Re: In the Words of George Costanza, "We're Back Baby!"
in response to
by
posted on
Sep 11, 2008 12:32PM
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Can you average down? If you can add to your position at .15, then you've GAINED 233% on that investment just when we break back to .35.
Think about this: if a stock moves from 10 to 1 back to 10 again (many of these juniors have such drastic moves) you've lost 90% on the way down and gained 1000% on the way back to par.