17-10-2013, 10:11 PM
What I read and believe is that averaging down can only work with indexes or funds.
If applying to a single company, it will be far too risky, as the company could be really in trouble, or some major shareholder may buy out the company at a low price in the future.
If applying to a single company, it will be far too risky, as the company could be really in trouble, or some major shareholder may buy out the company at a low price in the future.