Position is now profitable.
Only time will see if it remains so, but it does show in my opinion, that once one starts to formulate an underlying viewpoint of the absolute intrinsic value of the underlying company, and then one starts to slowly dollar cost average downwards from there, that one stands a reasonable chance (no investment is ever a 100% certainty) of achieving a return.
The key is to try and calculate absolute underlying intrinsic value.
A2M Strategic Valuation, page-91
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