When I am following a stock and its price is movin
Post# of 56323
Posted On: 05/20/2014 8:57:25 PM
When I am following a stock and its price is moving I always ask why. If it is going up, and the evidence indicates that it should not be gaining pps I wait, but look for a place to sell. Conversely, when a stock is driven down, but I believe that evidence indicates it should be moving the other way, I BUY.
FITX certainly fits the latter description. The price has been too low since it dipped below .10 (IMNTBHO). As it has moved down I bought whatever shares I could afford. I strongly believe that I will be very happy with this decision, not just because the financials look good, but because the overall business plan is excellent and the management is very good. There are far more reasons to buy this stock and believe in it, than there are to sell,
Emotion should not play a part, but it has for me, I like FITX, but I love my family much more and will sell it when it no longer serves their interest. Buy it cheap.
FITX certainly fits the latter description. The price has been too low since it dipped below .10 (IMNTBHO). As it has moved down I bought whatever shares I could afford. I strongly believe that I will be very happy with this decision, not just because the financials look good, but because the overall business plan is excellent and the management is very good. There are far more reasons to buy this stock and believe in it, than there are to sell,
Emotion should not play a part, but it has for me, I like FITX, but I love my family much more and will sell it when it no longer serves their interest. Buy it cheap.
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