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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Joe Copia who wrote (118)3/11/1998 10:21:00 PM
From: Mike Sawyer  Respond to of 25711
 
Hi Joe...and all! I've got a few stocks that I'm looking at for a possible rebound. Not looking for anything with these but a daytrade. I have not had time to check into them other than seeing a huge drop of over 50%. I like to watch for these types of stocks because they are often good for a 25%+ retrace before taking the "deep seven". Here they are...

USWI dropped like a rock from 2 to 1
CGIC spread is big but it's worth checking into
EOSC is down in the dumps...pump & dump
LAMTU could be showing sign of a chart reversal
EVTN big spread on this one

Also, here's a link to a good article worth reading.

stockdetective.com



To: Joe Copia who wrote (118)3/11/1998 10:25:00 PM
From: TraderGreg  Read Replies (2) | Respond to of 25711
 
the best thing to do is talk to the company and/or IR. Joe, to the best of your knowledge, have you ever heard of anyone successfully suing AND RECOVERING DAMAGES FROM A BB company for false predictions/promises?

For example, I'm dedicated so I do my DD and call Joe Blow, IR Chief of Flim Flam Associates. Their stock is trading at aound a dime and they tell me they're going to do $1 in earnings that year.

The year goes by and they lose 40 cents a share. Realistically, what case do shareholders really have against a Bulletin Board company?

TG



To: Joe Copia who wrote (118)3/12/1998 8:08:00 PM
From: Adelantado  Read Replies (1) | Respond to of 25711
 
Thanks for the def.: DD. It seems to me that some investors consider listening to their brokers as being DD while more insecure investors will spend an entire life-time researching before they plug down a dime.

What is DD to me may be very risky to you and vice-versa.

Joe.



To: Joe Copia who wrote (118)3/7/2002 4:48:21 PM
From: Joe Copia  Respond to of 25711
 
To:Adelantado who wrote (117)
From: Joe Copia Wednesday, Mar 11, 1998 8:09 PM
View Replies (3) | Respond to of 24247

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 !!!