Q: Hello Peter & Co,
I bought AVO on Jan 29, 2014 for $32.85; it is now around $20.
Question 1: If I did not own it, would I buy it now? Probably not, given all the noise.
Question 2: do I buy more and thus reduce my average cost to $26? I think not; I'd rather take a position in DHX Media (on my watch list).
Decision: hang on to it for a while longer unless it drops further to $18-19.
What do you think of this rationale?
Thanks
Tony
I bought AVO on Jan 29, 2014 for $32.85; it is now around $20.
Question 1: If I did not own it, would I buy it now? Probably not, given all the noise.
Question 2: do I buy more and thus reduce my average cost to $26? I think not; I'd rather take a position in DHX Media (on my watch list).
Decision: hang on to it for a while longer unless it drops further to $18-19.
What do you think of this rationale?
Thanks
Tony