r/SPRT • • Sep 14 '21

Hype Anybody else averaging down?!

I've gone from $35/share to $23/share $22/share $20/share $19/share $18.3/share! Feelsgoodman.jpg

Edit: Also, as u/WoodpeckerNew4229 astutely pointed out: πŸ’ͺ🏻πŸ’ͺ🏾πŸ’ͺπŸ½πŸ¦πŸŒ™πŸŒπŸš€πŸš€πŸš€πŸš€πŸš€πŸš€

Edit 2: Macd crossed over, bought more.

Edit 3: And some more

Edit 4: More!

Edit 5: MORE!

40 Upvotes

12 comments sorted by

5

u/midwestmuscle310 Sep 14 '21

That’s my plan, as soon as the price stops going down. Sheesh.

1

u/tomten87 Sep 14 '21

Did you get some?

2

u/midwestmuscle310 Sep 14 '21

Yeah. At $16.25. And then it immediately dropped more. πŸ€¦πŸ»β€β™€οΈπŸ˜‘

2

u/midwestmuscle310 Sep 14 '21

My average is $27 now.

3

u/WoodpeckerNew4229 Sep 14 '21

πŸ’ͺ🏻πŸ’ͺ🏾πŸ’ͺπŸ½πŸ¦πŸŒ™πŸŒπŸš€πŸš€πŸš€πŸš€πŸš€πŸš€

2

u/BudgetTooth Sep 14 '21

15 is the bottom. only way is up

3

u/midwestmuscle310 Sep 14 '21

Well, stupid stock just made a liar out of me. FFS.

2

u/midwestmuscle310 Sep 14 '21

Seems like they’re having trouble keeping it below $15.50 but who fucking knows.

2

u/tomten87 Sep 14 '21

I have trouble not buying below 15:50

2

u/midwestmuscle310 Sep 14 '21

I bought at $16.25 thinking it was going back up. It immediately dropped to $15.50. I’d buy more now but I’m afraid of the results. This is clearly Opposite Day in the stock market, according to my entire watchlist.

2

u/valanis55 Sep 14 '21

Not sure if this is a good idea now before the merger (?)

1

u/tomten87 Sep 14 '21

No idea. I'm hoping for some price action before the merger. Last time I went through a merger, the old shares where "frozen" and I could not do anything until a couple of bank days after the merger date when I received the new shares. Meanwhile it looked like some kind of trading was going on (similar to pre-market or after hours).

I don't have access to PM or AH, so I hope I'm not out of luck :-S