CONTROLLED GREED.com: Adding to Takefuji

Support Controlled Greed.com Today

I bought more stock in Takefuji Corp. (8564/JP or TAKAF/OTC) today at US$46.90 per share. I first bought the stock in April at $62.50.

The average cost for this position is now $57.30.

Am I averaging down or catching a falling knife? I think the former but time will tell.

August 07, 2006 at 08:51 PM | Permalink

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d83452163169e200d83566e56b69e2

Listed below are links to weblogs that reference Adding to Takefuji:

The comments to this entry are closed.

All information posted on this web site has been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed. Under no circumstances is this an offer to sell or a solicitation to buy securities discussed on this site. Past performance is no guarantee of future success. Any investments, trades, and/or speculations made in light of the ideas, opinions, and/or forecasts, expressed or implied herein, are committed at your own risk, financial or otherwise. CONTROLLED GREED.com, its editor and/or related parties have positions in companies discussed. All data, information and opinions are subject to change without notice.