I'm having trouble forking over the extra two bucks a share at this pointI have no idea if XTO will pull back to 55, but my question is, does it matter? Based on your valuation, or your expectations for the stock over the term that you intend to own it, does the expected return justify putting your money here, or can you get better returns elsewhere? The longer your time horizon, the less likely XTO will pull back to some arbitrary amount (because it's most probably headed upward), and the longer your time horizon the less the two-dollar difference matters. In the short term, the market is volatile and unpredictable, and I guess your question would be an important one if your timing or trading. But in the long term, the market is always headed up, and the half of a percentage point difference between $55 and $58 is nominal and probably irrelevant for a longer-term investment.I agree that two bucks is two bucks, and better to save them then spend them, but if you believe in the future of this stock and find its expected returns worthwhile at $58.50, then go for it, and don't sweat the two bucks. Value a stock based on where it's going, not where it's been.Just my 2 cents. (so that makes $2.02, right? :-)-- hotwheels71(no position in XTO)
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