Stock trading is like Sportsbetting. When you pick a team on sunday that you think will win, you take a look at the "Facts". They might be undefeated so far on the season, they might have a great record vs the team there playing, they might have the advantage of playing at home, the team there playing against might be winless so far on the season. These are the facts for this team. So, if the facts look good then you place your money on that team to win the game. But heres the problem, just because the "facts" look good, doesn't mean they will actually win the game.... Why is this?
Well my friend, this is because there is this thing called "chance". While the other team might not look good on paper, they still have a "chance" to win the game. Nothing is a given, just like the stock market. The facts can't tell you if the team you like will win or not, only that the team you like has a good "chance" to win. So, based on the information you have, so based on the facts you have, you make an "Educated Guess" that the team you like will win the game.
Thats the same thing every stock trader on earth does. All the "facts" in the world on a stock doesn't tell you where this company will be in 6 months or a year. The facts may point towards a stock going way up in a year, but that doesn't mean it will actually happen. Why? Because stocks don't trade on just facts alone. Stocks trade on rumors, speculation, FEAR, and of course facts. On the same token, stocks are dynamic, just because the facts look great on a company, doesn't mean they wont suddenly run into problems, annouce a R/S or do any number of things that would cause them to do the exact oppsite of what the facts said.
Look at SPNG lol, the "facts" looked great and pointed to a company that was ready to move up to .30 to .60 in the short term. It started to run based on the "facts" from .12ish to .28, then 2 weeks later it was trading at .06 after a bunch of stuff that the "facts" didn't predict was released.
And that is the nature of stock trading buddy. We all do DD, we all try to gather as many "facts" as we can on a company. And then at the end of the day, when it's time to buy a stock, we form an opinion about the company based on the facts and other information we gather. We then make a "prediction", a "forcast" an "EDUCATED GUESS" on what we think the stock will actually do.
To imply that you don't make "educated guesses" based on facts when you trade stocks is to imply that you are "physic" and already know exactly what the stock will do. I know this might offend you Bio Trader, but your not actually "physic", you don't actually know what the stock will do.
So to wrap things up, if you Bio Trader have ever bought a stock thinking it was going to go up at some point in the future, then you Sir made an "Educated Guess". You apparently don't realize that you can and do make Educated Guesses based on facts....
For the record I didn't even read CJs post, I tend to avoid his because they are total BS and mostly frabercated lies at best. I was only responding to your post, to where you said "guessing is BS". I was not implying in anyway, shape or form that he wasn't making random guesses.
I own 12 million shares of this company. I did the same DD you did Biotrader, I have read the same "facts" you have read. And guess what, I made the same "Educated Guess" you did. I formed an opinion on this company based on facts, and made an educated guess based on these facts that it will go up in value. I still strongly belive it will, and by the end of Nov when the 3rd Q results come out I expect it to shoot up nicely. Lets hope that both of our "educated guesses" are correct and we all make some nice coin in a few months.
AI
