The flip side of this is that the last couple trading days of the year are great for putting in REALLY low ball otc orders. The combination of very low volume and people doing last-minute tax selling or just cleaning out their portfolio losers to start the new year means that often shares will fall to you at ridiculous prices. Some of my mot profitable trades (on a percentage basis) have come out of such lowball buys on 12/30 and 12/31 over the years.
If I could afford to buy all of them, I would not need to buy any of them and I sure wouldn't be spending time on the message boards!
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.