_IF_ I had your patience, I might be able to avoid putting a lot of these knuckleheads on <IGNORE>, but I don't. I _was_ being kinda playful about the "ignore all negative", but it is definitely a temptation.
Meanwhile, just for kicks, I ran some numbers on a very old-school ancient dollar-cost-averaging scheme that mutual funds salesmen used to suggest: investing the same fixed amount at regular intervals, so you get more shares at lower prices and fewer shares at higher prices. Pretend I bought $1000 of RAS common at the closing price every Monday for the last 6 months. Here's the prices and amounts:
Suppose I sold 16,000 of my 17,865 shares today at $2.01 per share. That would leave me $32,160 minus commission, which is less than $10.00 flat rate at my broker. Call it $32,000 just for fun. So, I have $1000 cash more than I spent, and still own 1,865 shares of RAS common that cost me ??? dollars. Maybe not "frxx" shares, but still...
Yep, I'm about as unsophisticated a "trader" as you're ever likely to find. Just fell off the turnip truck = me. Still making money, somehow, simpleminded as I am.
Nice real world example. For what its worth, if you sold 16K shares at $2.01 you actually would have a zero cost basis (e.g. free shares) on your remaining 1865 shares. Your ROI at $2.01 would be 16% and the average price of your remaining shares would be -62 cents.
Nothings wrong with the picture. Its a classic investment approach that has doubtless worked well for many investors (albeit usually with smaller amounts of money and less frequent investments. And its exactly what my ex-wife and I used to do 30 years ago with dividend reinvestment stocks and a three month interval. We'd send in $100 bucks every quarter. It worked very nicely.
Of course if I wanted to make an argument the other way, as at least some on this board might want to do, I might pick a longer time frame and a less frequent investment interval. I'm not sure it would matter, but I'm sure there are combinations of length and interval that would give you a price over $2.25.
Good job, though. You'd have a profit and, at least from the perspective of zero cost basis investing, an average cost of less that zero (e.g. "free shares"). The only thing that might be missing from what you've presented is the commission on each of the transactions, but by your assumptions, that would be roughly $310, so you are still ahead on cost.
For what its worth, I'm not really a trader either.