GREY:ATBPF - Post by User
Comment by
cpacon Jan 31, 2020 8:40am
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Post# 30624539
RE:RE:RE:RE:Thoughts on averaging up?
RE:RE:RE:RE:Thoughts on averaging up?I agree with woundedknee... there are benefits to both. Your maximum % gain generally comes from buying stocks when they are totally bombed out... the trouble is, you have no idea how long you'll have to hold before getting that payoff, as long as you're diversified, no big deal. However, in certain circumstances, especially in the biotech/small cap pharma space, it can be very lucrative to jump in (assuming you've done your dd in advance!) as a stock starts to spike price and volume... risks to the first strategy is dead money and potential value trap. Risks to the second strategy is that market makers are moving the price up (or dowm) trolling for retail investors that jump at the sight of something shiny only to make a buck off of them and then drop the price back down... If you invest long enough you start to see patterns. I invested a bunch in ONC in the 80 cent range, but when I saw it start to move up, I actually should have added more... I added to my ATE position yesterday...