Portfolio of the Week
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Sorry Spike, but picking stocks under $10 or $15 doesn't cut it for me.....I doubt you could really trade this stock and make the gain reported......Now, my AAPL short was good for 6.65% but more importantantly, it was good for 4+ points and is highly liquid....
And, after nailing aapl long, mentioned aapl short as the play.....making money coming and going.
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Nothing personal against Spike or anyone else using those low prices stocks in the POTW but I agree with your take on it 110%.Originally posted by Jim SmithSorry Spike, but picking stocks under $10 or $15 doesn't cut it for me.....I doubt you could really trade this stock and make the gain reported......Now, my AAPL short was good for 6.65% but more importantantly, it was good for 4+ points and is highly liquid....
And, after nailing aapl long, mentioned aapl short as the play.....making money coming and going.THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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thanks dude
good luck to everyone this week...hopefully my pick does better than NNI the last time i tried lolOriginally posted by LyehopperGood one Ninner! I like that stock. I think IIC was hot on it a few weeks back.
btw.... Welcome back to the POTW dude!
cheers
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Low-priced Stocks
Lyehopper has told me, since I have temporarily assumed scorekeeping duties, to modify the rules any way I want to. However, I have chosen not to make any changes since I am not the scorekeeper. If I were going to make any changes, it would probably be to disallow any stock selling for less than five bucks or so. On the other hand, that volatility works both ways, does it not? A person can lose 25 or 30% on one of those just a quickly as he can make it, right? For that reason I don't see a compelling reason to make that change.
Let's all make a profit this week!—Rob
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Put me down to start in cash Rob.
Yeah Lye...I like CWTR off and on.
Also, I'd like to see a price limit of $5.00. Or 2 contests...One 5+ and one <5...But then somebody would have to keep score and it won't be me.
I never had a whole lot of luck with stocks under 5...Especially when I paid over 10 for them...Guess I should come up w/ some new material...But there are plenty of new memebrs around who probably never heard me say that...Best...Doug(IIC)"Trade What Is Happening...Not What You Think Is Gonna Happen"
Find Tomorrow's Winners At SharpTraders.com
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Real men buy stocks under $5. I recommend stocks over $10 for sissy'sOriginally posted by IICI never had a whole lot of luck with stocks under 5...Especially when I paid over 10 for them...Guess I should come up w/ some new material...But there are plenty of new memebrs around who probably never heard me say that...Best...Doug(IIC)
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Yeah Right Webs...That's why they call them PINKSHEETS and BLUE CHIPS...Now which ones do you think are for sissy's???Originally posted by WebsmanReal men buy stocks under $5. I recommend stocks over $10 for sissy's"Trade What Is Happening...Not What You Think Is Gonna Happen"
Find Tomorrow's Winners At SharpTraders.com
Follow Me On Twitter
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