Averaging down is generally a mug’s game. It’s amazing after...

Averaging down is generally a mug’s game. It’s amazing after everything this company has done to you/your holding, you can say stuff like this.

Today’s announcement notes that cost savings won’t be realised until the June 24 quarter. It’s a move in the right direction but they’ll need new capital long before then, so more dilution is on the way.

Imagine if you could go back in time and talk your prior self out of all the other parcels you bought at much higher prices than now - yet you’re still recommending continuing to average down.

Madness.