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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: MakeMoney who wrote (3391)2/25/1999 1:46:00 AM
From: Dave Gore  Respond to of 52051
 
Well, I know, but it always sounds like a bit of hype when someone says that, so I am trying to be a bit more conservative these days. Most stocks tend to move on their own merit eventually despite what anyone says. As long as people just keep these on their watch list and do some DD, they will figure it out for themselves and buy or at least hold.

The problem is lately that a lot of people are getting more and more sloppy about doing DD. They sell good stocks and crap stocks almost automatically if they don't move by some point. It's called impatience.

Some that I saw that sold SYCD today LOST THOUSANDS IN POTENTIAL PROFIT because they didn't spend 50 cents for a 5 minute phone call that would have convinced them not to sell.

too bad, but a good lesson.
DAVE