Took 500 shares at $8.16 for the portfolio.
more later…
Update: I was happy to buy this stock in the high 8’s only a few days ago. So, I’m very happy to get a chance to buy in the low 8’s.
Contrary to my stance on Dollar Cost Averaging, I am willing to add if it goes lower because the stock clearly has strong institutional support and although they added 1.6 million shares to outstanding, total outstanding is still minuscule (~18M). In my opinion, this is the right time for this prior to summer. So far, long term holders don’t seem all that upset since volume isn’t extreme.
Back to watching and waiting for opportunity,
CC
P.S. I’m looking at INHX for a quick trade.
