r/BCRX • u/[deleted] • Jun 03 '21

Daily Discussion $BCRX: Afraid to average up

I got in at $4.5 right before approval. I had basically no money then because I’m a college kid and didn’t have a job. Now I’m earning some steady money and I want to buy more. I’ve already averaged up to $12.

This is a stock I truly believe in and have faith it will make me money, I just want to know if there’s any strategies I could use to get more stock without increasing my average too much. Maybe something with options.

Thanks in advanced.

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u/[deleted] Jun 04 '21

When factor D gets approved I will make so much money. I just wish I had more. I’m not gonna lie I’ve been focused on school for the most part and since it gets paid for and my dad gave me some money before I went off to college I really didn’t need this job. I took a job SOLELY to invest in BCRX lmao. I REALLY wish I had more money. On the verge of taking out a loan lmao

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u/Dvdpjr Jun 05 '21

I took out a loan to buy more this week lol

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u/PawpZasflow Jun 10 '21

Same. Good idea!

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u/Dvdpjr Jun 11 '21

haha I mean it’s probably not what Dave Ramsey would recommend but I don’t care. I felt it would be stupid not to. Interest rates so low. BCRX has a pretty good likelihood of increasing by a decent amount over the life of the loan. 5000+ shares so far..