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Ng, let said last year 18/3/20, low of the day was 0.655, now it trade around or below 0.60, earning during pandemic definitely are awesome, but still the last 2 QR had shown the revenue and profit were topped and this q
this QR already further confirmation the previous QR topped and now declined, your price stuck at RM 2 above,...said now this share bottom at 0.58, you buy at here, but revenue n profit are declining, what's the purpose of buying at here? or your plan are ave then what's your strategies, 0.60 vs 2.60, you need to at here buy 20 times!!! of the qty at 2.60, so that you can sell 0.71 above to break even with the cost of time and risk, will you do this?
@anthony
if i average down price to mayb ard 1.5x... at least my floor not at that high since 0.6x really low nw.
Just one thing will Rubberex share up to above 1.0 or higher in the future..
No one knows tats the problem :-(
that's why I openly ask, it may sound rude, but I think be honest would be much relevant,...when you want to average, then you must at least have a workable rebound TP and time line too, otherwise you are just dumping your money for the sake of average down your above buying level. ppl will lost it's original purposes and goals, that still ok, but the further action are the worst act to add on. so be wise!
mistake always happened in our life, only matters are how we face it, deal with it, or we can choose when to deal with it. I guessed your 260 not the highest level of entry, but 260 are already average down price from even higher, right? so average to resolve your problem are not working. to cut lost are too late make not different, but there might be another way out...