Buying KRBN @ $47.04
5% position
Last round-trip on KRBN was from $45-51 - so buying somewhere in the middle of that range is a reasonable move. KRBN is down 9%+ today...but is set-up to move up through the winter as (and if) we have a cold spike and see emissions trend up.
I love this as a long-term play and think the timing - both down 9% on the day and with the potential for a cold-snap - as a good time to buy.
As an ETF, I can buy another slug or two per my rules of using 5% trade sizes and 3 trades on ETFs. I broke those rules last time and am kicking myself!
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