Nice timing on Canadian Oil Sands

I added to my Canadian Oilsands (COS.TO) position on Monday using a limit order at $18.25.  This was a perfectly priced order; the stock dipped to $18.22 on Monday and hasn’t looked back since then.  It is now at $19.72 (up 8% in a week!).

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2 thoughts on “Nice timing on Canadian Oil Sands

  1. canadianmdinvestor says:

    It’s only good, if it keeps going upward. In a sideways market, “what the lord giveth, the Lord taketh away”.
    I am not religious, but you get the idea…

    • Agreed, and I’ve lost more on this stock than I’ve gained. To combat this I’ve begun trading around a few core positions to take advantage of the current sideways/volatile market.

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