That is an odd way to buy into a single stock, imho, i.e. DCA. I thought that was for a broad market ETF deployed by the FIRE hipsters, and the gold bugs for long term fiat debasement/SHTF/LT saving cum insurance.
For a single stock which is based on trial progress, PS announcements, potential BP deals or buy outs, doesn't DCA assume certain sp appreciation over a long time which is hardly a given for a biotech which is still regarded as speculative?
What about the crazy SPP 5.6c period when it dropped to 4.2c, still DCA at 100 per week?
jimho.
p/s Fridays are usually my day of choice to possibly make an A$$ of myself.
IMUGENE CHART. TA only, page-28928
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5.9¢ |
Change
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Mkt cap ! $431.8M | |||
| Open | High | Low | Value | Volume |
| 5.9¢ | 5.9¢ | 5.6¢ | $1.037M | 17.94M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1882949 | 5.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.9¢ | 399643 | 3 |
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