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Re: Asyp post# 139754

Thursday, 08/10/2017 10:03:59 AM

Thursday, August 10, 2017 10:03:59 AM

Post# of 211609
Asyp, it isn't that difficult to figure out.

There are hundreds of millions of shares that will be dumped into the float.

Sales went down quarter to quarter.

PERIOD.

If the upcoming Q shows strong sales growth traders will come flooding back in.

If sales are flat again this will tank hard.

Anyone buying in before the Q is gambling.

That's not very smart.

Why do 99% of day traders lose money?

They trade on a fundamental misconception about the nature of stock prices, namely that they are somehow persistent and predictable.

In other words, they pattern trade until they lose money. 99%.