What Did You Buy Today?

[Main Street Stock Investor]

(03-20-2018, 03:56 PM)lucas03 Wrote: Bought CVS today at 63 (I started buying at $85.30, bought some more on $74 and $73), it has highest cost basis from all my stocks, -15% XIRR. Hope I won't need to buy anymore and can call this full position

lucas03, Best of luck with CVS. What % of portfolio do you consider a full position?

I started building a position in CVS 1.4 years ago on weakness.  Initial entry at $74.99 on 11/9/16.  Have profitably and aggressively traded it while building a position over time.  Current portfolio % is .74% with a 3% target for a full position.  Trading income to date is about 10x greater than the dividend income.  Last two purchases were $73.95 on 2/6/18 and $61.11 on 3/26/18.  Next buy target is < $55 and sell target for last partial position is $69/share.

M$$I