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Thursday, October 07, 2010 12:27:39 AM
I disagree
Not surprising. This is why the market moves. If everyone thought the same...we'd be stagnant....forever...lol...
You are talking Fundamentals based on your disagreement...I was/am talking Technical Analysis based on the current monthly (short term) chart I posted. Specifically pointing out July-Oct. The Chart you posted may show we are ready for volume, but without Winning Brands assistance, that chart may/will be wrong.
if one waits for the volume (which is safer, but less reward) they will end up buying in 4s and if wait even safer for it to clear .0045 then that will attract a different 'trader' but have less reward as well
Exactly, that's where I was getting at. It is safer to buy up the mid 4's when we have confirmation we have broken the current trend. Why buy into the "down trend", when using TA based on the chart, shows it's still going lower? Even if you are choosing to go "Long"...There are better buy opportunities for Trader's and a Longer termer.
An investor doesn't worry too much about 'perfect' entry or 'timing', they assess the risk/reward over a longer term period of many months, if not year(s).
What I get from this, but I'm sure you don't really mean, is that any "Long" buys shares at pretty much "market" price and/or what ever the current PPS is at anytime of the day.
a trader want's NA's, Great/highly improved Financials, or other MAJOR news.
With this quote, I was being specific to WNBD...sorry for the misinterpretation. With the amount of PR's we've had here since mid last year, you cannot deny that can you? Have a good night, off to bed to get ready for Ultimate Frisbee tomorrow...lol...Wish me Luck so I can have a All-star game!
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