Re: Chances for good result
in response to
by
posted on
Sep 12, 2008 07:31AM
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Hamselv
One more thing if you haven't already discerned it with this stock is you need to decide if you are getting in as an investor for the long haul (could be up to two years) or as a day trader. Assuming your borrowing question indicates you are thinking of investing as oppossed to day trading remember this is a volitle stock these days that can bounce up (and down). Within the last while it was up around $3.50 and down to $1.96, all this while the fundamentals for this company didn't change an iota, if anything progressively better news kept coming out. These bounces have nothing to do with the stock or its potential promise - everything to do with shorting and day trading for profit. Don't buy this stock and then put a stop loss on it. They will search you out and trigger your stop loss and grab your stock and you will have a loss on a very good stock. If you buy as an investor, be prepared to ride the ups and downs.