Strictly Buy and Sell Set Ups Message Board

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Strategies & Market Trends : Strictly Buy and Sell Set Ups

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To: Sober who wrote (10535)	11/16/2006 11:41:14 AM
From: chowder	Read Replies (2) of 13449

I suppose it's a matter of investing philosophy. From my point of view, you have a low priced stock that trades just 14K shares per day and has been in a steady downtrend over the last 2 years. This is not a low risk, high probability play. Maybe it works out, but for now, it's a high risk, low probability play. From a philosophical perspective, I would prefer to buy after it showed some price momentum and buy a larger position once the risk to reward ratio showed a more favorable situation. Again, it's just my point of view and I could be wrong. I'm not knocking the play, just responding to your request for the view of others. Best regards, dabum

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