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Catamaran Corporation CTRX



GREY:CTRX - Post by User

Bullboard Posts
Post by dismalscienceon Oct 20, 2003 2:12pm
208 Views
Post# 6539652

when to average down?

when to average down?I bought a 1000 shares recently at 2.85 and have watched it slipping since. OK, so the exchange rate flattened profits somewhat and the stock has had a nice run up leading to some profit-taking no doubt, but sheesh! With such good fundamentals, esp. for a tech company, where are the "rational investors"? Anyone have thoughts on a support level for this one? I'd like to average down, but have been cut by the falling knife with that strategy on other stocks.
Bullboard Posts