Keith,
Thanks for sharing with us your method of accumulating shares in SNDK. It sounds like a reasonable approach to me.
I try to buy 50% worth of shares all at once...at a price which I feel is low. I place a limit order and wait patiently to see if anyone wants to unload some shares.
Some people feel that it doesn't really matter where on the price cycle one starts AIMing, and for a stock that moves as follows...10,8,6,4,6,8,10...the most profitable entry point is 8. That could be true, but personally, I don't buy that. Since AIM is a buy low / sell high system, why would I knowingly start at 8? It seems illogical to me.
Hopefully, I try to buy in somewhere near to 4 or 5, because...it just might go to 2 after I buy.
Take care Keith and Happy 4th of July.
Regards,
Jack |
