His point is he is an idiot. 1000 shares @ 9.43 + 18860 @.50 = .94 share . Dollar cost averaging resulted in $113K in profit assuming the same amount invested both times. Who really cares if it didn't get get back to initial price.
Did that on BAC and still holding for second double, along with citi, ms, and jPM. I agree metals should turn up in a recovering economy. just waiting and holding for AA, PAAS, and MCP for rebound.
I too have loaded up. GS upgraded and IMHO anything under $12 is a steal w/small dividend to boot. 2014 should be a strong year especially if their currency gains some ground.
That's why you dollar cost average...Disney Deal other deals coming; one sec clears shorts scramble to get out to maintain profit. This could just as easily go up $2 on good sales numbers. Shorts are now taking risk as well as longs. You'll wish you bought this come this time next year. Ford @ $2, BAC #$%$ Best Buy $7,,,,,at the time the shorts had lots on their side. By the way the best was SIRI @.25
Why do you want to overpay a MACY's....the only time I ever shop there is when they mail $50 cert for spending $100
Put your money where your mouth is Short or Long. Take a position either way you chickens!!!!!!!