Originally Posted by
JohnnyIrishXM
If you have Money your willing to lose,thier is no earthly reason to not avg down as best you can right now..IMHO DYODD..
But i bought 30k shares last august at $1.44,this is money i was willing to lose.then bought more at .50,.25 and then on March 6th after Liberty deal announced,doubled down with 200k shares at .13...
so now i have 400k at .26 avg...so i doubled my investment /Money but shares went from 30k to 400k....
Again this all depends on your own situation with regards to cash available to you that is not mortgage or rent or any other money needed in next year at least.
Good luck,hope this helps,JMHO Not an expert at all...