EVERYTHING YOU EVER WANTED TO KNOW ABOUT STOCK TRADING........
I call this a fundamental primer to understanding stock trading. It is brilliant, succinct, practical and applicable.
I have to agree with you. The Cramer post is both honest and pretty darned factual. I have also noticed the redundant issues and see how it fits trading in general. I like it and appreciate the way he wrote about the issues.
Quote:
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There are two types of people investing in pinksheets: spiders and flies.
The spiders are the flippers. The MMs. The pumper/dumpers. Buy at the bottom, make 10%, dump.
The flies are the dreamers thinking pinksheet stocks are going to pay off the mortgage. They pump too, but only to make back all the money they've lost, but since they don't dump, they're in an endless loop. Flies help the spiders catch more flies. Flies believe in golden crosses and MAs.
Every board I go to, the CEO is a crook or incompetent. The company is either issuing more shares or supposedly buying back shares from 'naked shorts.' And for some bizarre reason, the flies think they can call the CEO, ask what's going on, and get a straight answer. Funny when you think about it.
This info is not to be construed as a solicitation to buy/sell securities. Hdogtx reserves the right to either BUY/SELL shares in a company's stock he mentions.
This info is not to be construed as a solicitation to buy/sell securities. Hdogtx reserves the right to either BUY/SELL shares in a company's stock he mentions.
