RE:RE:RE:RE:RE:RE:There is no substitute for bankruptcystockmarket1 wrote: Why didn't you average down over the past 2 years. I'm sure most of us here did. I did. I Averaged down aggressively when it was trading well below $15 a share. I profit took here and there on big run ups --- bought other securites with the profits --- while still maintaining a core position in Vet. Fast forward to now. I'm well into the green in my account. But I'll be honest. I'm on the fence with VET because I honeslty don't know how this windfall tax is going to aggrevate VET?? It could be a huge chunk of money of the balance sheet which may delay debt payment. And the reality is....none of here know what 2023 is going to be like.
IE....no one saw this wndfall tax coming!
Yeah yeah.. sure you did. I'm sure all your trades worked out. Let us see all your successful transactions.
I don't average down on turds. This is a dangerous strategy. I have whatever I have and any decent bounce this garbage will be sold and I'll avoid the sector.