Good Morning Crew!
Wanted to report that I was able to get my first Sell executed on AMZN.
AMZN is my newest LD-AIM program, started in September last year.
I had been anticipating their 20:1 split since it was announced early last year, and even though I didn't buy in until a few months later, I did get in at $120 which was lower than the close on the June 6th split date (albeit not as low as it fell a few months after the split and before I got in).
Since then, I had 3 consecutive Buys with my first Sell on 2/2.realizing an 18.7% LIFO gain.
And amazingly enough I got a Buy 5 days later, replacing those shares plus a few at a discount of 10.1%.
Currently, my Actual shares are worth 7% less than they cost, but the stock is down 17% from my initial position.
It's a great example of how quickly AIM reduces average cost.
Best Regards, Steve (The Grabber)
