mja, you are right on. I believe most of posters on this thread knew it too, but just deny it outright, and find one excuse after another.
I can understand the sinking feeling of holding a falling stocks. The best way to deal with it is not to look at it, not to talk about it, let market to settle down if you strongly believe long term story. Otherwise, you have to recheck the reality, like what Barry and Phil did although I am not fully agree what they have done. But on the hindsight, they are absolutely right for the short timeframe. On the same token, you guys might be right on the long run, as long as you have a strategy to deal with right and wrong.
But average down on a single stock is definately a no go.
I am sorry to call 86c as the bottom, But my second line of "defence" is still OK so far, that is 80c.
Definately, I don't think it will be a 40c stock.
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mja, you are right on. I believe most of posters on this thread...
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$2.24 |
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-0.020(0.88%) |
Mkt cap ! $400.0M |
Open | High | Low | Value | Volume |
$2.28 | $2.32 | $2.22 | $514.3K | 229.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 137 | $2.24 |
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Price($) | Vol. | No. |
---|---|---|
$2.29 | 11273 | 5 |
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No. | Vol. | Price($) |
---|---|---|
2 | 137 | 2.240 |
1 | 41 | 2.230 |
3 | 9197 | 2.220 |
4 | 6690 | 2.200 |
3 | 5976 | 2.190 |
Price($) | Vol. | No. |
---|---|---|
2.290 | 11273 | 5 |
2.300 | 15823 | 2 |
2.330 | 2444 | 1 |
2.350 | 3136 | 2 |
2.370 | 9906 | 1 |
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