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We're adding to a stock with future promise whose recent slide has stabilized
We're nibbling on shares and averaging down our cost basis.
14 words~1 min read
We're nibbling on shares and averaging down our cost basis.
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The company's earnings report wasn't perfect, but the long-term story is still intact.

We're taking most of the sale proceeds to further build up and lower our average cost basis in another stock.

We're trimming this position to take advantage of the stock's 12% gain to start the new year.

These moves are helping us reposition the portfolio with a more defensive tilt, while preserving our sizable cash position.

There's no indication of a material problem for the business. The stock, however, plays by different rules.

We're peeling off some shares, which were bucking Wednesday's broader market decline.