Good question!! It's the old "Catch a falling Knife" question.
I picked some up last week at $.99 on the initial sell off but have not been back in since. My average is $1.10 with quite a few shares on hand so this turn down has been somewhat painful, especially with the hindsight glasses on that saw the shares trading at $1.25 a week ago.
I had hoped to see the $1.00 level hold but the action in gold hasn't helped sentiment either.
The price that needs to hold is $.91. That was the low on the last pullback. If we test that and hold, that could be a great time to average down. Then again, it may never get that low. Given where we are today, that's only a few pennies. The trick is, what if $.91 doesn't hold? Then we could be in for trouble.
I am interested in others thoughts
Chipshot2