FormerXBC Inc XEBEQ

Bought more at the lows today

[Kronyboy]

Sitting on 21,350 shares @ $3.61... at least these new and temporary lows are good for cementing a good average, I think I've shaved off a good 20 cents on barely 2000 shares purchased (as of late). Good luck to all.

[whognu1]

The “Law of Holes” adage first appeared in the Washington Post dating back to 1911. “Nor would a wise man, seeing that he was in a hole, go to work and blindly dig it deeper…” This old proverb can be applied to business, economics, gambling, friendships and love.

[Kronyboy]

Respectfully, I think you're over-estimating how much of my overall portfolio is in Xebec (less than 13%). I'm living my best life and am far from any sort of hole. Let's call a spade a spade, pardon the pun.   

[whognu1]

different definitions of a hole i guess and sincerely KB, if you're happy i am happy! as per your numbers, either you have invested 18% of your portfolio and it is now 13% or, you invested 13% and it is now 9% either way you are down 30% or $22,000 another new low today and new lows are never good call this what you will, and while the tech 'might' be good, the trading and

[Kronyboy]

Responding to this in fairness - here are the numbers: My total tradeable portfolio value as of today's date/time with XBC @ 2.52 : $529,401.10 Total invested in XBC: $53,802.00  | Total down in XBC: -$23,427.45  | True value (at even money) = $77,229.45  |  Total invested in Xebec: ~14.59% of my portfolio when taking losses into account.  I'd like to

[whognu1]

well that's funny; i had you pegged as a younger fellow more non requested free advice don't use the word 'ONLY' to justify adding to a losing position a bad buy is a bad buy, no matter what the amount with respect, you haven't seen a market bear yet; one will come at some point and you will wish you had been a bit more prudent with your portfolio one day the fed

[whognu1]

forgot to add this............ attributed to w buffett (i know, OG)  “I've learned that when a man with money meets a man with experience, the man with experience ends up with the money and the man with the money ends up with experience.”

[Gasmonkey]

Wish we could give more than one thumbs up to a post. This is one of those posts  ! 

[Gann999]

He also said buy when there is blood in the street they are just sayings. The man with experience can only take the man with the money's money if he sells.