Replies to post #3721 on Value Microcaps Motherboard

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Len, I used to pay more attention to what a stock had done...but I found I was often missing the boat. If a $1 stock announces a huge turnaround with quarterly earnings of .10/share and they're confident that the numbers will continue to improve...I don't care if the stock was at .25 last month...I'm jumping on it because I think it could be trading at $2-$3 next month. If it does drop below $1, I'll gladly add more shares.

Now when I'm accumulating a stock, and the news I expect to move the stock is several weeks off...then I will pay more attention to the chart. No need to chase it if there is plenty of time for a pullback. Also depends on how undervalued I think the stock is. If only slightly undervalued, definitely no rush. If I think it's extremely undervalued, I may buy a few just in case it keeps going up...but hoping it drops so I can take a larger position.