GGP 0.00% 0.6¢ golden gate petroleum ltd

Totally agree with lani62,I reiterate the advice given to me a...

  1. 129 Posts.
    Totally agree with lani62,

    I reiterate the advice given to me a long time ago
    "Only gamble what you can afford to lose".

    And add this other gem :

    You only lose money if you sell. Paper loses are recoverable if you have a strategy. Now seems a perfect time to help your averages. This is of course IMHO and every one must choose what is right for them.

    I feel averaging down is only a good idea when the holder believes there is a good chance the SP will rise from current lows. I am in the group who firmly believes this is the case.

    Oh, and just so you know, I may be surprised by the level of other peoples losses, but I have no joy seeing it happen to them.

    Good luck to all.
    Bell
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