The problem is Pot you don't really know when it is dirt cheap, yeah on paper if might seem like a steal at 0.6c but we all thought that when we paid 1.8c back when it was DUO. Look where we are now.
Good to see some interest back in the stock but the reality is if they don't produce some paying customers soon we are in serious trouble.
I won't be using averaging down in future stocks as I will be setting solid stop losses, that's just my plan and I know others do use averaging down with some success but I personally don't like the idea of putting more money in something that is going downhill with the potential for the loss to magnify. Capital preservation will be my main focus.
As we all know we are at a very volatile end of the market and at the end of the day you win some and you lose some.
ZYB Price at posting:
1.2¢ Sentiment: Hold Disclosure: Held
