RE: Recovery24 Mar 2016 14:36
Averaging down can get you out of trouble, indeed i've been here for a while too, at a loss and averaged down but not that much. Generally averaging down is frowned upon. Guess the text book way is to sell on way down then buy back low to recoup slight loss and then some....
I would be better off if i'd followed my own advice but then hindsight....etc!
I can see the excitement over the new plant permission..... but they got no money, a history of failure, no revolutionary process....where/when is the profit??