RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:New InterviewSome say never average down a "loser" ....sell when it hits **%
You are at about 33%-29% so down significantly. That would seem to indicate a belief in HPQ to the extent averaging down might be appropriate?
If you think you are indeed going back to 70 cents, putting in $220 gets you 1000 shares and $2200 gets you a meaningful 10k shares
You have to be patient a little longer, but I'm in both HPQ and PYR and by this time next year..and it could be sooner....sufficient positive news will come from HPQ that will drive the price higher. There are 4 distinct markets being addressed and they are coming to fruition
Now I'm in here at .32 so in a better position than you, but I started at 40 cents...so have been taking advantage of this low price range to average down. But then I was around in 2021 when it went to $1.50 from under 10 cents. Made out nicely thank you very much so I like HPQ ....and I believe I am going to make a nice return again with the number of shares I own.
Mostlyserious wrote: Incorrect. Bought in high 60s when things were happening and looked great. Same as today, except the balance sheet was stronger. Now riding it out on "lost tons already may as well let it ride hoping for a Hail Mary".
Tons of companies out there that told a great story or believed how great they were going to be and then suddenly reality hit. I always knew this is the risk but keep hoping that every now and then the CEOs would have a better pulse on things.
I follow and will average down on real results and not promise thereof. The telling of the battery story is a little bit too simplistic for my liking right now and this is validated by the lack of any share price appreciation. But, when some partner or bigger client bites with $$ to back it up, I will adapt accordingly. With results, I can become a fan, never a pumper.