To: SpecialK who wrote (29 ) 9/17/2003 12:26:04 AM From: Lance Bredvold Read Replies (1) | Respond to To each his own. I decided I liked the company, it's business and it's management and that it was a compelling purchase at $33. So I began buying there and normally would buy each time the price went down 10%. However, I really am convinced this is a good opportunity, so I began to buy with each 5% drop and am on my 4th purchase today. I believe I would like to own at least 3 times the amount I've purchased so far. But I never go all the way at once since long experience has taught me how wrong I can be and usually am. I will buy with every 5% decrease and when the price gets up to where I think it unreasonable, I'll begin selling but only at each additional 10% of price. That should allow me to accumulate a larger number of shares--at least it has worked well for other companies.
