ADO 0.00% 1.9¢ anteotech ltd

thoughts on ado, page-8

  1. 731 Posts.
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    Hi r36snowbound

    I understand your rationale, obviously planned and executed according to plan with admirable discipline. I thought I'd see what it's like when inverted. Let's suppose I hadn't heard of ADO until it had hit 28 cents, and I thought, "gee, I'd like to have some of that stock". I have say $100,000 to spend. Should I have a stepped scale for purchase, just as you have for realising profits (and presumably reinvesting at some time in ADO?)

    Should I buy 25% of my $100k when it drops to 25 cents, then
    1. if it is stable for a week, buy a further 25%,
    2. or if it drops to 22 cents, buy that 25% worth?

    So now I have $50k left to spend, and I repeat step 1 or 2, leaving $25k to spend, so one more iteration, and I've bought my $100k worth.

    So I've averaged down, or at least been cautious.

    Meanwhile, as that buyer I don't really know for sure which way the stock will move. What do I do if it starts to climb, and I've still $75k to spend on it?

    So what would you have done, if you had not heard of ADO till it hit 28 cents? (Let's assume you then researched the stock, and considered it seriously for purchase.)
 
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