Weeds are stocks killing my portfolio. The only thing averaging down does at this point is improve my %loss. It doesn’t make me more money.
I will average down when I see a turn around in AR9s graph and metrics. Cash flow positive is the first step but now will need sustained growth to support further investment.
Money I have available I put into stocks trending up.
Not ones that I think might trend up.
Recently I put 30k into Duratec at $1.05., it’s now around $1.30. If I put that money into AR9 at the same time I would probably be down or flat.
Hope that helps.
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Last
6.9¢ |
Change
0.003(4.55%) |
Mkt cap ! $19.77M |
Open | High | Low | Value | Volume |
6.9¢ | 6.9¢ | 6.9¢ | $3.307K | 47.92K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 164477 | 6.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.9¢ | 11573 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 164477 | 0.067 |
2 | 160538 | 0.066 |
1 | 7698 | 0.065 |
1 | 20000 | 0.064 |
2 | 56400 | 0.062 |
Price($) | Vol. | No. |
---|---|---|
0.069 | 11573 | 1 |
0.070 | 73573 | 2 |
0.071 | 14464 | 2 |
0.074 | 66155 | 1 |
0.075 | 10000 | 1 |
Last trade - 11.52am 06/11/2024 (20 minute delay) ? |
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AR9 (ASX) Chart |