I bought 200 stock shares at an average price of $79.29. Now the values of the stock are down to $54 a share. I have lost almost $5000 in stock value. I was wondering if there was a way for me to break even somehow or minimize the amount of money I will lose when I sell them. Let’s say I was to buy more shares to lower the average stock value and then sell them. I was trying to figure it out mathematically and it wasn’t adding up. Could someone help me or advise me on what I should do? I wish to sell my stock share and pay some bills!
Financial Stock Question?
- Thread starter Joell
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