I agree its wiser to buy a stock when its down, its just not down to its bottom yet. I will wait, I'm patient like that. I feel the summer will pass with no news at all, plenty of time to buy at a lot less that the current PPS, why overpay as many have been doing over the past few months.
Suit yourself and wait for News to buy, Wiser to buy a stock when its down instead of Timing the Rally on News :) We are about to break out of this trading channel shortly, and it might not look back after that!
Quote:If good news were to come out I would feel better buying on the way up than overpaying in the penny range
How could you overpay at this Incredible Super Cheap PPS Range, think again.
"The stock market is simply the transfer of wealth from the impatient to the patient."