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Microcap & Penny Stocks : International Nursing Services Inc, old (NURS) new (MDIX)
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To: maria who wrote (873)5/3/1998 10:20:00 PM
From: P.E. Allen  Read Replies (2) of 2911
 
That was the purpose of my post, to get people to see that analysis paralysis on financial data and all the other hoopla is a lot of over kill.

I own a lot of MDIX, but so many people feel that you have to have a stock under a magnifying glass before you can make a decision to buy it.

Volume, let me repeat that volume is the best indicator as to where a stock is headed. If you see a stock moving up or down, depending on whether you are long or short, is the most rational reasons to jump in and trade.

If we waited around for all the I's to be dotted and T's to be crossed, we will be paying $10.00 a share for this stock.

The analysis that was posted is a clear picture of what the people on this board are not paying attention to. The end results is sentiment like you stated.

The "gut" feel for a stock, the volume movement (smoke before fire).

Thanks for your thoughts and validation.

Eighty-Five percent of what is posted is in fact just that the sentiment of the investor, shareholders, people waiting to buy, etc.

The other fifteen percent may be the news or something or someone who is perceived as a reliable source or a high paid analyst has stated.

Most of you are here because, you probably have had your fill of stocks reco's from brokers that have not performed.
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