Sargywargy, been a holder here for some time, and underwater...

Sargywargy, been a holder here for some time, and underwater like you (not as much) but your question is a good one to throw out there.

Have tried averaging down myself many times on other stocks (once here) - IMO it only works about 5 % of the time, so the odds are against you.

Why ? because for it work you need a major re rate not only in that sector but crucially that stock, and the longer it takes you to achieve it, the more chance your position will be further diluted (made worse) by companies needing money to keep going. So time becomes your enemy.

That said, I am not referring specifically to CNX, because I am a supporter of the technology here - seems QLD may be the wrong place to see it flourish - time will tell.

Chinese involvement actually excites me, so I stay holding, but there are risks in my opinion.

Good luck whatever you decide.

Cheers BC