Post by
Iseneschal on Feb 06, 2018 3:21pm
200K share offer ......
at $2.25 is BS
Smoke and mirrors.........JMHO
Comment by
marxiste on Feb 06, 2018 3:46pm
I knew i would have to average down. I bought 500 HVI at 16,27. Now they are at around 2,20 would better at 2,05. If i buy 4500 at 2,15, average is 3,57. If VIX at 29 goes to 15, HVI will be at 5. Not so bad!
Comment by
Iseneschal on Feb 06, 2018 3:52pm
Marxiste.......That's what I'm doing.... and that's what I'm thinking. Cheers
Comment by
Iseneschal on Feb 06, 2018 3:55pm
In essence... you are crystaizing a loss....but in the same token....giving yourself a fighting chance of recouping some losses with the potential to actually gain....if..... everything goes our way!
Comment by
marxiste on Feb 06, 2018 4:05pm
Thanks for your answer. It will go in our way. SP500 will rise to 2750 or higher in the coming weeks. A lot of money is on the sideline according to several analysts. VIX is always droping... I will wait to see this week, if it is possible to buy HVI at 2,05, maybe volatility is not over... If market was simple, there would be... no market...