RE:RE:RE:10% swing in less than 5min Flyright15 wrote: Lousy stock again got me! Bought in at $42 long time ago immediately dropped to we all know $24 or whatever! Buy agin at $41 and look what happens? Tough game! What to do? Sticking with it this time- go for broke!
You should have averaged down at $24, or anything under $30 really. Buying in after it made it's way back up, and near your purchase price is just asking to get burned again.
Sell covered calls in the meantime to make some money.