Post by
Chefboy69 on Oct 11, 2022 8:52am
stink bid
has been set for past month....and will stay there
$89.00
if this hits $89 CDN i am adding to my position here.....Yes the market sucks right now BUT its a great opportunity to get into quality companies and build a position,
this downturn has allowed me to do that...So life is not that bad
You must see the forest through the trees
cheers
Comment by
rad10 on Oct 12, 2022 9:40am
Solid buy. I got filled in royal bank yesterday. Same theory. Stick with quality.
Comment by
AAAAAAAAAAAAA on Oct 12, 2022 10:29am
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Comment by
Chefboy69 on Oct 18, 2022 9:23am
I actually moved my stink bid up to 91.50 and grabbed 10 more shares of this LONG TERM HOLD... and very happy i did..if it goes low again i will finish my position and HOLD for next 15-20 years
Comment by
rad10 on Oct 20, 2022 10:13am
It's a good strategy. I can't time the market, but stink bids ensure only buy quality names on down days. Had a few fill over the last few weeks..... only to drop further though... ouch
Comment by
Chefboy69 on Oct 24, 2022 9:37am
I am very happy with my purchase. Up 5% in 2 weeks, not bad...my next buy is CIBC bank ( CM) i bought after the split and am down 18% on a bank stock, LOL...so just gonna average down good luck