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Bullboard - Stock Discussion Forum Wolfspeed Inc WOLF

Wolfspeed, Inc. is an innovator of wide bandgap semiconductors, focused on silicon carbide materials and devices for power applications. The Company's product families include power devices and silicon carbide and gallium nitride (GaN) materials. Its products are targeted for various applications such as electric vehicles, fast charging and renewable energy and storage. Its silicon carbide... see more

NYSE:WOLF - Post Discussion

Wolfspeed Inc > Using dollar cost averaging for this stock.
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Post by coolfooldumbguy on Oct 14, 2024 1:29pm

Using dollar cost averaging for this stock.

Last week  I added my last amount of shares for this one,so that my buy order of one thousand shares at $9.11 cents per share gives me a total amount of 3,000 shares.It is always good for me to use the Dollar Cost Averaging method to buy stocks because it is too difficult for me to get the bottom of a stock.Using this method allows me to be a better player in the markets.My price works out to $ 8.42 cents per share, &  that looks great after going up on Friday.
Comment by coolfooldumbguy on Oct 15, 2024 11:00am
My mistake,correction,my average cost for my 3000 shares of this one works out to $ 8.14 cents per share,so that I will be howling at the moon later this week.