That is the beauty of this from an investor perspective. I'm in with less than 1k shares and will add at every dollar dip. Eventually an $80 stock. Gotta love IRA accounts that you don't stress over daily drops and you know it will pay big in the end!!
wow! simply not true. bottom's come in many forms. I see a bounce of the 52 week low and then it heads lower again. I never try to catch bottom anymore and it is not too late when you think a stock bottomed. 15% above bottom is a good entry point IMO. I'm in at 17 and will wait until 16 to add... or whatever 15% of the next low is... depending on which comes first.