RE:Typical Trade Pattern Good for you, you made a very nice profit.
Sometimes the more you have, the more you want....Maybe you've become a little too greedy now....Repurchase at $0.23......really..???..
I see two possible scenarios:
First, what is expected, taking into account the current backlog, the positive EBITDA and all the forecasts announced by Jeff Kendrick, the stock should progress in the $0.40 and more while fluctuating along the way of course.....But not to the point of going down from $0.32 to $0.23......Which would be a drop of more than 28% for no reason.
The second possibility is that the next quarterly results are very disappointing and that the price of the stock suddenly falls very low again.....In this case you would then have the opportunity to buy back at a very big discount.....But would you still be interested in doing so???
Respectfully, if you think that CVX is worth a lot more and you really want to buy back those stocks that you sold, perhaps you should consider doing so at a more reasonable discount.....In any case, good luck.