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Re: NavyGirl post# 1133

Wednesday, 04/20/2011 12:31:10 PM

Wednesday, April 20, 2011 12:31:10 PM

Post# of 55251
5 Steps To A Safer Stock Purchase - Brief DD

1 Go to the symbol on IHUB

A Check the float and info on the symbol page. http://ih.advfn.com/p.php?pid=squote&symbol=WAVE

B Check the recent history on the daily sales for a pre-buy run-up. http://ih.advfn.com/p.php?pid=historical&cb=1255873900&symbol=WAVE

C Check the iBox and recent posts. http://investorshub.advfn.com/boards/board.aspx?board_id=8376

2 Go to pink sheets for more information. http://www.pinksheets.com/pink/quote/quote.jsp?symbol=wave

A Check the news for recent articles. http://www.pinksheets.com/pink/quote/quote.jsp?symbol=wave

B Check the company info page and the float there. http://www.pinksheets.com/pink/quote/quote.jsp?symbol=wave

C Check the Sec filings and read the recent ones, Identify what type of filings. http://www.pinksheets.com/pink/quote/quote.jsp?symbol=wave

3 Go to OTCBB news and check the top ten list and any news there for the Symbol. This site usually has a longer news history for most symbols http://www.otcbb.com/

4 Go back to IHUB and do a search of the symbol of public messages to see why this is running and who is motivating the run here on the IHUB. This can save you a bad trade if you know the real news or event driven runs and those that are preloaded runs and then they popped the ask for the high increase. If you have a free membership I highly recommend spending the 12.99 to get a paid membership for the search capabilities. http://investorshub.advfn.com/boards/msgsearch.aspx?searchstr=wave

5 Set a buy and sell strategy based on the information you have gathered to this point and the L2 and Last Sale screens. Make the buy and then do further info searches for more reasons to buy or sell. If you find additional info that motivates another purchase of this and the price has increased do not hesitate to purchase more if you feel this info leads you to believe this will be an extended run. Then set your sale prices at your intended profit margins based on the research you have done and feel comfort in the fact that you have made a sound based decision to purchase this stock. They all will not work out but this will lesson the number of bad trades. This takes away the impulse buys and in time you can have this down to less then two or three minutes. If this is just a quick momo buy stock then the momo has fizzled and you did not get stuck in the trade.