Simple TA by Wizetradr

[Deadb440]

Buffit... Why $1.00 or less? If you have a clearly defined stock set to establish a 10% to a 30% bullish move but is at $4.50, what difference does it make? So you buy fewer shares based on the dollar amount but you'll still make your 10-30% rendering the # of shares irrelevent... Looking strictly at stocks under $1 clouds your vision to much more highly speculative plays, momentum plays, scams perhaps, pump 'n dumps etc... Or why not buy 100 shares of a $50 stock.... Commisions will be the same and your profit margin will be the same with usually much less risk. Sure it may not appear as exciting but the #1 rule of investing is protect your capital at all costs.

Dead