Post by
Torlom2020 on Jul 28, 2020 9:53am
Afraid to buy more shares
As the price keeps dropping, I am afraid to buy more to average down. Hey it can go all the way down to $1.50, $1.25......
need more comments from management!
Comment by
MoonWatcher on Jul 28, 2020 10:40am
Absolutely, added a little more at 1.75 but also hesitant to add a big amount, wife thinks I am crazy now holding 120K. Back in March/April the 100DMA held support at that time, now its at 1.80 and needs to hold here or we can go down much more. Instead of some comments, I think some insider buys on the dip here would really help change the sentiment.
Comment by
MoonWatcher on Jul 28, 2020 11:05am
We have also retraced 100% of the gains from the breakout on May 26th, which had a low of 1.75 that day, making this zone critical support, if it does not hold there is quite a bit of deep doodoo underneath. GLTA.