InvestorsHub Logo
icon url

10 bagger

02/25/09 1:44 AM

#85461 RE: mystic krewe #85456

Mystic..

There is no way that any one may time the market is what we all are told everyday.. That is true if you live off someone elses advice.. But if you consider the market a place to buy relative value you must leave Wall Street far behind..

Find an Industry that is either neutral or positive on the charts and rip it apart.. Compair as many stocks within that industry as you can and recognize thier differences thru Rev. Growth,, Profit Margins,, Return on STKholders eguity,, return on assets,, and thier current assets to all assets except Stockholders eguity.. If you set up a spread sheet soon you will find the cream because it will come to the top.. Don't buy Turn arounds,, or merger candidates..

Forget the economy because it will not change which companies are the best and which are the one's you should avoid.. Finally find those companies that fit and rarely trade as they are the ones with true value.. You will be well paid once others find the uncovered gem which is yours..

Don't sell on the first uptic and stay with the stock as long as it does not dissapoint.. It will remain if you have chosen well the best of the group and the best investment of the group.. It is impossible to cross value stocks between industry's as each industry has it's own great companies and they are usually the one's that no one else has found.. These are hard times for most investors but there are daily new high value investments selling for 4PE's or less because they are too small for main and Wall to follow..

Become an expert in one or two industry's at most and you will soon realize that you have the confidence of your own picks to ride out any down tic that parts most investors from the same stock.. The best purchases will be on the day's when theses gems are sold to cover margin calls because the seller still can't believe that BAC or GM are still going down.. Last advice--- never AVERAGE DOWN MORE THAN 20%--- If you are wrong because of price and want to sell,, sell out always using the offer and never hit bids..

If the company dissapoints SELL,, SELL,, and SELL some more..WALK AWAY..

If you sell have a rule in place,, to wait atleast 30 days before you return,, and only because what was a good idea before the market made you wrong and not the Value of the company.. Time and the trend is your friend.. When you make your first purchase and have skin in the game go back and make sure that the seller doesn't have any info that you might of missed on you DD.. Doing so will continue to build your confidence in any purchase.. hank
will and