04-22-2020, 01:10 PM
(04-22-2020, 01:01 PM)ChadR Wrote: DIS is one of my smaller positions. I got it yesterday under $100. I added a very small amount to a small position. I am in the process of growing the position. If it drops below $90, I will be buying more and at a larger amount. I am nowhere near a full position on DIS and wouldn't be at these levels. If I waited to fully buy DIS when it got to where I would want it, I would be sitting on a ton of cash. I don't like sitting on cash, so I buy small amounts when it gets a little bit more attractive price.The market is fully aware of DIS short-term outlook. If you want to own it averaging in is a good plan IMO. It's 35%+ down so much of the risk should be factored in, unlike may other stocks I'd like to buy.