Hi Red Dirt Dan
Thanks for taking the time to reply back to me.
I will hold onto ORG, as alot of members are confident it will bounce back.
I have no issue of averaging down if i feel the business is fundamentally good to bounce back.
i have some success with averaging down.
But at the same time, i had some very bad disaster in averaging down i.e. cfo where i still cannot break even. And it has become a big portion of my portfolio.
In this particular situation, i am not sure if averaging down will work. By next week, this can become a 60% loss, currently 40%loss.
So, how will i know averaging down will work.?
Is there specific criteria that a stock needs to exhibit before one can start to average down.?
Thanks in advance.
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$10.60 |
Change
-0.080(0.75%) |
Mkt cap ! $18.26B |
Open | High | Low | Value | Volume |
$10.60 | $10.68 | $10.56 | $29.58M | 2.789M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 11399 | $10.60 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.65 | 22537 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 11241 | 10.600 |
3 | 13808 | 10.590 |
2 | 26768 | 10.580 |
3 | 6691 | 10.570 |
4 | 59443 | 10.560 |
Price($) | Vol. | No. |
---|---|---|
10.650 | 22537 | 4 |
10.660 | 13808 | 3 |
10.670 | 11653 | 2 |
10.680 | 2018 | 1 |
10.700 | 10093 | 2 |
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