RE:WEED is CRASHING. Bagholders delusional All this talk of averaging down means if you have lost money on a stock then buy more dropping prices and lose even more money !
It takes endless cash to do that and most longs are tapped out already.
it is common knowledge that averaging down is Not a good idea as sometimes a company does not recover and you go bankrupt although I am not suggesting that for Weed but for other penny stocks it is a recipe for disaster.
to conserve CASH in order to eagle to buy at lower prices it is better to use a stop loss at the
FIRST sign of a trend reversal and then wait for the bottom and trend is your friend.
Collinwhitner must have endless cash or he is using his clients money and he is underwater by not facing reality at $ 12 whe. He KEPT buying to "average down"
collinwhitner is very smart to keep buying all the way down from $ 12 but I am dumb and got out at
$ 10.50 and now I have the means to be able toget back in WHEN the trend changes and I have said
Many times it would be July or August.
Just listen to Chart Man Dan as he is not a Weed cult man but an American trader looking at the action impassioantley and objectively. He will invest in Aph or Weed for 1 to 3 years AFTER the correction that is occurring the opposite of what happened July 2016 to Nov 2016