(Total Views: 330)
Posted On: 11/27/2018 10:24:47 AM
Post# of 32724
Very easy to overthink this conundrum but really your goal is to own more shares. You wouldn't buy more if you feared the stock could go to zero.
So buying another 200k in this range would markedly reduce your average cost.
Waiting to identify the very bottom is a fool's game (we may have already seen it) and FUSZ could double overnight on news. Also the underwriter, AGP, will be presenting to institutional buyers all the reasons that FUSZ is ludicrously undervalued.
The condensed version: Start buying now.
So buying another 200k in this range would markedly reduce your average cost.
Waiting to identify the very bottom is a fool's game (we may have already seen it) and FUSZ could double overnight on news. Also the underwriter, AGP, will be presenting to institutional buyers all the reasons that FUSZ is ludicrously undervalued.
The condensed version: Start buying now.
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