Lets say I bought 5000 shares of xxx at .16. If I buy 5000 shares of xxx at .08, will my average pps go down to .12? If it does, technicaly do I get more money? Because the 5000 at .16 are now .12, so wouldnt they be worth more?
posted
well its eyii. i bought too high so i want to buy low (it is a dip) so i can sell it later. i just want to know if i did buy it would it bring the average price down like in my above post
Posts: 2329 | From: MD | Registered: Jul 2005
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posted
Sounds like you need to learn Technical analysis.. consider learning candlestick charts and oscillators (RSI, OBV, MACD etc.) ... if you want to buy it on it's dip... buy it when it's oversold which most oscillators especially the RSI can tell you when it's been oversold...
-------------------- Let the world change you... And you can change the world.
Ernesto "Che" Guevara de la Serna Posts: 4669 | Registered: Mar 2004
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posted
i know that stuff and it has nothing to do with what im asking. no offense. all i want to know is if i buy the same amount at a lower price, will it make all of the shares combined have a lower pps in my portfolio.
Posts: 2329 | From: MD | Registered: Jul 2005
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posted
I wouldnt average down either. But to answer your question, of course if you buy at a lower price your average price would be less. But your first buy at .16 always remains the same. Average means a middle number. Its not a number that you actually paid, but an average.
Posts: 205 | From: ca | Registered: Aug 2005
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