RE: Keep on dumping scaredy cats/kpls30Doubling up is buying the same amount of shares again as original position whether the price is higher or lower.
Selling half your position at twice the price is called taking a profit,trimming, lightening up...playing with the market's money...etc...Sounds as if you believe averaging down(in this case) is always a bad thing ...sometimes it is,sometimes not...the same case with averaging up...In this case for my investments I believe that it would be a good thing averaging down on this particular stock,and it might be a bad decision...but please you do whatever you want...it's your own business(no matter how smart you think I or you are).