Monday, June 9, 2014

Add to IRBT

On May 16th here I picked a bottom in i-Robot. (IRBT)
Well I was lucky, so it is time to add to the position and see if we can get a resumption of the trend up.

Today:
An add today will put my average price somewhere around that low IRBT made a few days ago. I'll use that support in my favor with a larger position.

Of course I always "watch the tape" for unusual activity and adjust as needed..........

Controlling risk,
gh

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All comments are appreciated as it will give me a chance to adjust my content to any real people who may be out there. Thank you. gh