13% Pullback = Another Purchase

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12 Responses

  1. That’s just a very hard thing to do sometimes. The stock has fallen and you may worry that it’s going to keep falling. But, that’s how people make money in the stock market. You buy low and sell high. The fact of the matter is that you liked the stock when it was 12% higher and so you should love it at 12% lower because you can buy more shares at a lower price. So, when it goes back up (no guarantees), you make an even bigger profit. You obviously believe in this stock (which I’m not familiar with), and so I say you made an excellent choice picking up more shares at a lower price.

    Good luck.
    Dividend Portfolio recently posted…How I Invested $15,000My Profile

  2. Broadwalk is on my watch list. It’s a solid company! Great buy!

  3. Nice purchase I feel the renovations will definitely help their bottom line and improve the vacancy %. Thank you for putting a link in your post to my blog post.

  4. Question on google I see a negative EPS (EPS -0.93). Is this not a concern?

    I also looked at your portfolio, looks solid man. Seems like Canadian stocks pay much more in terms of yield 🙂
    dividendgeek recently posted…Dividends & ExpensesMy Profile

    • Hey geek. Thanks well thats yield on cost.( so with their raises and dips in price) This quarter they were negative but with all the units under renos and noone living in them at the time, i think its understandable. Once they are done they will rent out for even more.

  5. PCI –

    Congrats on your purchase. If you bought it once at X and they have strong fundamentals going forward and you understand the business, why not buy some if it goes temporarily on sale? Nice job.

    -Lanny

  6. Leo T. Ly says:

    I own quite a few shares of Boardwalk and is definitely feeling this blow of this pull back. It happened once already within the last year and I missed that opportunity. I am going to load up a bit more this time.
    Leo T. Ly recently posted…Basic Investment ConceptsMy Profile

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