Posted On: 11/23/2012 2:02:44 PM
Post# of 98272
Hey guys, check out Big Board Prime. Newest board to post about BB stocks. Right now, lots of good lows. Some BB are acting like pennies the way they are trading. I have never seen such drastic percent gains and losses. Well, back in 2008-2009, we saw this same thing. It is coming. I don't think they will fall that far, but within the next 7-10 months some companies will have new lifetime lows.
Time to start looking at the banks. Good time to buy. The whole sector will fall further before Christmas. Recover a little around February 15-March 15. Then back down more til the middle of the year. But the awesome thing is that we can play them back and fourth for the next 7 months. Steeler and I bought mostly banks during the last crisis, and we made a fortune even though they were trading at lifetime lows. It was great. Can't wait to do it again. I will do some DD and post some on the new board. The key is, don't buy ones that are over 10.00 per share. Not enough room for growth on the short time we have. I look for ones that are a for sure double. Usually not more than 4 or 5 bucks per share. BAC is almost too expensive to buy more right now. It will come down below 9 amend them its a buy. Good luck to anyone who reads this
Time to start looking at the banks. Good time to buy. The whole sector will fall further before Christmas. Recover a little around February 15-March 15. Then back down more til the middle of the year. But the awesome thing is that we can play them back and fourth for the next 7 months. Steeler and I bought mostly banks during the last crisis, and we made a fortune even though they were trading at lifetime lows. It was great. Can't wait to do it again. I will do some DD and post some on the new board. The key is, don't buy ones that are over 10.00 per share. Not enough room for growth on the short time we have. I look for ones that are a for sure double. Usually not more than 4 or 5 bucks per share. BAC is almost too expensive to buy more right now. It will come down below 9 amend them its a buy. Good luck to anyone who reads this
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