Due Diligence - How to Investigate a Stock Message Board

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Strategies & Market Trends : Due Diligence - How to Investigate a Stock

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To: Don Pueblo who wrote (185)	4/18/1999 3:15:00 PM
From: Nazbuster	Read Replies (1) of 752

If you like a game of "chicken" (pardon the ethnic reference), find stocks with huge downdrafts all day, try to pick the end-of-day bottom between 3-4pm EST, then wait for the short covering to push up the price anywhere from 1/4 to 1 1/2 points. I've done this down to the last 15 seconds of the market. Got caught overnight once, but the stock gapped up the next morning and I got out with a nice gain. It's pretty obvious that everyone is waiting for the next guy to make the first move...

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