6/3
Lets just say Angellus had an initial investment of $10000.
He states he is down 98%
Therefore his current investment is $200.
Logic says his choice as it sits, is to sell and get something back if he thinks its all downhill or hang on, if he thinks there is some chance to recoup. The market is a hard place to be logical at times.
There is another step he could take and that is if he thinks there is still some chance to recoup,t hen he could buy another $200 worth and lower his current loss by half.
Imagine if he stumped up $1000? I will let him do the figures on that one because he is good with figures, but he might save himself some heartache.
Maybe others have done that?
Mentioned in good faith of course.
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IND (ASX)
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6/3 Lets just say Angellus had an initial investment of $10000....
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