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Sunday, March 28, 2010 5:57:37 PM
Zaney's method, which I now call the Z-method is about all you really can do when trading a non-reporting stock. It's logical, it feels right and most of which I have already completed. It made me alot of money last week. It makes me a little queasy to put money down on such a risky stock, like i've said I just started doing this with the smallest % of my port. But my returns were over 800% last week, mostly from LYJN. So back to the Z-Method that made me that money. This I copied and pasted from Zaneyman's post #6505. Perhaps he'll clean it up for us a bit and universalize it:
"So I go see the actual merch when I get word who's carrying it near me. I look at the displays, talk to the sales clerks, evaluate the apparent quantity of stock, and compare the price point with competition the stores have set out against LYJN's products. The operative question is: Would I choose this product over it's competition if I were a buyer?" ~ZaneyMan
~brownplanet, out.
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