Thread: Stock talk
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Old 01-15-2007, 04:07 PM   #23 (permalink)
edwardcyh
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Re: Stock talk

I would average down. If you have 60 bucks worth of it, you have more or less 300 shares. If you have some "inside" information or positive outlook on the company, why not buy another 800-1000 shares? This would bring your average price down and give you a much lower exit point. If you *really* have faith in the company, buy 5000 shares of it, and let it sit another quarter or two. If it ever gets back to its formal glory, your reward will be quite handsome....

The daily volume is not bad, so you shouldn't have too much trouble when you are selling.

My assessment of the stock was based on a quick 2-minute glance of the Key Statistics, and it might be different with a little digging.

For crying out loud, I am holding DVW ($1.19 cost) and BBA ($1.12 cost), two stocks that EVERYBODY have written off....
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Last edited by edwardcyh : 01-16-2007 at 08:40 AM.
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