AI
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Tuesday, August 25, 2009 10:09:50 AM
When a stock is running & ours has been, you make more money buying @ the ask as well as selling @ the ask. This keeps the run going even with modest gains. Some people want to see .50 in a day, & these people are not investors, they are wishful thinkers, we'll call them traders
When a stock is consolidating it helps to have bid support but for bid support only. The ratio here should be 1/2 your buy on bid with it doubled @ the ask. Your money is worth more as pps rises,not the other way around. I see a little greed & bid whackers showing their faces today as some always want in a good stock like KNDR cheaper & arrive later than they should have. Usually to the detriment of their fellow shareholders for a short time, but in the long run will cost them later as it is not wise to stifle a run but to enhance it. We are here to make money & the only way for that to happen is as pps rises. TIA for reading this lesson & this is not MHO it is trading fact. Seemed some had forgotten this so I just wanted to remind you! GLTA but the bid whackers.
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