Starter position in eHealth, Inc (EHTH), $33.75
I bought about 1/5th of what I’d like my full position in EHTH to be today at $33.75:
Why did I buy it today at $33.75? For two simple reasons:
1) I wanted to get my hands on this nice-looking stock.
2) I wanted to buy it on a dip.
I don’t have much, so I can afford a drawdown. But at least I have something, in case I don’t get another chance to buy it before it doubles.
I will fortify this position with more shares when it sets up nicely. If it breaks the trendline, I will sell.
Now I own both of my two current favorite stocks.
