Post by
rhdmd on Jul 24, 2013 3:07am
RB, please wise up
RB, you might have started over $1 and able to average down. But that does not make you any smarter than those that still have average cost above $1. It all depends on how much one bought above $1. The larger the intitial stake, the tougher it will be to average down. (Personally, I know a few that have bought over 200000 shares initially, to average down, they would have to invest another 200K to 300K. To continus dumping so much in a sinking company would be financially irresponsible.) Just because you did not have the money for a large initial investment and thus easy for you to average down does not give you the right to continually gloat and belittle those that couldn't. I find your posts extremely offensive and ignorant.
Comment by
ragingbull1327 on Jul 24, 2013 7:35am
....and I find the average investor here extremely offensive and ignorant. No one here seems to know what they are doing.