TSX:CHE.DB.E - Post by User
Comment by
nonvoyanon Jul 11, 2006 12:01pm
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Post# 11087802
RE: Averaging down works.
RE: Averaging down works.You may also want to cut your position in half and not take so much of a big bet with one stock...that may make it easier to hold on to the other half for six more months.
All depends on your stomoch for volatility I suppose... If you think there's more upside than downside potential, I'd sit tight until you at least break even ( including the cash distributions and commissions of course ). Then sell half and do a balancing act with your portfolio.
For a good value play, I like GCI.UN personally... I think it has the potential to run to $18... They are getting spanked right now because of a questionable AGM vote, but I like the management here...