Post A Reply
my profile
login
|
register
|
search
|
faq
|
forum home
»
Allstocks.com's Bulletin Board
»
General Investing Topics
»
What to do if I am still holding FRE Stocks?
» Post A Reply
Post A Reply
Login Name:
Password:
Message Icon:
Message:
HTML is not enabled.
UBB Code™ is enabled.
[QUOTE]Originally posted by wallymac: [QB] [QUOTE]Originally posted by toothpick: [qb] Does anyone mind explaining this to me. I have enough money to average my position down below the market price if I chose to and allow me to get out straight away. Why should I not? I dont want to gain, but just want to get out without too big of a loss. thanks in advance [/qb][/QUOTE]If you decide to average down to recoup some of your losses, it is never a good idea to do it while the stock is dropping like FRE is. Just look at today. You were willing to average down around $2 if you had your losses would be greater since it's now trading around .78. If you decide to average down you need to wait for the stock to hit bottom and show a confirmed reversal. Averaging down is always risky but even more so with a stock that is dropping like FRE is. Averaging down and looking for the bounce is definately not for inexperienced traders. [/QB][/QUOTE]
Instant Graemlins
Instant UBB Code™
What is UBB Code™?
Options
Disable Graemlins in this post.
*** Click here to review this topic. ***
Contact Us
|
Allstocks.com Message Board Home
© 1997 - 2021 Allstocks.com. All rights reserved.
Powered by
Infopop Corporation
UBB.classic™ 6.7.2