Since it's in my portfolio and on my screen all day, I watched with equal emotional highs and lows. When it broke below $1.50, my hand hovered above the "Buy" button. But I knew it was erroneous, would be canceled, perhaps tying up my account and generally be a real mess to deal with. So I passed on "averaging down."
Speaks loudly to shameful failure of the system, as well as avoiding hard stops and instead, using mental stops, or better yet, options to hedge and protect.
Emphasis on shameful.
A
