Thread:
In keeping with the idea that others may gain solace, wisdom, and, certainly, amusement from one's foibles, I offer the following investment anecdote.
Early this year, I decided to significantly increase my investment in semi-equips and other technology stocks and I created a schedule of purchase prices to use to average in to them. Unfortunately, I underestimated the severity of the down move and fully committed my cash too soon. To analyze the extent of my error, I recorded each time one of the stocks hit my next buy level. I offer, now,
"Prices I Would Have Bought At If I Still Had Money To Invest"
(In the order they occurred)
LRCX 15.3125, EGLS 10.50, LSCC 25.00, LRCX 13.50, SVGI 10.50, NVLS 28.00, UTEK 18.125, KLAC 22.50, LRCX 12.00, AMAT 25.00, LLTC 50.00, ASYT 10.50, UTEK 16.50, SPCT 12.00, NVLS 25.00, EGLS 9.00, ASYT 9.00, LRCX 10.50, SVGI 9.00, ASYT 7.50, UTEK 15.3125, ADPT 9.00, NVLS 22.50, LSCC 22.50, AMAT 22.50, LLTC 45.00, SPCT 10.50, MXIM 25.00, SPCT 9.00, LRCX 9.00, SVGI 7.50, LLTC 40.00, MXIM 22.50, ASYT 6.00, UTEK 13.50, LSCC 20.00.
(NOTE: I was subsequently able to raise a little cash and I bought the number of shares targeted for ASYT @10.50, LRCX @15.3125, SVGI @10.50, SPCT @12.00, and SPCT @10.50 at 6.375, 15.3125, 9.5, 9.375, and 9.375, respectively.) |
