RE:RE:RE:RE:RE:RE:20s! Yay management!mydividends wrote: You're right Tinsel, I am upset, but I think rightfully so. But I do agree one day this will turn around, it just seems like a low is never fully baked in with this name. Share price does seem ridiculously cheap now. Rather than complain, I'm averaging down again, 10,000 more shares are .295. Brought my average cost down by $.14. There might be some more pain in the short term, which I can't say I won't be happy with, but long term this should revert at some point.
My only worry is even management allows a buy out at a super low price per share to a private seller, and then our ability to recoup losses goes out the window completely.
I find that averaging down on stocks that I'm unsure of usually results in magnifying my anxiety. I'll do it on occasion with stocks where I have 99% confidence in management, the business, the balance sheet etc. My average here on my small position is 30 cents and will stay at 30 cents whether it gets cheaper or not.