Funkymonky
"I don;t think its highly unlikely at all in fact I think its very common. I've seen it in a lot of stocks, trapped in buyers who have lost loads from continually buying lower and lower.
Its bad advice to do it, simple as that. It's basically chasing losses"
Majority of share market players using TA have lost money do you advice people to never use TA for investing?
There are times when averaging down works out but obviously there are risks just like with TA
share of the decade, page-73
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Last
$6.27 |
Change
-0.140(2.18%) |
Mkt cap ! $5.870B | |||
| Open | High | Low | Value | Volume |
| $6.31 | $6.34 | $6.27 | $6.579M | 1.045M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 23765 | $6.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.28 | 29025 | 60 |
View Market Depth
| Last trade - 14.04pm 10/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |