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Friday, October 19, 2007 10:09:07 PM
As for bad buying (not using limit orders, buying in a huge order which drives up the price, only to let the price fall again, unless it's picked up by others,) my broker (investment banker) tells me that is a major factor in such stock behaviors. I'd tend to believe him, as he has 22+ years experience and works with a very reputable company. If DNAG is going to fly, we should be examining our strategies, and helping to educate others, so we can all "hold like pros" and let the support base, volume and price, build up in a relatively smooth manner. If that happens, I anticipate astronomical gains in the next few years. Of course, I could be wrong, and that's why I don't throw all my money (or even a large portion) into one stock.
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