Purchased 98.2849 Shares of Norfolk Southern<\/span><\/strong><\/span><\/h1>\n

This morning at the market opening, I purchased 98.2849 shares of Norfolk Southern<\/span><\/strong><\/a> at $202.49. Altogether, including my transaction fees of $1 per share, I invested $20,000 of the Value Investing Fund. This is assigned to the Railroad Pool part of the fund.<\/span><\/p>\n

What is interesting is that at the moment the market opened, the price dropped instantaneously to $198.71. However, the trigger point for the buy aspect of Norfolk Southern was reset to 90% of the prior peak of $224.99. Thus, my computer order automatically purchased at the instant moment the price hit $202.49.<\/span><\/p>\n

If you have been following along, from the Lessons Learned<\/span><\/strong><\/a> article I posted a few days ago, I agreed to expand the dispersion factor to increase my returns at the risk of not achieving the buy\/sell points. For Norfolk Southern, I expanded the buy point from 8% decrease to 10% decrease. The sell point for Norfolk Southern is 103% of prior peak. Thus, the sell order for Norfolk Southern is now set at $231.74. Time is on my side and if the stock price reaches that point within six months of today, my gain will be $2,678.25. Now, I sit back and wait.<\/span><\/p>\n

Act on Knowledge.<\/span><\/strong><\/p>\n