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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (49207)8/24/2012 11:05:48 AM
From: NikhilJog1 Recommendation  Respond to of 78486
 
To buy more if the stock goes down further, but at 15 cents a share, my total amount used to go long the company is less that what i made on special dividends on my SLE investment alone.

As you know, they took a hit on PC, but what no one is talking about is 3% to 15% growth in their service segment which is half the business now.

15 cents looked like a good price. If it goes down more, to say 8 cents, i will buy another 20 contracts. But since i am not going to trade ( its a long term investment), i did not want to wait.

The best time to buy is when shit is hitting the fan. More downtrend in the mkt is better for me. Also, might want to read article in today's WSJ which talks about medium size firms increasing their IT budgets - space where Dell rules!