Post by
tamaracktop on Jun 10, 2023 1:58pm
More often than not
Averaging down isn't a good idea.
Trying to catch a falling knife.
Throwing good money after bad.
Averaging up is often better, but timing is critical.
You don't average up when a stock makes new highs.
You average up after a stock makes new highs, pulls back, and then turns higher again.
Comment by
tamaracktop on Jun 10, 2023 2:03pm
This stock quadrupled off the August lows in a few short months. It's now pulled back 33% off the high. Its still up 170% off its low. When the stock turns higher again, the smart money will start buying again. The big money. It will come back with a vengeance.
Comment by
u30822 on Jun 10, 2023 2:11pm
Your few short months is almost a year....lol
Comment by
tamaracktop on Jun 10, 2023 2:15pm
Almost a year? No. September to February.
Comment by
u30822 on Jun 10, 2023 2:18pm
No Aug to june. By the way we are down about 30% since Jan.....and still dropping....
Comment by
tamaracktop on Jun 10, 2023 2:30pm
Not going to debate. From 75 cents in September to $3.05 in February. It quadrupled in 5 months.
Comment by
u30822 on Jun 10, 2023 2:43pm
Now we have to go up 50%nto make your nuumbers right again. By the way I think percentages and Technical analysis both suck for penny stocks.
Comment by
tamaracktop on Jun 10, 2023 2:50pm
This isn't a penny of stock. At $300 million, it meets the US criteria for being a small-cap.
Comment by
u30822 on Jun 10, 2023 2:54pm
It's under $5 and thats considered a penny stock....
Comment by
tamaracktop on Jun 10, 2023 3:05pm
It's marginable. Penny stocks aren't marginable. End of story. Believe what you want, and I'll do the same. Have a great weekend.
Comment by
tamaracktop on Jun 12, 2023 4:43pm
Little more than an experienced guess, but it seems to me that it's entirely possible that the time arrived today to put my theory to the test, one trading day after that post.
Comment by
u30822 on Jun 10, 2023 2:09pm
In most cases you are right you shouldn't aver down. I think Exro is different. We pretty much agree the price will be higher by the end of the year.
Comment by
tamaracktop on Jun 10, 2023 2:13pm
I see a double from here easy. By the end of Q3. The S&P has just confirmed a bull market. The Russell 2000 will follow.
Comment by
tamaracktop on Jul 11, 2023 11:55am
Saturday, June 20th. It closed at the closing low the day before at $2.02 For the record, I'll stand by that. I hope for all our sakes that I'm right. I'm pretty confident. Sentiment swings to extremes both ways.
Comment by
tamaracktop on Jul 11, 2023 11:57am
Oops. June 10th. Typo. Bad fingers.
Comment by
Moemoney42 on Jul 11, 2023 12:07pm
Here's another for your pipe TT.. the truth hurts eh.. LOL.. Post by Moemoney42on Jun 09, 2023 12:08pm 73 Views Post# 35488626 Not far off now! Moemoney42on May 24, 2023 2:35pm I wouldn't be surprised to see a price under $2.. that would be my entry point FWIW.. ;-)
Comment by
JohnnyUtah44 on Jun 12, 2023 8:58pm
....Pandora, don't worry about it, remember sue has been saying for Years ...nothing is lininear.... Lmao...but no excuses she has claimed........lmfso...a they don't give 2 shakes of a rats as about ess...moo
Comment by
tamaracktop on Jul 11, 2023 11:04am
- June 10th That post is a month old It seems to me it's applicable to right about now.
Comment by
Moemoney42 on Jul 11, 2023 11:19am
Well if we're gonna pat ourselves on the back.. how about my sell call early Feb. when it broke $3 CDN and my buy call when it broke $2 CDN.. you know the one in Feb. TT.. its the one you called "premature" LMAO..!!
Comment by
tamaracktop on Jul 11, 2023 11:25am
It seems to me that you're the one patting yourself on the back, not me. Off you go, back to that exclusive club of people I ignore. Bye bye.
Comment by
Moemoney42 on Jul 11, 2023 11:28am
LOL.. yup the truth hurts eh TT.. doesn't suprise me of your reply.. lame..!