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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (41774)11/3/2011 5:15:19 PM
From: E_K_S  Read Replies (1) of 78531
 
Chicago Bridge & Iron Company N(NYSE: CBI)- peeled off a few shares
MDU Resources Group, Inc. Commo(NYSE: MDU)- peeled off higher priced shares w/ small profit
CoreSite Realty Corporation Com(NYSE: COR)- peeled off higher priced shares w/ small profit

finance.yahoo.com

All sales today raising cash. CBI is near the top of my value range. With the way FWLT traded (sell first buy value later), I decided to peel off a few shares and book my gain on 50% of my position. Sold higher price shares in MDU and COR to book a small gain. I doubled up (and more) on both at lower levels.

It looks like one buys the dips and sell the rally building a longer term position with low cost basis. That is why you buy on the way down, let the dust settle and then sell the higher priced shares leaving the lower priced shares as the "value" holds.

This type of trading doesn't produce the multi bagger gains so I still plan to sit on a portion of my good value buys.

EKS
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