Sorry if this has limited appeal but I'm posting these buy-side trades in the hopes of helping less experienced investors. Feedback has been positive, I'm happy to report. When I believe it's time to lighten up on my position, this board will be the first to receive such information.
Moments ago I saw that my second purchase order for ALDW made it through the execution process. I paid $10.13 for another 150u's.
Currently I hold 1,700 units with a CB (cost basis) of $11.37 with a loss in the amount of $2,115 showing.
Bear in mind that a couple of weeks ago I was ahead by a somewhat similar amount. That boosts my confidence a little as it makes obvious the fickle nature of a market capable of NOT pulling things together in a meaningful way.
I'll be laughing all the way to the bank when I think about starting to unload some of these cheap units for $25 and more.
For now, then, I'm expecting to stand pat, ready to add units but only at sub-$10 as I could probably buy all day long at prices marginally above $10 as I just did.
I am absolutely positive this is going to be a stunning money-maker. There isn't a shred of doubt in my mind.