posted on
Feb 15, 2008 01:34PM
It would be a rare occasion for me to add to a position that shows a chart similar to KRY. It is not that I have not added to any positions that have resulted in an averaging down, but very rarely and KRY, in my opinion, would be one of those occasions. The reason is simple there are many other opportunites to invest in and for me KRY has turned into one of those long term investments. For me I just watch it now and to be honest I am kind of num to KRY and I am just waiting for the day that a permit shows up and hopefully starts to put a value on the stock for what its worth. Averaging down is a matter of personal preference and for me not really worth the added riskĀ as one does not really know where the bottom is and until such time that has deminstrated otherwise why brother. For what it's worth.