2 for 1 from Via Uno
I saw two shoes that I immediately liked and I didn’t hold back! After all, I’ve been looking patiently for I don’t know how long now and what’s more, they are on 2 for 1 deal. The same thing might happen with my stock purchase this week! As I’ve mentioned in my previous posts, I am looking to increase my position on the stock that I trade but due to bungled broker’s procedure, I missed out. (Arrggghhhh!) I’ve been following the stock, wishing for it to go down my desired price level, but it’s just been bouncing around in a middle price point (14.62 Month High and not falling below 14.15 for the last 3 weeks!) . Which can be a good thing, that means, it’s not getting dumped despite oil prices sliding by more than 2% to $103 level (from $108 high this month) a few days ago. That means, there is strong interest to hold the stock.
Like the two shoes I just bought, they are not exactly a “value” buy (2 for 1 deal but I have to shell out $139 for the 1st pair), but, you guessed it, I really liked them so I don’t mind paying the price knowing that the shoes are fabulous I can get a lot of wear out of them and I am getting two!
2 for 1 from Via Uno
So even if STO doesn’t touch the $14 price level I wanted, I am thinking to buy this Holy Week when seasonal activity tend to soften prices (traders cutting positions before holidaying). It’s risen yesterday to 14.43, but US Market went down at close this morning, I am expecting it to fall at lower levels. Overall however, indicators are pointing to continued global and US economic growth and that simmering Iranian and Middle East tensions supporting oil prices. I’m not holding back and loading up on these babies!
Let’s continue to share our blessings, share this article if it had helped you in any way! And if you want to learn more to protect yourself from rising oil prices, get my book “High Heeled Traders” I tell you all about how to turn “gas pain to gas gain” investing in oil companies! Get the book in Amazon or here!
Thanks very much!
1 month STO
