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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$10.76 |
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0.340(3.26%) |
Mkt cap ! $18.53B |
Open | High | Low | Value | Volume |
$10.50 | $10.76 | $10.44 | $124.5M | 11.86M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 260709 | $10.74 |
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Price($) | Vol. | No. |
---|---|---|
$10.76 | 370883 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 843 | 10.730 |
1 | 6665 | 10.700 |
1 | 2000 | 10.660 |
2 | 58 | 10.500 |
1 | 770 | 10.490 |
Price($) | Vol. | No. |
---|---|---|
10.760 | 132675 | 1 |
10.770 | 150 | 1 |
10.830 | 4595 | 1 |
10.850 | 388 | 1 |
10.880 | 2677 | 1 |
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