Give Me A Break On TodayI do not believe averaging down is a good investing stragety. I feel I have enough ETG, I did buy some last week and if I were here today, I definately would have again broken my person rule at .47 cents. I wouldn't have looked at it as averaging down, though. This is my only pure exploration play and of course without results it PURE
high stake risk. As Smartchick so clearly stated, "it surrounds Turquoise Hill."
People complain that volume is low & say nobody wants to buy the stock. I see it as nobody is willing to sell at such a low price, and bidders are willing to wait and see...stand-off.
Today we had great volume, although granted a major dip we end up .03 and everyone is panicking. I counted up the stocks I watch, of the 93 only 30 were up. Forgive me, (I am at a loss too), but I DON'T see a problem today.
Cheers to better days ahead,
Dee10