02-13-2020, 07:46 AM
(02-12-2020, 09:44 PM)vbin Wrote:(02-12-2020, 05:22 PM)fenders53 Wrote:It might be better to buy a stock when it's rising rather than falling. I started buying Teva at $21 all the way upto $6 with DCA to $10 and change. I am thinking to add more.(02-12-2020, 04:00 PM)vbin Wrote: TEVA is up 9% after results today. This baby is heading to $20 by year end. If Opioid sattlement comes, it will be $30. Bought some AMRX. Same story.I put TEVA on my watch list when you suggested it, but it went the wrong way. Congrats!
OLN is doing pretty well. I expect it to continue to trade in a range for now though. I think I may add to it on the next dip, and trade some around the position.
Agreed. Chasing 52 weeks lows is usually a bad plan with speculative stocks. Chasing highs is better if you are trading.