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.
Hi Red Dirt DanThanks for taking the time to reply back to me.I...
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Last
$10.36 |
Change
0.010(0.10%) |
Mkt cap ! $17.84B | |||
| Open | High | Low | Value | Volume |
| $10.27 | $10.41 | $10.20 | $31.89M | 3.083M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 158 | $10.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.37 | 7984 | 2 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$10.37 |
Change
0.010 ( 0.10 %) |
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| Open | High | Low | Volume | ||
| $10.26 | $10.41 | $10.20 | 685133 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| ORG (ASX) Chart |