if you guys have not been averaging down all these years, consider yourself lucky.... your investment is much higher than most of us long termers who have been buying at every dips but we have been putting more and more money on the line too by the same logic ... you can now have two options : 1. just forget averaging down and hope they turn a corner and in 2-3 years time the sp hits the dollar mark and you get your money back or 2. you can buy in now at 14c and average down very nicely compared to us who have been buying the 70s & 60s & 50s & 40s & so on in hope of those being the bottoms ...
If I was lucky enough to have stayed on the sidelines instead of regularly averaging down, I would just sit this out rather than going for double or broke now ... just my 2c ...
saying so, this a great opportunity for a completely new investor to enter ... he can hope to see some good gains from this 14c entry should the JV partner try and gobble us up at double this price ...
GBG Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held
