Very true Bron. I know a lot of people are looking long term on this stock which is fine as GXY has a lot going for them but doesn't mean you cannot lock in profits and also cut losses. It keeps your exposure limited especially during these periods. Averaging down is a very tricky play. I would not recommend it myself. I would simply cut the loss and buy back in at a lower price when ready.
But that's just me. I also set fairly low profit targets.
GXY Price at posting:
30.5¢ Sentiment: None Disclosure: Not Held