DD is the key. Unfortunately, most investors fall victim to the companies with the most hype. I agree you can make a killing, but truthfully, you have to know the market and you have to be a pretty savy trader.
Or you could invest in the NYSE, and/or NASDAQ and get burned in one of the many illegal actions that those stocks do. Gee two come to mind immediately. OXHP: Oxford Health, MFN: Mercury Finance now MFNF, wonder why they jumped to the Nasdaq? How easy it is to file a faulty 10-Q. So you do you DD, and still get burned. EACH of those two stocks counts for 3 times the total VSE net worth.
Hutch
So you like gold, and think it's going higher. But can you handle your gold stocks equity going lower? This is more then likely a TOP for gold. But how would you know. Most here have NOT done DD on any of the gold stocks. I've seen so many people wondering what the Hedge position of whatever they own. If that doesn't clue this thread into that fact that most are spec players, I don't know what would. The lack of understanding here is humourous, if not costly? The constant mud slinging at ABX is a prime example. And many here critize the internets. Time for you guys to look at your PE's, and ask where are next years earning REALLY coming from? And many of those that do know, such as Exsrch, have been chased off.
I sleep perfectly well at night. |
