Comments for Stock Pickins

Comment on Why do cost-averaging when you can just buy additional stocks when it’s undervalued? by Warren534_FuturesTrader

Warren534_FuturesTrader — Sat, 03 Apr 2010 23:38:59 +0000

No, this does not make sense. You want to buy a stock if it's headed higher, not if it's headed lower. Undervalued or overvalued are highly subjective. For every transaction, there is a buyer and a seller. You buy because you think it's undervalued, but the seller thinks it's overvalued. Who's right?
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Comment on Picking Stocks for 2009. January 16, 2009 by villageidiot

villageidiot — Sat, 03 Apr 2010 11:25:59 +0000

you bet ye, and I am ready for it.
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Comment on How to Day Trade Penny Stocks by Andy R

Andy R — Sat, 03 Apr 2010 11:25:59 +0000

You can trade most small caps and companies traded on AIM on IG (see link) – I believe they quote companies up to 10 million market cap. Other providers will not usually list smaller caps. As others mentioned a problem with penny stocks is that they are illiquid – you can’t rely that technical analysis will work on them as there will likely to be gaps in price charts for days (i.e. no trading takes place).
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http://www.financial-spread-betting.com/IG-Index.html

Comment on Day Trading System > Stock Market Trading Software – When to Buy and Sell Stocks ? by Dr Jim

Dr Jim — Sat, 03 Apr 2010 11:24:59 +0000

I know the perfect site for you that trades within the timeframes you are looking for: It is the FREE Trend/Thrust model openly described on decisionpoint.com:
http://www.decisionpoint.com/TAcourse/TTModel.html

The well-regarded Carl Swenlin who developed this site and method, has free e-newsletters that he publishes here every two weeks hinting of intermediate bottoms and tops:
http://www.decisionpoint.com/ChartSpotliteFiles/ChartSpotMenu.html

If you want to keep in contact with me, my model is similar but more long-term based on Friday end-of-week charts. My model is managed timing within a diversifed Profunds portfolio (China, Latin America, Nikkei, US, plus sectors) I am on Investors Hub: http://investorshub.advfn.com/boards/favorites.asp

My userid is "CaribbeanJim" if you want to follow my posts. There are many excellent posters there. mvpsignalsystem is one of them.
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Comment on How to Find Good Penny Stock Picks by dealerschool2006

dealerschool2006 — Sat, 03 Apr 2010 11:23:59 +0000

I disagree with Brian H. Most of those picks are doing just fine!!!!

Go to http://www.investorshub.com/ which has a message board for many penny stock picks.

BTW…

http://pennypimps.com/

IS AN AWESOME SITE!!!!. Where else can you go to submit good penny picks. The concept of being a Penny Pimp is really unique and witty!!!!!
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Comment on Picking Stocks for 2009. January 16, 2009 by Conoco

Conoco — Sat, 03 Apr 2010 11:23:59 +0000

No, I did not agree with one word of that. If that is your analyses of what to expect then I could have saved you the trouble of writing that.
The credit crunch is biting and there may be more pain, but wrong about everything else. Excuse me for not answering every point, I don’t want you to feel bored reading it.
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Comment on How to Day Trade Penny Stocks by raysor

raysor — Sat, 03 Apr 2010 11:23:59 +0000

You can do, but it is not usually the best way. The market spreads on penny stocks is usually wide and you need to trade inside the spread to stand a chance. With SB the spread is even wider and there is NO chance of dealing inside. You can trade index options, futures but not stock options (SB on a stock is a bit like an option really)
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Comment on Day Trading System > Stock Market Trading Software – When to Buy and Sell Stocks ? by ta 3

ta 3 — Sat, 03 Apr 2010 11:22:59 +0000

http://www.vectorvest.com is a really good site. You just type in a company quote and they send you a report with complete analysis of the company
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Comment on How to Find Good Penny Stock Picks by Brian H

Brian H — Sat, 03 Apr 2010 11:21:59 +0000

All those picks failed. if anyone would have bought what was listed they would have all lost money
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Comment on Picking Stocks for 2009. January 16, 2009 by kenoismygame

kenoismygame — Sat, 03 Apr 2010 11:21:59 +0000

Huh? I forgot what the question was.

Seriously, though, we have experienced at least 5 years of inflation. We may continue to see some more for another year or two at the most. But that won’t make much a a difference for the USA as the credit ratings of the majority of middle income earners is pretty will shot for the next 5 to 7 years. That means less consumer spending which will lead to layoffs and closures of businesses.

In other words, I wouldn’t worry about inflation. Worry about the inevitable depression.
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