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Post# of 319093
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Re: zeaks post# 225886

Monday, 05/24/2010 7:38:28 PM

Monday, May 24, 2010 7:38:28 PM

Post# of 319093
If you want to share your idea of where your stock is going with your friends and family, I would suggest you do what I do first. I tell them this is a stock and that they could lose ALL of their investment. That is the first or second sentence that I use. Then I try to explain why I think it is a good investment over a period of time. When I am done with that, I also explain that the stock will probably rise and will almost assuredly go down. I stress the negatives and play off the reasoning of why I think it is a good play as not a big deal. Then if they decide to get in, it was their call and not you that "forced" them into it. This way, the stress is off of you. But these are squeeze plays. They work partially because the MM's sell way more than they have which causes the price to go down anyways. If I have any of this wrong, please, someone correct me.

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