Kenya,
Your comments regarding Compaq are often very interesting. I have a couple of questions for you after reading today's posts. First, when you're looking at this stock are you primarily looking it as a relatively short term play, as a long term play, or both? The reason I ask is that after holding this stock for more than a year, and then adding to holdings at prices that were always above where I should have bought, I'm in a quandary as to whether I should buy more of it now in my SEP-IRA. It seems that every single time I pull the trigger on this pup I always get smoked in the short to medium term.
I almost bought more two weeks ago when it briefly dipped to 33, and then almost bought again yesterday. Now, I'd like to buy a couple of hundred more shares, but I'm wondering if by being patient I could still pick it up for a bit less. I'm not looking for overnight gains, but would like to see some decent return over the next month or so. In your view am I wrong to be "nickle and diming" like this?
Thanks in advance for any insight that you can provide.
JMaz |
