Remote Dynamics Inc (RMTD)

[jersyeguy]

it is really not that difficult to do due diligence ...the best place to start is the s.e.c. website- which is sec.gov since most micro cap investors dont even go to the website it's almost like having legal inside information...visit the company website , check the technical pattern of the stock for at least the last two years , and one thing i usually do is to actually call the company and speak to management...learn how to spot value both on and off the balance sheet,and try to learn the previous history of current management so you can see if they really know how to run a company...also you want to be sure that management actually cares about the price of their stock and has an adequate program of "investor relations "...those are just a few starting points ...there are many more...doing due diligence is sort of like working out before an athletic competition...the more you do it the better you will get to be at it...NEVER EVER BUY A STOCK THAT HAS DONE A DISCOUNT DEATH SPIRAL FUNDING...never fall in love with an investment and dont be afraid to take a loss if you perceive that you were wrong...have confidence in yourself and your intelligence but leave your ego at the door...as much money as i have made as an investor i have pages of worthless stocks on my monthly statements...if you lose money in a stock LEARN FROM YOUR MISTAKE...if you don't learn from a losing investment its like going to college paying tuition and never attending class ..dont get discouraged YOU WILL SUCCEED ..if i can do it and i aint very smart ( not too good looking either ) you can do it also..be very well diversified ...never put ALL YOUR EGGS IN ONE BASKET...diversify not only in individual companies but also in industry groups...never buy or sell your whole position at once ...ease into and out of your stocks..there is no black or white ...only continuing shades of gray ( sophomore philosophy class with professor gearlick ) if you have 1000 shares and you think you should take a profit sell 500 at a time...dont try to pick the top or the bottom...YOU NEVER WILL...if you're out of a position dont look back....THERE IS NO SUCH THING AS A BAD PROFIT..when Bernard Baruch .(google him ) was asked how he became so wealthy he said "all my life I've sold too soon ". concentrate on what you currently own every day is a new day in the market...what you paid for a stock doesn't really matter except when you're filling out your schedule D at tax time...every day you own all of your positions at the current market...if you perceive that a stock is undervalued at current market hold or buy more, if you think a stock is overvalued at current market sell it even if you are taking a loss..
some of these concepts are rather sophisticated but they will become second nature to you as you gain more experience...you will find that the statements that sound simple are really true..PEOPLE BUY ON GREED AND SELL ON FEAR...i heard that when i first started trading ...it took half a life time to realize it's totally true..
hope this helps us tardigrades got to stick together.after all we are practically immortal....all the best