InvestorsHub Logo
Followers 79
Posts 21023
Boards Moderated 0
Alias Born 07/07/2006

Re: A deleted message

Saturday, 08/06/2011 10:09:28 PM

Saturday, August 06, 2011 10:09:28 PM

Post# of 276979
well i indicated to a poster that .11 was not a good buy and the next day it dropped to a low of .096 for the day..and i might add that .11 had been the bottom for quite a while up to that point...and most everyone thought he had caught the bottom...

thems the facts...it might not make everyone happy but i was pretty pleased...

well if the market continues to drop, particularly if it drops like a rock, all you need to do is wait for the bottom...when it starts to rise you will be able to pick your winners by throwing darts at the wall street journel...

a couple of rules of thumb apply to these scenarios....generally speaking, the last stocks to drop are the best and strongest...and they will be the first to rebound and be most likely to fully recover if not actually go higher than they were....these would be the stocks that you can truly say are bargains and them dropping is a blessing in disguise...

then there are the lessor stocks but still strong enough..and then the next ones..etc..

these are the situations where those who have a substantial amount of money tied up in stocks like kblb are just killing themselves...
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent KBLB News