SOAL - A traders thread

[Poser]

Hey, I need that stuff in case I ever make 3 new friends that really want to go hunting but dont have all their own gear.

I'm thinking more along the lines of "store of value"

 

[Ucsdryder]

I'm going to bow out of this thread for 2 reasons;

1) Buying stocks with minimum info is a really bad idea. [I post my reasoning on stocks I buy]
2) Most guys are afraid to pull the trigger anyway and its no wonder

I post my ideas and the stocks I buy...and more importantly my thesis/my reasoning on the WHY I think it's a good buy or one to consider which I think is critical.

I get the feeling some guys think the markets are akin to a casino. The more info on these companies the better.

I don't want to call anyone out- but an example on the other thread is a penny stock someone mentioned as a good buy. It's in a potentially promising sector but It loses money every quarter, heck for its existence with no end in sight. I don't think the tech has that much promise and the history of these kinds of bets is a 1 in 20 chance of them panning out.

I'm not going to be part of a Roll the dice with penny stocks and have someone lose money because of my speculation.

EDIT- I don't want to sound like a dick, Do what you want with your $$$. I do know some that have profited greatly on these penny stocks...but they either got a very good tip, read-inside info- or they did a lot of homework and even then most of them are a bad bet.

I’m curious why you think this investment strategy won’t work in the SOAL thread? Why does it have to be black or red 50/50? Who recommended rolling the dice on a penny stock?

I think anybody that recommends a stock should back it with the WHY.

 

[Wheels]

Is Bernie Madoff posing as Ucsdryder?

 

[dirtytough]

My thoughts are, a 50% gain in a year’s time is good. But $500 won’t change my life at all. I don’t think it’s worth the time if not shooting for the moon.

 

[wind gypsy]

I dont understand the proposal here?