02-22-2022, 04:18 PM
(02-22-2022, 03:59 PM)fenders53 Wrote: Looks good. I really like most of the tickers and yoo caught some deals today.
Some - I actually bought several a bit high. Today was my day to get my STV - Screw the Valuation - stocks. For example, my target price for MSFT is 275, 30 PE. But it's just so darn good that I decided to pick it up at $287. Follow-up buys for these companies will be at a price. Eventually I'll note if something's a STV price and my target price to add more. There is a STV limit - COST is just too darn high even for a great company.
I expect that filling in the rest of the account will take longer as I'll be more price-conscious. And my specs are all bought and won't be added to until they aren't specs any more.
Another name for STV would FOMO buys - afraid they'll never drop to my price.