That is an odd way to buy into a single stock, imho, i.e. DCA. I thought that was for a broad market ETF deployed by the FIRE hipsters, and the gold bugs for long term fiat debasement/SHTF/LT saving cum insurance.
For a single stock which is based on trial progress, PS announcements, potential BP deals or buy outs, doesn't DCA assume certain sp appreciation over a long time which is hardly a given for a biotech which is still regarded as speculative?
What about the crazy SPP 5.6c period when it dropped to 4.2c, still DCA at 100 per week?
jimho.
p/s Fridays are usually my day of choice to possibly make an A$$ of myself.
That is an odd way to buy into a single stock, imho, i.e. DCA. I...
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