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Re: None

Tuesday, 10/11/2016 2:27:01 PM

Tuesday, October 11, 2016 2:27:01 PM

Post# of 1925
About fifteen minutes ago I managed to reel in 500 units of ALDW at $8.44. I was smiling briefly until I realized units were going to drop from even that low price.

I may have to add more units if only to take advantage of the opportunity to pull in cheap units. It's all about achieving a very low cost basis. So, let's look at that:

Total units held: 11,000 units
Cost basis: $9.55

While I hardly need more ALDW, the fact is that units I pick up now may produce a gain for me in the next few weeks as we draw closer to our receipt of guidance from the BOD. That's a chance I'm willing to take. Part of my stock market strategy is based on short term opportunities and this is looking like one---to me. It may not work well for you so please be fully aware of the perils.

Good luck!