I prefer to average up, much better odds than averaging down. As the greatest stock picker ever, Peter Lynch, pointed out,
"If a stock falls 50%, it has to rise 100% to get back to even. That's a mathematical certainty" Not many stocks rise 100% very often.
- Forums
- ASX - By Stock
- SLR
- fantastic market reaction
fantastic market reaction, page-74
-
- There are more pages in this discussion • 87 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SLR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
James Graham / Dr Alan Dunton
MD & CEO / Non-Executive Director
SPONSORED BY The Market Online