I averaged down on TPI twice in 2007 at $13.86 & $11.29 to almost wipe out my initial cash input. Then with the capitulation of the SP, it is now only a very small portion of my portfolio.
I will top up again when the timing is right, but want to see them clear up their balance sheet first.
I still think it will recover in time...maybe a very long time, but my portfolio is a work in progress for my kids to inherit in another 15-20 years from now, so it has plenty of time
I must look at those TPAPA things you are talking about though...I've never strayed away from your standard "3-character" stocks.
Thanks for your input Watford.
TPI Price at posting:
$1.42 Sentiment: LT Buy Disclosure: Held