Post by
jcw604 on Jul 10, 2021 12:06am
Picking up the cheapies
Thanks for the shares at 23.5 cents. I am getting it at a cheaper price than what the company buy back it's shares for.
Comment by
Stuckinsand on Jul 10, 2021 12:50pm
that investment strategy hasnt paid off very well since 2014. buying more and more shares at lower prices only lowers the weighted cost.
Comment by
jcw604 on Jul 10, 2021 3:51pm
have you bought in 2014 when everything is red hot,
Comment by
jcw604 on Jul 11, 2021 6:10pm
I picked this stock because of its cheap valuation. It's last peak was Sep 2014, versus the peak of xle is months earlier, and the service sector appears to be a trailing sector to the oil sector, allowing me to have some earlier sign to get out.