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Strategies & Market Trends : Value Investing

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From: Suma	7/12/2006 4:22:20 PM
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Maybe some of you more savvy investors can help me with this conundrum.. I have PFE at 36.... It has gone down every since.. But I only had 200 shares. So, I bought another 100 at 25 and then it fell more so I bought another 100 at 21 and then another at 23.. So now I have 500 shares.. The stock owes me 31....plus to get even. Would you advise letting it ride where it is now or buying more to get the price down lower.. I don't like the stock and am sorry to own it but I feel STUCK with it... To exit gracefully I have to get the share price DOWN as I cannot see the stock going up to 30... as I won't live that long. ML

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