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Re: jugs post# 534

Tuesday, 09/22/2020 2:43:58 PM

Tuesday, September 22, 2020 2:43:58 PM

Post# of 870
Hi J, Re: EPD Buying....................

When I buy it's usually around a 12% share addition. Since "cash" is a limited commodity in my warehouse, one thing I do is to have a '30 day rule' which means no sequential buys in less than 30 days. That keeps the cash burn rate a bit slower. Sometimes I miss a buy but not too often.

Like all rules this one needs to be broken once in a while. If I stick with the rule I'll look to add more shares around the middle of October if my price target of $14.42 still is available.

I have no inhibition in selling. Any time a sell target is met, I will unload 10% of current shares. The method I use can't run out of shares on the Sell side, but I can run out of cash on the Buy side.

OAG Tom

Buy from the Scared; Sell to the Greedy.....

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