Average Buying is the way to go. 10,000 bought at each of 4,5,6,7 & 8 is the same investment as 10,000 bought at each of 8,7,6,5 & 4. I don't worry about price per share. I just keep adding as I did again today. This company has a lot going for it as an investment. Traders moving in and out are just guessing. For every right guess there is a wrong guess. Nobody ever bought stock without someone else being a seller of that stock. Anyone who shorts TECO is crazy as either a news release or someone who wants to invest may push the price higher before he can cover his short. I follow the news and chatter here frequently each day, but there is more to life than worrying about every little bit of possible gain. Market Makers are just frequent traders working on small rises and falls of a stock. Thus they too are guessing on the overall direction. This stock is definitely on an upward trend and is doing fine just like high priced stock. After all, if you don't consider Apple in stock market trends you would see the rest of the world isn't doing so hot either with China and Europe having slowdown problems. We'll see TECO ready to produce significant product from all locations just in time when the world's appetite for energy increases. This is a time to keep adding to long positions, even if done by averaging that doesn't move the price per share.
AI
