Something very fishy about your posts!
I'm a fan of Craig's as well and have followed him since I did battle with him last year on this thread.
Craig has been wrong. Do not trade based solely on his diatribes. Craig touted Lightpath Technologies even when it was above 10. Go check their charts(tell of the tape!). Craig was going long in Ascend around 40, and gaurenteed that this stock would go up, it did, and then quickly nose dived. When everyone on that thread called him on that, he commented that it was their faults for not taking advantage of the $2 profit. Craig is a day trader, sitting on data from the exchanges and will/does change direction at the drop of a hat. I admire that about him, he holds no sentiment about a stock. He'll be long 1 minute then short it the next. I learned from him, it's a good lesson for even long term traders, don't fall in love with a company/stock. But there IS one exception, no matter what, for whatever reason (I don't know the full story) Craig hates Osicom. He's stated emphatically that he will never buy this stock. (All though I'm tempted to believe that he may have tried to bump the stock above $5 yesterday just so he may short it more!). Craig might be right, this stock may not stop until $0, but I believe it is the one stock he is trading on emotion.
Be careful, do you own homework.
Jim |
