Reconnaissance Energy (Africa) Ltd V.RECO

A little help

[C6J6Dub6U]

What charts do you use to average down? Dont have cash or enough to buy enough to average down as I have a pretty high shares count at higher prices because all I've done is buy buy buy after I shorted once on the stock and I lost big time. I was in at 1.19, sold at 1.56. I wasn't trying to short. I hade jitters sold being dumb. Now have to average down. Someone give some hints here even private message me. Glta thanks! Yes I will indefinitely have stocks in this company until a millionaire, or roke hahah!

[peterj99]

I may have misunderstood your post. Selling shares is not shorting. Shorting is borrowing stock and selling that borrowed stock and hoping to buy the borrowed shares back at a lower price, and then returning the borrowed shares A lot of very intelligent people have put their reputation into this project as well as a lot of money and effort. My guess and it is only a guess, is they will find oil

[crude]

i do see this as a very good entry point, with things progressing from here - and i do intend to hold long - just been adding on dips since august - hope that helps best o' luck

[Strod]

You won't take this advice, but from somneone who has made every mistake in the book, don't look at the stock for at least 1 month but maybe 3 and see where the price is. You are the only problem with making money here, let this massive opportunity give itself time to play out. Relax and make money. Micro managment will kill you mentally and financially.

[jaybsin]

Somewhat agree, it all depends on your risk tolerance. You should be on you $$ unless you have stops set anything can happen any day in these types of stocks its not a large/mid cap.  If you bought this stock because you believe and are willing to take the risk then Why sell?  If you don't understand shorting you should def not try swing trading.  Cause you won't read charts