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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Last
$10.60 |
Change
-0.090(0.84%) |
Mkt cap ! $18.41B |
Open | High | Low | Value | Volume |
$10.72 | $10.74 | $10.60 | $11.09M | 1.039M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
26 | 5534 | $10.60 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.61 | 8025 | 24 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
38 | 9141 | 10.610 |
23 | 12714 | 10.600 |
14 | 12292 | 10.590 |
10 | 10068 | 10.580 |
7 | 14950 | 10.570 |
Price($) | Vol. | No. |
---|---|---|
10.620 | 20163 | 21 |
10.630 | 11740 | 20 |
10.640 | 11027 | 18 |
10.650 | 19450 | 11 |
10.660 | 11013 | 11 |
Last trade - 13.39pm 16/07/2024 (20 minute delay) ? |
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