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Pastimes : Georgia Bard's Corner -- Ignore unavailable to you. Want to Upgrade?


To: Ray Emery who wrote (3442)6/24/1998 9:51:00 AM
From: Ga Bard  Read Replies (1) | Respond to of 9440
 
Ray ... you are exactly right... I have a group of people I do trust and I do not have to check on everything they do. Investors on - line should make groups and research because more than one head helps in finding solid stocks.

I make conferenece calls with individuals so one calls gets the verification. But yes you have to trust someone however that trust has to be earned, logic respected, and general all around knowledge of investing a must. Integrity, honesty, are a must within the group and it will take a while to build a strong group of researchers.

But for the novice or renegades they have a hard time until they do. If a stock falls then the group does not make the leader the bad guy. However you need someone within the group to take the horns and dig deep. Someone has to stay on top of the research that is not a sheep being lead to slaughter. They have to know something about the SEC rules and regulations, business, and all. With out this individual really you have a weak group.

Just have to use common sense. Now I always am in touch on a daily basis just about with all my stocks. Of course believe it or not I consider every naysay also. I verify positives and negatives. If I can't then it does not exist ....

But I have my way and group that share DD ... I try to focus on keeping tabs on the company and let the others do the outside reseach. Just have to do your homework in a group.

GB