LCI - Anyone adding more?

[seabric1]

Hi All... I bought in LCI at around 70 and I'm thinking about adding more today. Good trend since early May, 4 weeks of positive volume and tight price changes. Was just wondering if anyone else who bought in at around $70 is thinking of adding more.

Silly thought: does the chart seem to have a really big, exaggerated ascending base pattern? Seems to fit some of the criteria... bit of a reach, i know.... but the chart looks pretty wild to me regardless.

Peace.

[jiesen]

Yes, I was thinking about it too. I bought some ABG right before LCI, and that's up 8-9% now. A few more % up on that one, and I'd sell it to put more in LCI or NTES (depending how I feel about tomorrow's prices for those 2).

[jiesen]

and here's what I think about the chart for LCI... if 70 was a deal, 60 is a steal!

[jiesen]

and so I sold my ABG today for a 10% gain, to buy more LCI at 61.

[larythebird0]

Ntes seems a little extended - But I made intial purchase of LCI at 61 today on your idea - thanks.
Also up 13% on Qlys as i was fashionably late purchasing the MM pick
Also picked up tasr - a MM finalist

take a look at mxwl

[seabric1]

Cool. Yeah, i purchased more in at 61 too... so half of my total position was bought at 71 and the other half is at 61. Not too keen on "doubling down" but the chart looks good. I have a feeling i'll be able to sell the shares i bought at 61 for a 10 - 15% gain no problem... but I'll probably have to hold onto the shares i bought at 71 for some time to get a reasonable gain. Hopefully of course.

[Louetta]

Bought some LCI here. Earnings tomorrow. Financials look good, price looks good, Fortune article out saying this is the fastest growing company in the US.

[mrmarket]

Bought some LCI here. Earnings tomorrow. Financials look good, price looks good, Fortune article out saying this is the fastest growing company in the US.

good luck, brave one.

[Lucavia123]

Nice report. Any fall is a great buying opportunity.

[Louetta]

Bought some LCI here. Earnings tomorrow. Financials look good, price looks good, Fortune article out saying this is the fastest growing company in the US.

The above from 8/24. I'm gonna sell this here on a bulls make money pigs get slaughtered kind of logic. Still think it's a good stock but have general fears about the market here. Who knows what will happen if the Fed moves this month.

[mrmarket]

I don't think a Fed move of 0.25% is going to shake anything. Most of the cowards have already lightened their hands. The change in rates certainly won't change earnings anywhere domestically.

[Louetta]

Cramer: "It's time to buy." LCI, that is. During the lightning round.

[seabric1]

This stock is killing me... Looks like i'll be holding this guy for a LONG time. this selloff is unreal. Thoughts anyone? Is this just general market panic?

[Louetta]

This stock is killing me... Looks like i'll be holding this guy for a LONG time. this selloff is unreal. Thoughts anyone? Is this just general market panic?

Hmm. If I were going to buy something this is one of the things I would buy. Nice revenue trend, a business which should be recession resitant, PE of 12-13. They have taken on debt with the buying of whatever it is they bought but that horse is out of the barn. Maybe Ms. Yellen's remarks Friday will help the markets because it removes, in good part, confusion about what the Fed will do. Buffett always says buy good stocks and wait, don't look at the market or the economy. Easy to say if it's someone else who is losing money.

[seabric1]

Thanks Louetta... oh I'll be waiting. In the meantime, I'm going to pick up some new hobbies that will not involve a PC or the internet or anything with the word "market" in it.

See you all in a few months : )