On December 1, 2008 I initiated a new stock position in Canadian food products firm, Saputo (SAP). You can read why I like Saputo in my Saputo purchase post. I picked up this first group of shares at $22.20.
This week I added to my Saputo position at $19.91, that is over 10% below my initial price. This brings down my adjusted cost base on the stock. Saputo now makes up about 5% of my non-registered portfolio. 3 out of my last 4 stock purchases have been food related....mmm food..
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