Can we have an initial buy at Pat’s add-on?

Hi Nicole, Welcome! You are correct. The initial buy on VIPS was a little while ago on 6/17, I believe; the trigger price was near 19.45. Although Pat and I are not long the stock, some of our members are in the trade. Pat makes every effort to track positions of members and alert when circumstances arise. In this case, VIPS is not breaking into new high ground (making new highs) so we do not consider it an initial entry opportunity. However, if one was long (owned the stock) with a 50% initial position at a lower price this might be a good place to pyramid up (add on) with an additional 30% buy. The final buy would be another 20% buy if the stock continues to "act well." We like to start small and pyramid up as the stock proves itself; this is a fundamental CANSLIM technique. Hope that helps! If you have not had an opportunity to read Bill O'Neil's book, How to Make Money in Stocks, we would certainly recommend it. Here is a good book list: https://missionwinners.com/question/what-books-do-you-recommend/ Have a pleasant evening. Owen