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<blockquote data-quote="C-Note" data-source="post: 1483943" data-attributes="member: 9873">I&#039;ve noticed this also while trading penny stocks over the past three months.&nbsp; If you watch a stock for awhile, you learn what it&#039;s average price seems to be, then you can discern when it bottoms out and is poised to rebound, so you can buy more shares of it then.&nbsp; Also, if you have the time, you can check your dashboard a couple of times a day and buy some shares if one of your holdings happens to get hit with a steep, but momentary decline.I&#039;ve tried dollar-cost averaging by initially buying small amounts of a stock, planning on buying the dips.&nbsp; This has worked-out well for me with some stocks (like Citius, Strongbridge, and ATyr), but has backfired with others.&nbsp; For example, I bought a few shares of Capstone (CSFFF) at $3 and Aya (MYAGF) at 3.73, planning on buying the dips in both.&nbsp; The problem is, in three months not only have they not dipped, both of them have gone much higher.&nbsp; Capstone is now consistently trading around $4.50 and Aya around 6.80.&nbsp; So, I missed out on some decent profits by not buying more into them in the first place.&nbsp; However, the opposite has also happened.&nbsp; I went fairly big in an initial buy with Celsion, and then the stock almost immediately tanked and has been trading much lower ever since, so that &quot;buying the dips&quot; with it is ineffective unless the stock ever resumes its value again, which it may or may not do.It seems like a good stock will eventually reach a critical mass in interest from traders, and then it will &quot;pop&quot; and trade indefinitely at a much higher average price.&nbsp; Being able to guess when the stock of what appears to be a solid company is going to reach that critical mass looks to be a valuable skill.</blockquote>

[QUOTE="C-Note, post: 1483943, member: 9873"] I've noticed this also while trading penny stocks over the past three months. If you watch a stock for awhile, you learn what it's average price seems to be, then you can discern when it bottoms out and is poised to rebound, so you can buy more shares of it then. Also, if you have the time, you can check your dashboard a couple of times a day and buy some shares if one of your holdings happens to get hit with a steep, but momentary decline. I've tried dollar-cost averaging by initially buying small amounts of a stock, planning on buying the dips. This has worked-out well for me with some stocks (like Citius, Strongbridge, and ATyr), but has backfired with others. For example, I bought a few shares of Capstone (CSFFF) at $3 and Aya (MYAGF) at 3.73, planning on buying the dips in both. The problem is, in three months not only have they not dipped, both of them have gone much higher. Capstone is now consistently trading around $4.50 and Aya around 6.80. So, I missed out on some decent profits by not buying more into them in the first place. However, the opposite has also happened. I went fairly big in an initial buy with Celsion, and then the stock almost immediately tanked and has been trading much lower ever since, so that "buying the dips" with it is ineffective unless the stock ever resumes its value again, which it may or may not do. It seems like a good stock will eventually reach a critical mass in interest from traders, and then it will "pop" and trade indefinitely at a much higher average price. Being able to guess when the stock of what appears to be a solid company is going to reach that critical mass looks to be a valuable skill. [/QUOTE]

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