One can only wait for some recovery or buy if they can.
This is an example of the pitfalls of a margin loan. I had a dormant margin loan for only $45K and activated it to buy some bargains like AFG at $7.50 and AXQ at 63.
The loan gives me 110% credit so i actually gain some buying power from my speccies.
If I did not have the loan I would not have touched AXQ and AFG. They are approved stocks!
lol. that's how these folks make money. trap other folks into debt.
(not that I cannot wear my current losses on the margin loan - down 25% - nothing compared to my booming speccies! go MAK, go UMC, go BMN, go ARE, next off the blocks GAU, MUR, ROY, OEL...more...!!)...
In a bear market, these "profile stocks" are hopeless...
go for the multibagger, which could be AXQ if ya buy at 34 cents...a few more deals could break $1
AXQ Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
