CPG - buy to "average down"? - Page 2
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Thread: CPG - buy to "average down"?

  1. #11
    Senior Member
    Join Date
    Sep 2009
    Location
    Ont.
    Posts
    1,024
    You need to but 300% in to get your avg. down near current price. It's a big commitment.


  2. #12
    Senior Member
    Join Date
    Jan 2011
    Posts
    1,590
    I've crossed it off my "to do" list.
    I've got other trouble brewing over at HCG!

  3. #13
    Senior Member
    Join Date
    Nov 2015
    Posts
    385
    Now at a 52 week low, which I have to admit gives me a bit of an itchy trigger finger LOL.
    But I'm still going to wait it out a bit longer I think.

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  5. #14
    Senior Member My Own Advisor's Avatar
    Join Date
    Sep 2012
    Location
    Ottawa
    Posts
    4,865
    I don't own very many shares but some....and watching. Yield is low but given they've slashed the dividend so much, maybe a good thing if oil ever comes back.
    Hidden Content - Working on a $1 million portfolio and $30k per year from it.

  6. #15
    Senior Member
    Join Date
    Sep 2013
    Posts
    1,960
    We can not know things as they are in themselves, but only as they appear to us.

  7. #16
    Senior Member
    Join Date
    Mar 2013
    Location
    Mississauaga Canada
    Posts
    332
    I once had about 22k in these guys - some bought at close to $38, and some about a year and a half ago on the last dip.
    Was down to about 6k, so I just took about $10K out of an annual bonus that comes most years with my job and dumped it into more CPG.

    Time will tell if this was a good move or not.
    I try to invest the bonus, so we don't get used to spending it and seeing lifestyle spending growth. That is hard to rein in on years the bonus might not come through.


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