Kevin: Everyone has a differant style of trading. I am mostly short term trader meaning days ( 1 to 6 days )
When I daytrade, I usually daytrade stocks shooting up fast and strong, or doing the same coming down. None of our POW's have ever been good daytrades as few have ever moved that much from a Stock Write Up.
Are you saying I must hold stocks for the same legnth of time that you do? Excude me, we all have our ways of trading!!
As for as not needing TA, I will not argue that with you. You can talk to Doug R. about that. I could almost agree with what you said, not 100% though.
You asked about buying a stock before a write up comes out, I have done that before and have admitted to doing it. I am sure my 700 shares really moved a stock! LOL
I have also NOT bought POW's, before or After the write up.
Something you left out is that I have spent hours and hours doing research on a stock before the Write Up is even decided, and a pretty good chunk of time helping to put the write ups togather. Wheather I am in or out of a POW, I have spend hours and hours discussing the stock with others. Spend hours answering emails and post, doing additional research, etc.. even if I am not in the stock.
Our Picks are always ment to be longer term investments and we have not suggested anyone buy a POW before doing their own Research and DD on the stock themself. In fact, we decided on Sunday Posting of Write Ups to give people more Time to read and research the Write ups themselfs.
If you do not agree with us about a stock we have done a Write Up on, don't buy it!!
We do have a pretty good record with our past POW's. RECY , HURC, CADE, RADAF, MVSI to name just a very few have done very well. Some have since pulled back bit, but like any stock, they do not go strieght up non stop forever. All stocks go up , down, sideways, but most of our past POWS do have a trend UP.
I personnaly would like to find stocks that take off going UP sooner then some of our past POW's, NOT Slower!
RECY took about a month to take off after the Write up, then it went up more the 100%. HURC slowly moved up and after about a month or so had almost doubled in price. Once again, this is just two exapmles.
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