"My goal is to invest BEFORE the trend changes, not afterward."
which is the same as looking for a bottom...the problem is, the bottom was called at $20, 18, 16, 14 and the infamous 12 bucks a share where it was decided that the pps would NEVER drop below because that was where the stock market god that is blackrock bought it's shares and they would NEVER let the pps drop below that!...
then the bottom was 10 bucks etc etc...
one can make a good guess at a bottom with a large stable company..and if it pays a dividend, it is low risk...
but a highly volatile stock that went straight up on misc bs news and hope and now we need to call a bottom to buy?....seriously?...smh
far better to wait for an actual reversal...as a whole lot of investors have now discovered...
i can buy at 9 and make 11 times my money if the call for $100 per share comes true...or i could have bought the bottom 9 or 10 times as many others did and now need the pps to hit 12 bucks just to break even...
i think ill just exercise patience and make money trading fcel and the others...plenty of money to be made with swing trading rather than searching for some elusive bottom in a volatile stock...volatility is great for trading however...
"Do your own DD."
with my way, i dont need to do much d/d at all...i dont need to become an expert in the fuel cell tech or politics and i dont have to waste hours reading tons of articles trying to make sense of so much contradicting info...
just use a little patience and common sense and buy when the trend turns up...and dont pay attention to those trying to present themselves as "experts" on where the bottom is...because if one looks back, they will see many false bottoms called with the suggestion that buying right then was the thing to do because the pps surely wouldnt drop any further...lol
