BigAl,
I picked up a small chunk at $2.07 yesterday adding to my position.
Buying the dip on up trending stocks has generally served me well and I do this to add to my larger positions. If I don't think its worth buying the dip then probably shouldn't be holding the stock in the first place I figure.
My theory IMHO is that everyday you hold a stock your effectively buying it. And if you wouldn't buy it at the current price then you should be selling it. Simple theory is that you should think all your stocks are good value at their current price point. Thats my view anyway and thats what drives me to buy into dips.
I told you good time to buy, page-5589
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Last
$2.55 |
Change
-0.070(2.67%) |
Mkt cap ! $3.329B | |||
| Open | High | Low | Value | Volume |
| $2.58 | $2.62 | $2.53 | $15.52M | 6.058M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9615 | $2.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.56 | 58215 | 6 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |