GREY:BIXZF - Post by User
Comment by
newcomer21on Jun 06, 2011 4:48pm
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Post# 18677519
RE: So who really came to play
RE: So who really came to playThe hard won lessons learned from my investment experience are:
1. Follow a stock for a while to learn about its products, trading patterns, management, and the sector.
2. Never buy shares as the share price is falling rapidly. You wouldn't want to grab a knife after it falls from the table either. You may get cut.
3. A stock that is worth buying will give you a couple of signals before it breaks out. Watch for these signals
4. Even if you miss a big move up, stocks generally fall back and consolidate before moving to new highs. Buy on weakness when a stock is trending higher. The trend is your friend.
On this basis, BXI is trending lower with big swings and volatility. It will consolidate eventually and the news that will drive it off the lows will be based on facts and not based on hype by management.
Good luck to all.
newcomer21