APX 8.60% 50.5¢ appen limited

Time to average down ?, page-159

  1. 1,331 Posts.
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    I don’t understand you, you seem to get where this is heading, and you seem to understand realistically the limits of Appen’s input and growth in the context of AI, yet you keep pouring lots of money into it.

    If you’re trying to average down to minimise loss, you probably need to wait till it gets a fair bit lower i.e. 20-30c.

    If you are gambling on a miracle, you better have zero future expectation of the money you’ve averaged down with.

    I hope your decisions to part with more money on Appen isn’t from listening to bozos like Chrisinvest and Calvo. They are both ethically and financially bankrupt bozos with zero clue about how deluded they are.

    All the best.
 
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