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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts
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To: Adelantado who wrote (117)3/11/1998 8:09:00 PM
From: Joe Copia  Read Replies (3) of 25711
 
DD is shorthand for Due Diligence ( research ) on a stock. Do all that you can. Many investors come to SI and buy whatever some people say.

I have done that and won and lost. Only when I, myself, like the stock, after DD, do I buy it. Sometimes the "DD" continues while I hold it and have to sell it win or lose.

There are other times I buy with NO DD as I am familiar with the person recommending the stock. This happens all the time from the brokerage houses raising their "rating" from let's say a buy to a Strong buy to internet hype.

The net is a great place to do "DD" but sometimes the best thing to do is talk to the company and/or IR. ALWAYS analyze what is told to you. and then "pull the trigger"

Joe PTG&LI !!!

hope that helped
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