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I buy in a bit at a time

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Fallingknife75 Member Level  Wednesday, 10/06/10 11:41:19 AM
Re: Fat Tony post# 3
Post # of 16 
I buy in a bit at a time as well. To hard for anyone to pick a bottom so i just cost average down until i see a change in trend, then complete my position hopefully before any big moves.

Today is pulling back a bit on weak volume as expected after yesterdays run up. Provides more opportunity in my opinion, my position is complete in ICLK so im just keeping an eye on it.

Earnings estimates ive seen range from .02 to .05. Ill need to run some more numbers before i make a guess at it. And just like the analysts, it is a guess. I am confident however that revenues will get beat; we will see how much of that flows to the bottom line. With the small float ICLK has it wont take too much to move the earnings numbers.

Ill post if i come across any good info.

Stay long


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