Among .ram, koru, snxx..

Created at 156.**.54.57 228 4 0

Hello... I know it is ultimately my own choice...
I have 2,000 shares each of RAM and SNXX, and 1,000 shares of KORU.
My average cost is high: RAM at 25, SNXX at23, and KORU at $35.
Right now I have $10,000 in extra cash, plus I bought 50 shares of AMD at 80 and 50 shares of AMT at82, which I am thinking of selling to average down.
Between SNXX and RAM, which one would be better?

 

Tags KORU RAM SNXX Facebook X
Comments 4
114.**.163.217
Today is not a day to average down, but to trim some positions first and build up cash.
25.**.127.68
I don't know about anything else, but it would have been great if you had aggressively averaged down when SNXX dropped to the $8 range last week.. Don't do it today, but wait a bit and buy more when it drops.
229.**.225.64
I don't think buying in right now is a good idea. Right now is when the people who've made gains are selling. It might drop again around next week. Even buying the dip is only effective when the price is low; it's useless if you do it when it's high. It's like adding fuel to the fire… It'll drive you even crazier when it goes down.. Just wait a little bit.
70.**.37.53
I hope you don't sell AMD and AMAT. If I had to pick between the two, it would be SNXX, but if it were me, I'd go into both, or SNXX and SKHL. SNXX has the largest upside and downside swings, and RAM is somewhere in the middle between SKHL and MULL. The most important thing is the entry timing, and as you know, with leverage, your average price needs to be low and lower still. Not only to make money, but because you need to defend when it crashes or the stock price drops. Thinking "if I wait after buying in high like underlying stocks, it'll come back..." will get you in big trouble, because there are ones that never come back. The approach also differs depending on whether this is for swing trading or long-term. I've been doing leverage for almost 10 years, and for me, up to today's price is my limit for buying more. After that, no matter how much it goes up, I don't touch it until the next crash.
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