Is 3.65 A Good Buying Price?
Q: right now my average is 3.9 at 10k shares! should I average down or just wait till monday>!
A: Personally, I am waiting until monday to see what happens, but then again I want to keep some money on the sidelines and watch for other opportunitiesI am averaged in @ 4.14 and kind of unnerved today, but considering everyone elses earnings posts who ever posts seems down by the end of the day, so maybe monday is our day up when BAC posts earnings above 6? a share if u think is opening up on monday or will hit 4.5 soon, why not buy at this point?! bc I personaly think that we are going to hit 4.5-5 very soon maybe next week and then well have a big fall after that untill the stress test comes out.... so y not buy and miss this upportunity?! Depends on how you think BAC will do on monday, I for one (one of the few) think it'll not be as good as people hope for. I'm expecting a downturn which would hit C as well (which is one of the reasons I sold of my stuff yesterday)Im in @ $1.62 and even though the pullback sucks I am quite certain that for me or anyone who got in under $3.00 to pull out would be a bad move. Let them whoever they are keep on selling. The earnings are a sign of what the future will bring and to think that the corner hasn't been turned and that we are not on that road to recovery is wrong. Sure to sell now would bring a nice profit but to wait is like having money that will be drawing huge interesBased on the comments from a hedge fund manager I know it looks like financials are going to slip again. Not as bad as in March, but this looks like it may be the beginning of a short correction or pull back. We'll see.. GEEZ, People it is Friday and after a long week of volatility. You can sell but the price will adjust again, you may have to wait a couple of weeks but it will slowly move up. But then again I was wrong today. I really thought it would touch $5 and settle in in the low $4.Wait... if you sell with lose, you are losing a battle against yourself. Let the positive you overcome the negative you. If you allow that to happen you will see a positive change in your wallet :) If you do not need your money now wait. In the long term (2-3 years) this stocks will worth 20+.