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trading strategy, online trading
[EQUITY RESIDENTIAL / EQR / avgeraging down limit $39.70 ]
Dear Member:
We currently have an "Open Position" on our trade table with EQUITY RESIDENTIAL (Ticker: EQR). We believe that it is time to average down the cost of this position. We believe a day order with a limit price of $39.70 is appropriate and will post this buy if EQR trades at this price (or lower) subsequent to this informational email alert.
We are going to buy the same many shares of EQR as we purchased previously on June 7 and thereby reduce our average cost per share to $43.79. Our new exit price for this position will be $45.10 for all of our shares (ie, the June 7 shares and today's shares).
New Members:
If you don't currently have a position in EQR, we feel that new positions can be established today in EQR as well at $39.70 or lower.
EQR does have a good history of paying dividends. Here's a link to their dividend information:
http://finance.yahoo.com/q/hp?s=EQR&a=00&b=2&c=1962&d=11&e=31&f=2020&g=v
Our "trade" positions have a target gain of 3% from the buy price. Therefore, for new members entering a new position today in EQR we are targetting a price of $40.89 for the exit price. Upon a new initial buy order being executed at $39.70 (or lower) we would immediately enter a GTC (Good 'Til Cancelled) sell order at $40.89.
DISCLOSURE: At time of publication, members or partners affiliated with the distribution of this service did not have a position in this stock.
Sincerely,
Dividend Investor Team
______________________________________________________
Customer Service: www.InvestBilling.com
These Dividend Investor informational email notices of trading ideas are intended to provide opinions about and analysis of the mentioned stock(s). They are not intended to provide personalized investment advice. Please do not email us seeking personalized investment advice, which we cannot provide. Online Investment Services, LP. is a publisher. Online Investment Services, LP, including its owned and other related web-sites which feature this service, nor any of the parties aiding in the editing or distribution of the Dividend Investor service is registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission or with any state securities regulatory authority. From time to time, we may write about stocks in which we have a position. In such cases, appropriate disclosure is made. All statements represent our opinions and are provided for informational purposes only, and no mention of a particular security constitutes a recommendation to buy, sell, or hold that or any other security, or that any particular security, portfolio of securities, transaction, investment strategy is suitable for any specific person. You further understand that we will not advise you personally concerning the nature, potential, value or suitability of any particular security, portfolio of securities, transaction, investment strategy or other matter. To the extent any of the information provided may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person. There is a very high degree of risk involved in trading. Losses can be significant. Past results are not indicative of future returns. You bear responsibility for your own investment research and decisions and should seek the advice of a qualified securities professional before making any investment. By accessing this data and accepting emails from us, you agree to be bound by the Terms and Conditions of service, Privacy Policy, Terms of Use and the Disclaimer as such may be amended from time to time.
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