11-03-2022, 10:41 AM
(11-03-2022, 09:50 AM)divmenow Wrote: Finally decided to pull the trigger and buy SWK at $70.80. Probably not the bottom butYou are going to wait a couple or five quarters on SWK but I have so many friends WAAAY underwater. I have been listening to earnings calls for over a year. It's been the perfect storm. They have made reasonable decisions and everyone of them has blown up in their face so far. They have about $2B in inventory to dump before its obsolete so hopefully they can get a good start on that this quarter even if they have to kill their margins even more to do it. I have been dancing with put sells for six months. I do think this is a decent entry. When the market gets happy it will pay off.
Added a few GOOG. Yes its a fallen knife but if you buy in slowly and dollar cost average in here; its a good start. GOOG I wont lose sleep over at these levels