Do you remember when UBS stock was at 80 CHF? I don’t, because it was in 2007. Read about “anchoring bias” in investment before you decide to catch falling knives.
Oh damn, That is harsh comparison =( Imagine all tech stocks stay on that level just like Banking stocks. City group is also one one them. That would be pain full to remember
Be careful not to reproduce the so-called Martingale technique.
As long as you consider it as a bet rather than an investment and that your risk management is well thought out, why not.
I must admit that I also took a position on EPAM with some success (+165%) recently.
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