RE: Money where my mouth is7 May 2020 10:47
Strictlyinc, personally I prefer to build a position as the price rises. Each buy is protected by the potential profit from previous buys, plus I pay the brokers less commission. However, had I bought my current holding outright when I first started buying, my average would be around 7p. Instead it's 8.6. Which, in retrospect, would I rather have? If Swapleber's cash has only now become available, in a couple of weeks he may be very pleased he's not buying in 50 or 100k chunks.
Only time will tell I suppose.