Thursday, October 28, 2010 11:30:07 AM
Some things I make sure of when I consider ANY investment, Who is management (current/prior)? What does the company do? (scoop poop/sell t-shirts, whatever) How does the company generate REVENUE (I.E. Cash)?
What litigation is pending? (company, industry, management) What is management "saying"? (Is there more to the story-read between the lines) What is management NOT saying?
You get the drift...
Finally- I set a limit ($500,$5000,$50k)that I am confortable with loosing if this whole "dream" goes SOUTH!
Then I get out of the way, execute my trade(s), and leave ALL emotion at the door!!!!!
In my thorough research, I decide when to get "in", "out", or NOT at all!!!
After spending over 25 years in finance, I have seen both small (HGLC) and big (NCC) corporations come and go....
INFORMATION is Key to any company. "Luck" will only carry people so far!
By the way, wonder the last time many investors read an entire annual report cover to cover and disseminated the entire contents of the information contained, therein?
Would go along way for many to keep their money, and shirts!!!
KyBourbon
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