Cudeco1 Nobody buys a stock at a higher price on the...

Cudeco1

Nobody buys a stock at a higher price on the understanding that it will be necessary to continuously keep buying as the stock price falls to allow a chance to get back to breakeven and then some profit if lucky. Nobody does that unless they are mad. This is what you claim is your strategy. This strategy compounds the cost of lost opportunity and risk.

You and I bought OBL at the time believing it would rise in the short to mid term. Not many years later after averaging down. It is obvious that you and I have got this investment wrong on the basis of time. One of the most important aspects of investing for the many reasons I've outlined.

If you have bought which I doubt a huge amount of stock at .008 you are stil sitting on a big loss. It's very obvious you cannot admit that on the basis of time which is years in this case you got it wrong.

You may need to keep buying our falling stock price for some time yet until a cornerstone investor agrees with your sentiment.