Re: Perfect Storm
in response to
by
posted on
Sep 10, 2012 01:11AM
Edit this title from the Fast Facts Section
This kind of speculation doesn't really make much sense. You will never catch the bottom except with blind luck.
Want proof? The stock was at $1.63 less than 4 months ago (even traded at $1.57), and now you are wondering when you can get in under $2. It might happen. Might even go to zero.
Who among the market timers was waiting on the sidelines until this past May 2012. "Loaded the boat" below $1.70? Up over 50% in just a few months? Or maybe you bought options (preferably short dated) and really made a killing. Can we see a show of hands?