craig: ABSOLUTELY NOTHING! That's my point. If I knew, then I would be short! I have been in the position too many times when some announcement, totally unexpected, comes out of the blue, and the stock gets hit, and with so much pre-market trading, its impossible to get out. Look at CD, MCK, WMI, and the list rolls on. Do I think VERT is in that category! NO, NO, NO. This is a GREAT company, poised to move SUBSTANTIALLY higher, but my bet is that I can make virtually all of the move as a day trader, with less overnight risk. Look at KIDE yesterday for example. Too much nervous $$ out there ready to pull the trigger on a moments notice. Short termers sell at the drop of a dime...that's why I own NITE!! Look at the spreads on some of these stocks...legal thievery is all I can say!
That's just MY method...doesn't work for everyone, nor should it. Not everyone watches every tick of 50 or more stocks. But I do, so I can afford to minimize my risk. If I lose the big move on the open, oh well, there is always another stock out there ready to move. Good luck, and may we all get rich!! |
