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Replies to #32427 on lowtrade
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lowtrade

07/14/12 11:01 PM

#32430 RE: Traderbytrade #32427

I have to comment about the use of the term fundamentals. Your talking about OTC fundamentals and most don't actually have any fundamentals. Which is nothing more then news releases, message board research and hype on the OTC & pinks.

Fundamental analysis is just as important to successful investing as technical analysis is to swing trading on national exchange stocks. I use fundamental analysis everytime I open a positon trade or longer hold, on the big boards. It is NOT mostly wrong there, because there are real financials and fundamental data to analyze. On the OTC it's unaudited disclosures at best and bull chit PRs at worst, which uneducated pennylander banter about as DD or fundamentals.

Fundamental data can be found at finviz.com on any big board stock you want. You won't find many penny stocks there unless they file audited returns with the SEC.

Here is a page for Ross stores Under the chart you will find fundamental data in the gray area.
http://www.finviz.com/quote.ashx?t=rost

Don't get me wrong. Not criticizing as much as trying to get the terms used correctly. One of my pet pev's with pennyland is players use big board terms when they don't fit or work on OTC stocks. The OTC and national exchanges are two completely different playing fields. You shouldn't try to evaluate the stock there the same.

Fundamentals involve things like EPS (earnings per share) data or gross margins or price to book value. Not how large a PATENT is PR'd to be or cash and shares used for a reverse merger takeover. That is NOT fundamental data. It"s story line.