Doubling down will reduce your loss 50% but it isn't time yet. Let this last dip bottom-out and then add...or put MEMS on as a new position soon. See charts. We don't care about the reason the stock took a hit, just how we can make money on the upswing. See the charts. Only problem with this stock is P-Poor volume, so it is a slow mover, but if you buy the bottom, it has only one way to go. Other problem is the overall markets are topped out. Below 1.90 is a good buy point herein, regardless
I bought mems at 2.20 only to see it drop. With the reported expected stagnant revenue and loss of cell phone application sales this can only mean down. Im loosing hope on this stock. How long is anyones guess when this stock will get back up. Anyone have an opinion? How low will it go by the end of the year?
Re-read my posting. Double down to cut your loss in half and sell or quadruple down to cut your half in half and sell at a reduced loss before it goes up. Went up 6.45% already in the last trading session.