Published: 2015-07-01 12:52:00 EDT by
For the entire month of June I only had one purchase. I added to my CNK position with a BTO under $40. This trade executed on June 29th of 2015.
I chose to purchase CNK because $40 is a recent support level. It is already one of my existing positions. This stocks dividend payout is in line with my long term income strategy. And summer being a movie going season should see a value increase meaning $40 is closer to the lows.
That's my opinion. What's yours? Disclaimer: See bottom of page.
BTO - Bought/Buy To Open
CNK - Cinemark Holdings Inc