RE:RE:RE:RE:RE:I'm Long But I Will Likely Trade Within On Dips!I don't know if you realize but the current price of $1.20 is lower than $1.80 so if he bought recently obviously his average came down... I'm pretty sure illum bought on the run up. And now us averaging down. Smart play
Hockeynut2 wrote: illumination1 wrote:
it's all relative hockeynt2 from where the equity is trading and had been trading yes, I have bought higher and sell lower for my reasons some missteps and others to reposition before any potential price increase which will come on news of commercial contracts, but from where my cost average is, it dropped from previously $1.80 to now $1.74 so from my vantage point that is actually better. This keeps dropping I have money to buy more shares so it's all good. Like you said, I am trying to figure things out so it's all good I know I am making the moves to get there and know everything will work out well. good luck all.
Good morning Lummy. When you sell some shares and then buy some of them back at a higher price it is mathematically impossible for your average cost per share to come down. I think you need a new calculator. GLTA