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Re: GO_BIG post# 17398

Wednesday, 01/06/2010 6:18:59 AM

Wednesday, January 06, 2010 6:18:59 AM

Post# of 105534
I have had the same concerns regarding American Bulls. So I have been watching two companies on that site and what I have found isn't encouraging. Take for example CBAI, for the past few days they had a SELL-IF recommendation. If you had taken their advice you would probably have sold before yesterday's run. After yesterday's run they took the "sell-if" off and put a hold on it. You would have been sitting there with a sell at .114 and waiting for a pull back to get in again. The same scenario applies to the other company I have been watching on that site. Some days if you had bought when they issued a buy if, you would have watched your money shrink only to find out that the actual buy did not take affect and they now place a hold on the stock. What they seem to do is "arm chair quarterback." You don't actually know if the buy or sell recommendation was put into effect until the next day and if it did go into place then they post that it was activated at the price they posted the previous day and we know just how hard it is to either buy or sell for the lower or highest price on any given day. Be very careful. I only use that site for amusement.
This site however, Investors hub, has been more than helpful. Not only can you get the pros and cons from "street journalists" but I find the "trades" page very informational. Knowing that somedays the sells outnumber the buys and yet the price either stays the same or even rises tells me of hidden strengths within stocks.
But so much for now, Go CBAI. Lets beat that .0175 barrier. SPIN
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