Teresa
To be quite honest with you , I usually don't even know the name of these companies that I trade. I had to look up AEO's symbol , to find out the company's name and how many shares are out. By the number of shares out , I would guess that it's been around for a while , it's name is Aurado Exploration , and it looks like it's trying to go high tech. I try not to know anything about the companies that I trade , or the news that comes out about them. I figure it doesn't matter what I think about the company anyways , or I would make the wrong assumption about the news. So it's better to just trade by the technicals, and leave the analysis up to the so called experts. Which basically means , tag along if the promoters decide it's time to push the stock up. I only mentioned AEO as a classic example , of the forces that are at work on a daily basis , on all stocks that are traded on any exchange. I'm of the belief , that no stock moves unless it is permitted. I'm just about out of it now ,except for the free shares that I'll keep , on the off chance , that it is heavily promoted in the future. The funny thing about the markets , is that a lot of the people behind the American stocks now , actually cut their teeth up here in Canada , when they started it out.
Best Regards
Duane Crooks |
