RE: To average down or not, that is the question?18 Feb 2021 18:22
Thank you for the comments, much appreciated.
What I have done is taken the amount I would have averaged down with and put it into $PAQCU (Provident Acquisition) today. It's a US SPAC, I have been trading mainly SPACS for the last year and BPC is my last UK stock holding, so will come back and have a llok at BPC after the $PAQCU trade, which will be about 6 weeks, if no change I might just net them off against each other. On reflection the risk for return is probably too high compared to the risk and return on the SPAC option.