If you're underwater already that is a risky strategy.
What's the opening day upside on a positive ann. 12%? If you're underwater more than that you can still average down by buying AFTER the ann - on certainty. If you're underwater less than that, it's really not worth averaging down for if it exceeds your original plan on how much to invest here prior to approvals/commercial agreements given the risk.
That's how I see it anyways.
If you're underwater already that is a risky strategy. What's...
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Last
$1.11 |
Change
0.055(5.24%) |
Mkt cap ! $1.261B | |||
| Open | High | Low | Value | Volume |
| $1.05 | $1.13 | $1.04 | $6.781M | 6.207M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 43856 | $1.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.11 | 66000 | 1 |
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