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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Winkman777 who wrote (42917)4/21/1999 9:46:00 PM
From: Jacob Snyder  Respond to of 95453
 
DD=

due diligence=

Trust noone, assume nothing, check everything.
Then, tomorrow, check it again, because it may have changed.



To: Winkman777 who wrote (42917)4/22/1999 12:42:00 AM
From: articwarrior  Read Replies (1) | Respond to of 95453
 
DD...Due Diligence....Analyze, probe, look at, sniff, taste and feel a stock to see if it is all it is made out to be. Look at historical charting of stock; call investor relations department or speak with pres/V. pres and ask questions. After that look at SEC reports, and if online prospectus exists examine the bios of all board members. They have to disclose any past criminal record.. Then go to moodys and look up stock for debt analysis you will find them almost easy to read and in plain terms they explain debt risk of the company. When this is said and done then comes the real hard work. Then go to the following sites and get research reports by analysts but careful analysts tend to pump what the firm wants to dump.

hoovers.multexinvestor.com
smithbarneyresearch.com
biz.yahoo.com
biz.yahoo.com

Get several reports and compare them.
Then if you are of the Technical nature analyze TA patterns for your prospective stock if not a techie go to:
wallstreetcity.com
This site will give you a good idea how you stock matches the industry and if you work the buttons it will give little up/down signs for good and bad patterns.

That should be a start...

You will learn a lot about each viable business you intend to buy into. I like to feel that I get to know a oil company before I jump in the cash bed with them...you should too!

Good Trading

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