Post by
Deltauser on Jan 05, 2021 5:22pm
to average down, or not to average down....
So, just curious if anybody else is facing a dilemma here...
I have faith in D9. No question, this company will provide over the long term, but would I bet my life on when or how much....
I'm in at .572, and we are now approaching the SP where it would be worth averaging down with some 1k purchases spread over the next couple of weeks. HOWEVER, my portfolio already is overweight Delta 9.....
I'm not sure I want that heavy a percentage of any one company, any company..... Especially a small cap, start-up, cannabis company.
Comment by
Warrant on Jan 05, 2021 8:53pm
I wouldn't average down if that's your average...that's not bad at all and you say you're already overweight with Delta...if you were over .80 then maybe I'd consider it. Also if share price gets close to .40 maybe it's worth it
Comment by
DirtyCadillac69 on Jan 05, 2021 9:55pm
shares wont hit 40 coppers soon so dont hold your breath! I mean maybe if there is another massive drop accross the board like in March???? but if that happens we all beef hooked!
Comment by
DirtyCadillac69 on Jan 05, 2021 9:53pm
Just do it! Youll look like a financial genius in like 2 years! lol