Wednesday, April 15, 2020

Sharesight - holding VAB.TO in Victoria portfolio

April 15, 2020

Introduction


It is important for me to learn when to buy low and sell high. I like to review my VAB.TO position and see if I should sell it 80% to realize the gains before it drops again.

Case study


Here is Sharesight report related to VAB.TO position.



Buy low and sell high


I should think about selling 90% of VAB.TO in next few days, and then purchase back when the price goes down $1.00/ share.

April 16, 2020 8:25 AM

I placed sell order at price $26.86 800 share. Each month there is $50 dividend for 800 share VAB.TO, but I bet that the price 0.25 swing is $200 dollars. VAB.TO will drop price more than 0.25 in a month or two.

I will get back to purchase VAB.TO at lower price. The commission is $10.00 dollars.



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