posted on
Apr 04, 2012 11:29AM
Solid foundations. New horizons.
Message: Re: BMO...exactly
With spikes in between as they suck in new buyers every now and then buy chumming the waters with "great news",then taking a nose dive once the new suckers are in.
I don`t like having to play that game,but untill 2015/2016 at the earliest,this is going to keep happening.
The other day,with your computer set properly,you could end up owning your shares for free.And if that`s the game i have to play to survive,so be it.
The worst thing that happens if the price ever actually continued to rise on the next chumming(40% seems to be the sucker line),you`re out with a bird in the hand,even if you`ve got 75% of your shares up for sale.
99% of the time you can buy them back cheaper(if you so desire) than they were at the opening bell,shortly after the " great news " spike is over and the stock is in free fall.
4 Recommendations
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