Good evening,
Since my last post I opened OXY at $47.30 with a stellar retreat to $44.32 with -$3 a share down since it's purchase just days ago. Looks like Buffet and Morgan Stanley can both be wrong. Add me in to the wrong purchase at the wrong time mix as well....
...After all, charts do lie.
On the other hand, due to cost averaging at an average share price of $4.80 per I now have a minor profit in NIO since practically day one of purchasing this electrically powered canine. Hope all the short sellers lose big big time with it. With 29% of float in short interest, it's bound to be many somebodies disappointment.
Then there was IBM. I say "there was" because somehow my sell order miraculously executed at $146.30 today. Don't ask me how. Mine is not to reason why...
So I'm still waiting for settlement and cost basis on IBM, but I'm certain it hasn't yielded mucho.
Still also have those shares of IBM left in my long term dividend reinvestment plan. Though not so many.
I've still been accumulating cash as I will buy for the most part on market dips. One thing is for sure. The stock market may never go down again, but I sure will be ready with more than ample cash when it doesn't.
