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Sunday, February 02, 2014 4:31:01 AM
Please advise on which months in the last two years you could buy BCCI on a particular day of the month -- say the 31st -- as you suggest here, and sell when it reached 75% higher in the next 60 days. There may have been 1 or 2 (I haven't looked), but that would be less than 10%, hardly conducive with 'never let me down.'
To say never let me down, you would need to show that such a strategy has made money.
I don't care to spend the time to run a spreadsheet, but I would suggest that if you had bought $100 worth of shares at the end of each month over the past two years, and either waited for a 75% pop ANYTIME after that to sell that particular holding, or held on waiting for that pop -- your monthly purchases of shares would be worth somewhere around $40 average at this point.
Or, perhaps there is some other technical 'trigger' (inside information doesn't count) which says buy now and you can sell within the next 60 days for a 75% profit. If so, please share that one so we can empirically test it.
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