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re: FSLY thoughts
Posted on 8/3/23 at 4:35 pm to skewbs
Posted on 8/3/23 at 4:35 pm to skewbs
Good for you. I had 75 shares with average in low 80s. Kept averaging down all the way into the 7's. Have 650 shares now with 18.20 average.
I guess sometimes patience, persistence, and stupidity pays off.
I guess sometimes patience, persistence, and stupidity pays off.
This post was edited on 8/3/23 at 4:36 pm
Posted on 8/3/23 at 6:05 pm to iknowmorethanyou
Yep. We had basically the same situation and strategy except my starting point was in the high 50’s. I caught the falling knife all the way down to $8/share and then rode it back up!
Glad to be mostly out though (considering the large $$ I had tied up in this stock before today). The 200’ish shares I have remaining were all bought more recently so the average cost is $13.3. I feel like I’m in good shape to maybe double my money there.
Glad to be mostly out though (considering the large $$ I had tied up in this stock before today). The 200’ish shares I have remaining were all bought more recently so the average cost is $13.3. I feel like I’m in good shape to maybe double my money there.
This post was edited on 8/3/23 at 6:06 pm
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