Good, Rex. Now buy more, and worry. Why should you worry? ...because nobody else is worried...always a bad sign. Watch her. If you are careful, this is a very tradable stock. You can hold a base, take a little profit now and then, and buy back in. 'Don't forget the base in case she reaches terminal velocity and locks you out. At $3.82, time should make you whole and then some. Good luck.
rex..., stay where you are and don't touch anything. ALU has excellent prospects to go beyond what you spent. Should you have more cash available, buy more shares. A principle and recommendation from the book written by Peter Lynch who was a wise and excellent investor.
It really amazes me how many people or KIDS on this board that have no clue what is going on with ALU and the future of the company.
This is a growth stock..... so it goes to 5 or 6 why would you sell when its going much higher. Wall street and the investors are not realizing the effects that ALU technology with have in the future wireless yet.
I am holding a ton of shares and my average is $3.75. Ask me if I am worried. No I am not. Only fools would sell their stock it goes back to the high because the potential to really go higher is here but you lose the chance unless you are shorting the stock
LONG ON ALU- Selling only in DOUBLE DIGIT TERRITORY!!
I believe todays prices should be $5 - $6.
I also thinks in the soon future.. it will be in the double digits.
What me worry not! Here:
absolutely buy more to average down your purchase price if possible for you. there are very few circumstances in which doing so is ever worth the risk involved. in this case it IS. buffet does it, just saying.
Yeah. You should worry all the way to $5. I bought some around there too, and at many prices down to near the year's low. I'm around $1.92 now, but my average cost will go up because I'm still buying. I assume you didn't bet the farm at $3.82. Just buy more (assuming you can handle a little risk), and keep worrying. You are in a good position to average down. People who own stock should always worry. The world can end at any moment.