under 0.001 atm......

    Or what I'd personally rather do would not add more and use the money elsewhere.... No point throwing more money at a stock that looks like it's dying just for the sake of "averaging down" - there are plenty of stocks right now that look more promising
    Last edited by ogloko: 26/08/23
 
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