Het Sc, when does one stop buying?, I think the strategy of averaging down does come to a fork in the road where it works out or not work out, ….like a Company I was invested in, WFL, where that strategy failed, (I was out of it well before hand).
Little like doubling your bets on red or black on a roulette table and hoping to recover your money.
The emotions of ‘FOMO’ or concerns for lost of capital are powerful emotions, Chillydog, imo, has covered himself very nicely; preservation of capital with potential upside on the remainder of his holdings.
The emotion felt when I sold 1000 shares @$27 to buy my Wife a new car and thinking about the ‘loss’ if the shares continued to rise!, lol.
Have been selling for a while so I can cash in and add to my industry super fund, it has made a difference but no where near what it would have been at $27/$23, never more true than a bird in hand is worth …..
At 64 happy to start drawing down, another truism; if I have 100 grand and somebody else has 1 million it can not not make then 10 times happier.
Gltah, not advice and imo.
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Last
$13.60 |
Change
-1.050(7.17%) |
Mkt cap ! $309.6M |
Open | High | Low | Value | Volume |
$14.00 | $14.00 | $13.60 | $23.02K | 1.654K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 250 | $12.75 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$13.81 | 100 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 292 | 13.720 |
1 | 522 | 13.610 |
1 | 75 | 13.600 |
1 | 300 | 13.320 |
1 | 250 | 12.750 |
Price($) | Vol. | No. |
---|---|---|
13.910 | 233 | 2 |
14.000 | 821 | 2 |
14.630 | 111 | 1 |
15.000 | 500 | 1 |
15.150 | 149 | 1 |
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