Yeah...only four more days like today and I'm in for some serious moolah!!!! (Sarcasm...in case you guys don't know it).
Did you scale it in George...when we were under $13..... My position's in ERS 1000@18.50 (6/1/2006) 3000@17.05 (6/6/2006) 5000@15.01 (6/8/2006) 9000@12.72 (6/13/2006) 18000 shares @ 14.40 (AVG.) Cost=$259,180.00 Today's close $15.05 Thought I was going to take a bath in this stock....This position was pretty large for me considering it's Mkt. Cap......I sold off 12,000 shares today@15.13.....$181,560.00 taken out of my cost.... $77,620 current $ cost of position on 6000 shares Avg price=$12.94 with no capital gain.....I got $2 to the down side before I break even and I feel much better about this position.... A nice example of scaling in a position on a falling knife!!!!! $COSTAvergageMAN
Nice trading. No, I didn't scale in. Still have only 200 shares at 15.15 I may pick up another 400 shares tomorrow and try to catch the next bounce to sell some. I did pick up more HTE a few days ago below 27 for the long term.