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darkoz
darkoz 
Joined: Dec 22, 2009
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August 30th, 2021 at 2:01:21 PM permalink
I have to admit I was averaging in because of the closed casinos.

I brought as the stock was rising to catch the tide and again when it lowered to grab some more shares on the cheap.

All in all it left me at $3.44 average and it's been that way for a long time.

Once I got back into casino AP I dived into that full force.

I invested a small amount into one CRispr technology stock as my son believes in CRISPR and I found a company I was comfortable with. I own 2500 shares at a $8.33 average.

I don't even name that company due to all the negativity here.

But otherwise my AP gets all my investment these days and has a lot better (and much quicker) return.
For Whom the bus tolls; The bus tolls for thee
Mission146
Mission146
Joined: May 15, 2012
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August 30th, 2021 at 2:27:52 PM permalink
Quote: billryan

I don't disagree with this at all, except if you are buying a certain amount per month. All through college, I bought
$20 a month of ATT and $15 a month from a company that eventually merged with Proctor and Gamble. In those cases, I wouldn't even look at the price, be it up or down. Back in those days, I had to actually write a check out and mail it to them. In general, buying on the down is a rookie mistake that almost everyone makes.



I agree with that totally. Thatís not deliberate averaging down. It just sounds like gradually investing in a blue chip stock that you intend to hold, but just doing it as funds become available to you.
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
Mission146
Mission146
Joined: May 15, 2012
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August 30th, 2021 at 3:27:17 PM permalink
My article also described Gamestop as, "Massively screwed," so you guys should like that! I guess you really never know, do you?
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
billryan
billryan
Joined: Nov 2, 2009
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Thanks for this post from:
Mission146unJon
August 30th, 2021 at 3:44:32 PM permalink
Quote: Mission146

I agree with that totally. Thatís not deliberate averaging down. It just sounds like gradually investing in a blue chip stock that you intend to hold, but just doing it as funds become available to you.




It jump started my IRA. The Army was giving me $232 a month and I invested 15% of it towards my retirement. My plans back then were to put in twenty years and retire at 42.
DRich
DRich
Joined: Jul 6, 2012
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August 30th, 2021 at 5:49:12 PM permalink
Anyone who thinks buying a stock because the price is going down is an idiot. Anyone that believe buying a stock because the price is going up is an idiot.
Order from chaos
darkoz
darkoz 
Joined: Dec 22, 2009
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August 31st, 2021 at 7:55:47 AM permalink
Now this is what I consider a "total failure".

HIV vaccine was found not only didn't work but actually caused a higher chance of getting HIV.

No, that's no Leronlimab, BTW.

https://www.nature.com/articles/nature.2013.13971
For Whom the bus tolls; The bus tolls for thee
SOOPOO
SOOPOO
Joined: Aug 8, 2010
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September 13th, 2021 at 1:26:01 PM permalink
CYDY only up 22% today! My investment is now +$60. I should sell and take wifey to Olive Garden but am holding in sync with DarkOz!
DRich
DRich
Joined: Jul 6, 2012
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September 13th, 2021 at 1:45:30 PM permalink
Quote: SOOPOO

CYDY only up 22% today! My investment is now +$60. I should sell and take wifey to Olive Garden but am holding in sync with DarkOz!

  • link to original post



    Darkoz isn't the only "brilliant" one still holding his CYDY.
    Order from chaos
    billryan
    billryan
    Joined: Nov 2, 2009
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    September 13th, 2021 at 2:22:24 PM permalink
    CYDY puts out a promising press release and their investors double down for the umpteenth time. Should be a fun forty minutes if they don't screen the questions.
    darkoz
    darkoz 
    Joined: Dec 22, 2009
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    September 13th, 2021 at 2:47:14 PM permalink
    Quote: billryan

    CYDY puts out a promising press release and their investors double down for the umpteenth time. Should be a fun forty minutes if they don't screen the questions.

  • link to original post



    Actually the press release was from Biomm pharmaceutical in Brazil on the start of trials as well as from Anvisa Brazil, the Brazil FDA giving the trials authorization.

    These were a few weeks ago but the first patient was injected at the end of last week now that import issues were finally overcome.
    For Whom the bus tolls; The bus tolls for thee

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