I am in a bit of a responsive mode today, I usually keep try to stay on the point. Regarding BB stocks, BB Ceo's, BB press, BB financials.
People frequently think that if a BB stock does not have a Fortune 50 CEO, things are bad. If the press release does not come out exactly on time and they want you want it things are bad. If the financials are not complete, things are a rip off, etc. Look into Steelcase, big time, blue chip. Goldman did the IPO recently, did DD galore, priced it at about $28 sold it to their friends at $28 it opened at $35 allowed in the moms and pops, Goldmans friends sold at $35 and it promptly tanked. It was overprice relative to what the market was willing to pay for it.
My point is that I trade BB's because I can get the greatest % gain consistantly. I have to accept the shortcomings that go with BB stocks.
If I needed all the trimmings I could go to the NYSE, but then where would I be. |
