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Re: Liljeff post# 9908

Thursday, 12/06/2012 2:07:01 PM

Thursday, December 06, 2012 2:07:01 PM

Post# of 187251
You can't buy or sell based on what people are saying. That's a choice you have to make yourself, otherwise you're going to lose all of the money you're playing with. Just because a bunch of people are pumping a stock doesn't mean it's safe to buy in. People will tell you anything to tempt you into buying a stock so they can exit at the highest price. It's good to keep up with what is being said on the boards, but don't take anyone too seriously if what they're saying has no evidence to back it up. You need to learn how to read charts and pay attention to details such as what's going on with the company, SS, etc. You also have to watch out for dilution. Use google. A lot of times a stock will run when it's quiet like it is here, usually due to news, but sometimes they will make big moves for no apparent reason whatsoever. It sucks to say it, but sometimes the best way to learn how to not lose money is to lose money. GL, hope you learn something and make it out of here safely.