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Replies to #279 on One Play A Day

learner1156

10/19/09 8:58 AM

#281 RE: Fusion1 #279

This is the best idea IMO so far, your willingness to tweak the process increases the chances of success. Whether we like a stock or not, I agree we should participate - of course, my reply would have been a lot different had you decided to include high O/S stuff LOL.

Stockbus122112

10/19/09 9:07 AM

#283 RE: Fusion1 #279

Makes no sense giving out the info the night before.
It is human nature to be greedy and knowing one of three stocks may get an alert and a group is coming into buy it up will surely have people buying long before 1PM the next day.

If everyone is on the right page they should already be prepared to buy at the time of the releases. There should be no problem waiting for the pick to circulate for the rest of the market. They will be the ones getting volume and price alerts to carry the load when it's higher. it won't take long to circulate IMO and there is 3 hours left in the market after the release which would be better timing to have a strong close and a gap up THE FOLLOWING DAY, not the morning of.

Not sure what the point is giving 50 or more people info the night before.
if everyone is like me.... they will buy a million shares of all three as soon as they can.
50 x 1 million is 50 million before an alert even goes out.
There will be nobody left buying LOL.

Release one pick at 1PM and let traders and market do the rest. This is more about reacting. Not thinking.
Hopefully whoever makes the picks has already found it to fit the criteria already discussed.