I have 22 consecutive profitable trades of 15% or better. How is this possible? Every day there are hundreds of stocks setting new highs, no matter what happens in the overall market. Many of these stocks are still at very reasonable valuations. Afraid of buying stocks at their highs? Think of it this way: a new high is really a future floor for companies with solid financial underpinnings. Quantitative momentum modeling makes it easy to identify stocks that can continue this upward momentum trend. Why does this happen? It's really very simple..ask me about what investors and cows have in common. I am $$$ MR. MARKET $$$. I AM HUGE!!! Bring me your finest meats and cheeses. You can join in on the fun. Register for free and you'll be able to post messages on this forum and also receive emails when $$$ MR. MARKET $$$ makes his own trades. ($$$MR. MARKET$$$ is a proprietary investor and does not provide individual financial advice. The stocks mentioned on this forum do not represent individual buy or sell recommendations and should not be viewed as such. Individual investors should consider speaking with a professional investment adviser before making any investment decisions.)
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I guess some are saying that. I don't know anything about it...I went strictly off the momentum & hung on & off for dear life. There was no time to set stops & limits, it was moving so fast. Just get in & get out & get in & get out. I gave back alot of course not knowing when to say when, but ended up in the green.
I saw it had a split back in July. Was that a reverse split? I just remember seeing it for $1-$3 for a long time, then one day it's at $15 and now $23. Does anyone know what happened?
Thanks,
Best, Steel It's time to Grab the Bull by the Horns!
Yeah...reverse split a couple of weeks ago, yesterday it went ballistic & this morning it opened up almost $5 above yesterday's close and of course has proceeded to drop. Thank you Scottrade for having no shares available to short.
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