Averaging Down On Valmont (VMI)
By Dr. Paul Price of Market Shadows
Market Shadows picked up another 15 shares of Valmont Industries this afternoon @ $135.61 per share.
We committed another $2034.15 from our cash reserves to make our VMI position a full 5% of portfolio value allocation. That's our maximum initial allotment.
The Virtual Value Portfolio page has been updated to reflect the new purchase.
See full details of all closed-out and open trades here.
Long VMI shares, short VMI puts