RE: coty
The only thing I see with listening to thedave2006 is that sometimes he is somewhat amusing.
We have many different types of investors(traders) on these boards and if he actually thinks what someone says here has ANY bearing on the direction of a stock then my friends you see the problem..
These forums tell you one thing....do your own DD....it is your money....
I see thedave in many many forums and unless he owns the stock then it is a pump and dump so what does that tell you.
Kind of self serving in his own respect. He is no different from any other poster..Just more ignores
I trade stocks ....
I post my DD and really care very little if anyone reads it or not because for me it is my money and I do trade in and out.....
Is that not what we are here for ? Making money....
I agree that in the low 40's it was an attractive buy after falling from the high ....BUT having said that it is just a grab sample and limited core (only one) so talk of a Ten dollar stock are pretty amusing at this point.
I give thedave2006 that much credit because sure it traded but geez even the best stocks are traded...
Fortune 500 companies trade up and trade down.......
Especially in this crazy Government controlled low interest rate market rebound.
The market is so corrupt now and so full of market manipulation ....(just in case you were wondering)that the average person is just a sucker for the Hedge funds and Million dollar traders....
So yes ....you need to make and run nowadays.
I trade almost everything now because what really is a long term hold.....You take SDX...
thedave2006 loves it and talks it up all day long ...Management Mangement (Old CUX guys)....
Sure I own some also
However , if I had traded it .....I would be up a double because they are selling it down...Traders and mm's selling a PP short then playing it up and down.....
Does the company care.....Yeh right ...about their 2 million in Options maybe...That's it...
Point is.................Thanks for caring thedave2006...........But honestly ......who cares?
Ok ! Lets see what tommorrow brings....But be advised.....it goes up and it goes down..FAST!
Play safe.....Make your money set your limit and stick to it......
I took 20% off the table today but keep a small position so we will see...
The one thing thedave2006 does say and he is right ...............VERY FEW become anything...
It takes years and 100's of holes...............
I would take a 20% every month if you threw one at me .......Don't try for the home run..
I see very few....Actually only had 1 in 15 years....VERY RARE!!!