Nope for all trader and investors there is a cut off and safety net. That what those are for. 40cents avg up shows otherwise. Learn my fren and don't laugh at Saturn. He always say avg down and heavy at bottom. This is what it means.
WhT do you think ? Doesn't my tambun experience prove that it doesn't matter whether it average down or average up ? The key is still to fund a company that can grow its profit.
Then irregardless whether you average up or down, it makes no difference
Even if it goes rm3 you have exposed urself big time Icon...as u said we don't know whether it can go rm 2 . The other game is buy high sell higher however that is base on strategy of breakout support....what is avg up strategy?? Hope it goes rm2 ?? When u do that you are gambling. 50/50
The reason I continue to chit chat with you despite your not so polite opening remarks is because I have checked your postings (350 of them). It seemed you are not one of those ghosts created by Saturn to attack me. I believe you are a genuine member
We might have some disagreement, but I am happy to be your friend
In the market they say 6 out of 10 correct is considered good. That 60/40 vs your 50/50 is a lot of difference. And you tip the scale with avg up which makes it 40/60 , 40 to you odds. You were winning at 79 now you avg has gone up and you still don't know whether it will hit rm2. See what I mean brother???
If I were you, I would look for another stock and buy before it breaks out. 30 cents difference between 79 to 1.12 , I could pick up 10 full lots of another good share and wait
Aiyoh, y argue. It is Icon8888's right to average up or down. Anyway I believe he is collecting/accummulating GOB. If u believe GOB got potential to go higher then I don't think u should say he is average up but accummulating.
Saturn made 250% with/without Trops over 5 years. Btw their Trops already avg down to 1.51 they just updated. Which means if Trops hit 1.61 they made another 10cents from their hundreds of shares there.
Old Saturn is long term also ...read his write up how he chooses his stock. From FA to deliverable to management to personality...... I was happy and respected my fren when he admits Trops and show how he avg down to recover. If he didn't, I would have whack him also.... So don't whack someone without following closely and I have the same respect for OTb now also.....!!!!!
For you icon, u have to earn it that you call for a higher buy on gob. It's not about hoping it goes rm2 but how to bring down avg. Call to buy at lower price base on a methodology.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
gobgobgob
15 posts
Posted by gobgobgob > 2014-04-30 18:37 | Report Abuse
gob friday rm 1.10