Replies to post #2576 on Simple TA by Wizetradr

[Wizetradr]

Buffit...


Do want to learn how to trade stocks, or are you just trying to suck off my knowledge? I'll give you a freebee, EGMI, I have done alot of serious DD on this stock, And I have lots of shares, so take that for what it is worth. Do your own DD and then come back and tell me what you think.

If youn agree when your DD is done, than post it here, if you disagree, than post it here. I'm not here to give you free advice, if you wanna make money, than do the work that is required.

[Deadb440]

Buffit... Why $1.00 or less? If you have a clearly defined stock set to establish a 10% to a 30% bullish move but is at $4.50, what difference does it make? So you buy fewer shares based on the dollar amount but you'll still make your 10-30% rendering the # of shares irrelevent... Looking strictly at stocks under $1 clouds your vision to much more highly speculative plays, momentum plays, scams perhaps, pump 'n dumps etc... Or why not buy 100 shares of a $50 stock.... Commisions will be the same and your profit margin will be the same with usually much less risk. Sure it may not appear as exciting but the #1 rule of investing is protect your capital at all costs.

Dead