Terrible day today on the market. I am a bit reluctant to buy the dip just yet. My general approach is happy to do three tranches for something like this, but want to space them out. If I am averaging down, I like for there to be at least a 10% discount to my previous buy in. So I am happy on my buy price yesterday, but reckon next tranche won't come until / if we're at like ~$30. I plan to hold for a long time (unless the investment thesis changes), so entry price is not so material on this investment. Let's see. Wife still hasn't spoken to me since market close yesterday.
MFG Price at posting:
$34.09 Sentiment: None Disclosure: Held
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