I bought PSXP instead.....a new IPO master limited partnership spin off from Phillips 66 (PSX) Dividends paid the first quarter in business, and more drop down assets coming from Phillips partnership deals. Stock will double up in 18 months.
Tickie, stop with your #$%$, ok. How much can one keep on buying on the way down? Maybe you will be right, but how much can one be in the hole? I lost a lot of money in the past with other stocks by hold and buying on the way down - I lost a lot of money that way. There is a time to cut bait, whether you like it or not, Stubbornness doesn't make you money, but on rare occasions from my experience.