abandon ship she's going down?, page-6

davo77,

I admire how positive you are about AXM however it appears you have misinterpreted what was meant?
I don't see AXM as a good buy, full stop. I do however understand that those with a position will be tempted & do 'average down' their losses. I've been guilty of it myself.
So it wasn't that I see it as ok for some to 'average down' in preference to others not taking a position at all I was simply showing an understanding of those who have made a fundamental trading error - averaging down.

All the best

CLM