GREY:ATBPF - Post by User
Post by
TriumphSpitSixon Jan 30, 2020 6:48pm
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Post# 30622455
Thoughts on averaging up?
Thoughts on averaging up?I've been sitting on what is now just over 100k shares at an average of 10 cents USD (ATBPF). I had over 300k bought at lows in mid-2017 but have slowly sold 2/3 of my original position when it would pop to the mid-.40s. I have bought two distressed rental properties with Antibe profits (long rehabs ongoing.)
I've always been a buy and hold long and have averaged down ALOT on the Venture but have never averaged UP. Seems with all the promise Antibe holds, if ever there was a candidate for doing so, Antibe would be it. So, I'm considering pulling the trigger for like another $30k USD injection when/if it pulls back after today's pop.
Thoughts on averaging up in general or specifically regarding ATE?
BTW, it feels great to even be discussing this topic. I was in some of the wrong picks in 2019 (blockchain/tech) and have been faithfully holding and waiting on others (Theralase, Peak Positioning, Enerdynamic Hybrid Tech) with similar "blue sky" potential as Antibe.
...patience required...
Many thanks!