RE: 1st tanker out this morning while we wait for UKOG news.28 Dec 2022 13:16
When I thought this had a chance of a turn-around (a few years ago now), I used to "average down".
After I woke up I realised this was actually just throwing good money after bad.
Averaging only works if the price goes back up at some point.
You'll notice that the only people still averaging, or talking about averaging, are the same people trying to ramp this up.
If wishes were fact, they'd be rich already.
Unfortunately neither is true.
I hope they will see the light or a turnaround one day.
Personally I don't care which as either will work just as well for me, and for them.