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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.
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    • 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.

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