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TSX:FIU - Post by User

Comment by investorrookon May 04, 2012 11:16am
114 Views
Post# 19871523

Dollar Cost Averaging.

Dollar Cost Averaging.

Hello All,

 As a Rookie, i have this question. Does any of the informed guys here recommend to do a Dollar Cost Averaging at this point.

I heard that the least it could go is 11 cents ( if the Voting goes with YES ).

 

Even after Dollar COst averaging, my price falls around 50 cents, which i think it would be very difficult to get there, but i can put some BUY orders at 10 cents and slowly offload at every increase.

I"m not putting anybody on spot, i understand the risks involved in it.

 

But, i can't think of any other way ?? the other stupid stock i hold is RIM ( don;t even talk about this stock )  which is bleeding on a daily basis...

 

Thanks,,

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