exactly, I tried my luck on 1PG and got burnt some time ago...

  1. 8,078 Posts.
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    exactly, I tried my luck on 1PG and got burnt some time ago trying to average down, so I sat back and waited for the figures before looking to buy again, and those ghastly figures tell me 'do not buy' and 'run for the hills while you can'.

    Averaging down is fine if the stock if is still averaging up over the LT, but nothing in the TA or FA tells me to touch this. They need to look at another business venture while they have some cash because the writing is on the wall right now.
    Last edited by ohreally: 24/08/16
 
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