Why I just threw $1000 more at this
Before the split I was riding about 28 million shares. Fortunately for me, these were all free shares as I sold the majority of my holdings at 0.0004 back in march for a nice little profit + some free shares. After the split this converted to a little over 5,000 shares left. I did the math and decided to go ahead and throw in $1000 more inorder to average down a bit. I was able to get about 14,000 more shares at .07 to bring my cost average down from $1.00 (.0002) to about $.25. This gives me a better chance of eventually profiting on these shares, whereas beforehand I had nearly a 0 percent chance of seeing green on them ever again. I may average down again at some point.
I do not really recommend others throwing money at this dog unless we get some news, but for me I believe averaging down at this point was the right move.
Hollund Industrial Marine Inc. (HIMR) Stock Research Links
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