Remember a few weeks ago when ICON peaked around $4.00? Feels like a distant memory now. ICON has almost dropped 50% since then. It's possible I'd be in a much better position if I had sold all my ICON and re-bought a week later. Whoops!
We grabbed another 10 ICX today @ $2.15. Eventually if we DCA hard enough, we will pull down our break even to a level we can escape from. That could be several years at this rate.
Here's how the project looks so far:
| ICX Owned | Current Price |
|---|---|
| 189 | $2.15 |
| Investment | Current Value | Net Profit/Loss | Profit per Day |
|---|---|---|---|
| $935.01 | $407.17 | $-527.84 | $-5.33 |
ICON is sitting in the middle of our pack loss wise. The profit per day looks much worse but we have invested quite a bit more in ICON than any other project.
The price did increase from last week and some degree of stability would release much of the stress surrounding these investments, even if it was only temporary.