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Greenboat

12/28/18 6:12 PM

#45436 RE: roger wilco #45433

Great post!! It’s going to be Mike Tyson form!! Knockouts all over the place!!!
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bigboard

12/28/18 6:25 PM

#45439 RE: roger wilco #45433

Yep..Most flippers think swing trading is way to make money, but in the process they miss big picture and lose all chasing too many pump and dump plays trying to ride MOMO

DD is not easy, most flippers cant stay in a stock beyond 2-3 days, as soon as any moment drops they sell and move to next PND

The IHUB is infested with flippers who can't do DD or have no time. They just want easy 100-200% fast gains day in day out :), in the end if they make profits in one, they lose in the next buying at the top, then selling for loss if they don't see instant 100% gain in next 2-3 days

It's kind of sad

Without DD there is no future
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BERKSHIRE AGENT

12/28/18 6:32 PM

#45440 RE: roger wilco #45433

Excellent post ROGER!
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bigboard

12/28/18 6:45 PM

#45441 RE: roger wilco #45433

Totally agree on that !. The flippers have infested many quality stocks, swing trading and instant gratification is name of the game. If you don't make 500% in 2 days on a penny stock - stock is useless :)

I personally hate to own a stock that rallies 1000% in a week or even month...hate it from my guts

It just creates unwanted attention and fast money pump and dump
The slow and steady movement over many months is great !

I love the boards that are serious on DD and spend quality time looking, analyzing PR, researching people at the helm, doing their background DD, reading filings, finding out Notes, past debt and possible impact on stock price, talking to IR, asking questions, looking at peers, past history and several things, float, dilution, debt...


Apart from that everyone should learn Level2 - A must have experience in pennyland to spot market manipulation..so that you know what's happening and where the stock is headed, what level of manipulation happens, the RED painters who try 1000 shares trade which cost more commission money than actual amount, just to drive stock down, fake trades, cutting the ask - That's for those who know what the game is !


good luck
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Maximus12

12/28/18 7:39 PM

#45446 RE: roger wilco #45433

Couldn’t agree more , and 1st hand knowledge 18 months ago that’s what I did . Joined a trading group and down 20k , past 7 months out on my own doing reading and DD , made my lose back +++ .