You can always average down but at some stage the price needs to go up for that strategy to work. 50 45 40 35 30 35? I have stopped on this stock as my holding is now large and my risk great.
Has production started on time being today. Given how quick the company is with good news one would have expected an update before today.
Another deadline missed? Maybe. Might want to hold off before averaging down again.
GXY Price at posting:
35.0¢ Sentiment: Buy Disclosure: Held