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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?

To: Ed Pakstas who wrote (14449)	5/26/1999 12:02:00 AM
From: Kevin Hamlin	Read Replies (2) \| Respond to of 62348

I understand your point Ed. My concern was only for those who may have made the same mistake I personally made at different points in the deep dark past! Cheers! Kevin

To: Ed Pakstas who wrote (14449)	5/26/1999 6:16:00 AM
From: Lola	Read Replies (1) \| Respond to of 62348

I agree with you Ed, there's no time to do any kind of proper DD on a momo play. I remember BGP last week...I bought it at 0.05 and solid it at 0.08 all within 10 minutes and I was out seconds before it was halted. When it opened for trading again, it did a nosedive. But we need to remember that if we jump into these kinds of plays regularly, sooner or later we're going to get burned. So far I've not had to take a major loss on any of them, but I'm sure that day will come and I'll ask myself what the heck did I do that for. Another example of jumping into momo without proper DD was APQ for me yesterday. When I saw the volume coming into the stock like crazy, I was sure the price would go up when the sellers dried up...well you know what happened there. Imagine me sitting at my computer stunned thinking WTF is this? But I did do some DD on it the night before and all indicators showed that the stock was ready to explode. Well so much for DD. Lola:)