***WLGS .22 to $4 in 6 weeks! WHY DAYTRADING CAN BE DANGEROUS TO YOUR POCKETBOOK.
*** WLGS is great example of why you do NOT daytrade, at least all the time. By buying and holding when I did a GORE REPORT on it a few week ago, you could have bought it at 22 cents.
It hit $4.00 today.
It is a perfect example of an undervalued company that finally took off. It's why the word "PATIENCE" is a good one with select stocks.
I hope PEOPLE WITH LONGER TERM HORIZONS (or even Daytraders who occasionally buy stocks for the longer term) look at some good stocks like SYCD, TLWN, SETO, RDIM, etc.
Why?
Because like WLGS, these are companies that are either profitable or have incredible promise and are worthy of "CORE" holdings.
And many of them are way way undervalued, not just because their stock price is cheap, but because they have a LOW MARKET CAP.
(i.e. #shares outstanding x stock price)
TLWN, SYCD, and SETO are certainly in this category big time
*****
Other stocks like TSIG may also be in that category (could explode soon), ditto on IHTL and RDIM, and no question about WINR and MRPS being safe, steady winners from here.
There are others I am missing like TLTG and WWAT and even KYOM longer term, too. The point is that Daytrading, especially when combined with sloppy DD and a short time horizon can be dangerous to your pocketbook.
PS-- remember my GORE REPORT on IHTL....could be a great pick in the next few weeks or even days
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