03-22-25: I have spent way too much time looking at this stock. I have a small holding that is house’s money and it has been hovering around the price I bought it at originally for a while now. The insider buying is a European hedge fund that can afford the loss more than I can. I may be an active trader but I’m no day trader who could profit from these 3% bounces. Setting a JStock watch at $24 and will consider to keep or stop loss if and when that happens.
12-21-24: I’m going to try out a new CLI rule and only look for drops near the original purchase price for stocks where I’m playing with the house’s money…unless the stats are good and there is insider buying (because every rule needs a breaking point). The stats for ENGN are so-so. I do like their pipeline, though. If drops just a little bit more, I might break the rules. I hate rules, especially my own.
11-08-24: Even though my history of double-dipping on quickly getting to the house’s money from dumpster diving tells me it is a bad idea, I’m considering it again. The chart in the Featured Image of this post shows from when I acquired to today. I sold 65% on 10/4/24 to get horseshoe distance from even. Then it kept climbing and my JStock alerts climbed with it. Today the drop alert went off and rather than selling I’m thinking of letting it drop further and buy again.