RE: Bargain14 Oct 2020 11:25
yeah, and Battle is right in his analysis.
0.4 was (obviously now with hindsight) a good in, i was looking for closer to .30, I would have taken .35 but with the price fluctuating yet the Bid/Ask not, it was hit and miss timing wise, and i didn't quite get the price i was looking for.... and as Battle says, I now feel I missed the boat, this is based on the Price I currently have as an Average,and wanting to Average down significantly, I'd need another 50 to 60 percent day again to break even, so I could still average down at this price, but as he also said, I'd anticipate a slight re-trace and that will increase if followup news takes longer.
Had i taken the offered .38 I had the day befoer the jump (thought i had closer to the 15th befoer news and that might bring it down further) I'd either be out with some profit now, or in a position of being able to sit and wait a while and ride out the dip, as it is i'm still locked in the red, and more likely to just bail on reaching average as i'm fed up sitting in the red for what equates to most of my time holding this share