Setup another limit trade and bought BAC at $5.40 again. This increases my position by about 33%. Average cost per share has dropped from $11 to around $9.40. Anything under $4.50 will be another buy signal.
Posted on February 3, 2009 at 4:21pm —
Hey everyone,
When we had the older forums, I kept a simple trading journal to show everyone my trades. Now that the Investor Trip community uses Ning.com, I'm starting the same thing again.
My only trade this week was 150 shares of BAC at $5.70. My average cost per share is down to around $11 now. I'm still hurting big time, but my patience has paid off a bit.
I'm getting the same company at a nice discount. Hoping my long term perspective pays off.
Posted on January 23, 2009 at 11:34am —
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I will visit that link and see wat brokers are sayin .....but in your own opinion which stocks are trading favourably that side ....wats the PE ratio for the market and how are the stocks fairing against the market norm?