Fri, Jul 25, 2014, 6:20 AM EDT - U.S. Markets open in 3 hrs 10 mins

Recent

% | $
Click the to save as a favorite.

E*TRADE Financial Corporation Message Board

  • rogerdonna_1988 rogerdonna_1988 Feb 17, 2013 4:04 AM Flag

    I Just Took A Very Large Long Position Here On Friday!

     

    Wish me well.
    My research says we're going much much higher.

    This topic is deleted.
    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • It's usually a good idea to buy into a new position in at least 2 to 4 "chunks" over a month or more period to insure you get it at a reasonable average representative price within that intraquarter period. A stock tends to be more heavily traded during the weeks immediately following the earnings cycle, and sometimes fading interest combined with profit taking allows choice between earnings deals for the patient investor.

      And, by the book, there is NOTHING wrong with averaging a position UP, nor, if you were going to take the entire position for a long term ride to begin with, averaging down, provided there is real value there for your money. Value that I agree this stock has.

      Good luck though, not that you'll need it on this one, just alittle time.

 
ETFC
20.73-0.54(-2.54%)Jul 24 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.