RE:RE:RE:Are we expecting a pullback soon?Oh, sorry, I misunderstood.
Another technique to accumulate would be to reinvest the dividends. That can be done yourself using dividend cash or you can request that your investment house sets up a dividend reinvestment plan (DRIP).
If you have more money to invest it can be difficult to pick when to purchase. Rather than guessing, it can be beneficial for some to have a pre-scheduled date of purchase, maybe monthly or quarterly. Mutual fund promoters call this dollar cost averaging.
Strategies aside, people became accustomed to delaying their equity purchases because of 2008 and 2009. We are in a bull market right now and delaying equity purchases stings as stocks continue to climb.
If it's a long-term investment, sometimes you gotta just take a deep breath and buy. If COS can produce 105k-110k boe/d and sco prices stay above $100cdn, you're looking at a stock that the market may pay closer to $30 for. Whether an investor buys today at $21 or $22 won't make that big of a difference; waiting for $20 as the stock climbs higher, that's going to sting as it starts to trade on fundamentals.