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L-3 Communications Holdings Inc. Message Board

  • TheArb TheArb May 24, 2012 2:37 PM Flag

    Gonna keep averaging down, but not dollar cost

    I'm gonna start with 20 shares at 67 and buy 10 extra shares every two points lower.

    20 @ $67 70 @ $57 120 @ $47
    30 @ $65 80 @ $55 130 @ $45
    40 @ $63 90 @ $53 140 @ $43
    50 @ $61 100 @ $51 150 @ $41
    60 @ $59 110 @ $49 160 @ $39

    If it drops below 49, I'm screwed!!!

    about 1300+ shares is enough!!!

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    • I mean $39, however, if it drops anywhere near that and holds, then goes back up, I'm sitting pretty.

      This is a very boring board, that's why I'm just posting my current thoughts. Also, I doubt that Greece, with an economy the size of Rhode Island, is going to end up being a big deal.

      The sell of is from the world slowing down, but as the US picks up, it'll lift the world economies. The world economy begins and ends with the US, so long as oil remains reasonable. That's why I can not believe that the US isn't pushing domestic fossil fuel production. That is the dumbest move ever. We should be drilling like mad, cutting government spending and using some of the Oil and Gas public lease money to pay down our debt.

      The Dems are trying to ruin the finances of our country by pushing a socialist agenda. I'm ok with socialized medicine on some levels, but that's where it needs to begin and end.

      Later

 
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