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27/10/22
15:08
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Originally posted by qwert0:
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LOL. You do realise that our share price today is still well above where it was at the start of this month? People sell because they think the price will be lower at some point in the future. Often they will sell in the morning and then buy back in the afternoon. That's how the market works. I may think that the share price will be $1 at the end of the year but I'll still sell at 60c if I think it will drop back to 50c before going to $1. Our share price goes up and down every day for all sorts of reasons, most of which have nothing to do with our fundamentals.
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True my rule of thumb is to average down seem's more workable for me as long as i have fund's available at the time.