I know many people who wont touch this stock until
Post# of 3333
Posted On: 12/30/2016 10:13:24 AM
Re: Rocket Scientist #314
I know many people who wont touch this stock until it reaches dimes and higher. Most investors in these online forums are willing to only buy up to a penny; maybe a little higher.
We all know the rampant saying around here, "Buy on the dips!" But for the big whales, and serious investors, they dont average down. They average up; and wont flinch an eye until they receive confirmation of an upward trend. And we get that through SEC filings.
Once Gerard's restocks, Ill buy a couple and do a review for those who wont have access to getting their hands on a bottle.
Note:
Here's an old post of mine on Averaging Down VS Averaging Up
..
Id speculate the majority of investors in these online forums read more about people bragging of their 'averaging down' skills more than averaging up.
We hear it all the time, "These are gift shares!", "Buy on the dips!".. etc etc.
Although averaging down has its place, the true investor understands the awesome power of averaging up. Called 'Pyramiding' , investors who average up continually purchase less shares at higher prices.
Whats the point of this?
Averaging up shows strength. Investors don't average up UNTIL the company shows a reason to do it in the first place. This in turn strengthens the share price, attracts new investors, increases market cap, and pushes the share price up even more.
Understandably, this method goes counter to 'buying on the dips', but buying on the dips doesn't indicate the company is doing any better .
There are countless articles referencing this method. Here's one:
http://business.financialpost.com/investing/5...=11ca-f8a3
Not investment advice
We all know the rampant saying around here, "Buy on the dips!" But for the big whales, and serious investors, they dont average down. They average up; and wont flinch an eye until they receive confirmation of an upward trend. And we get that through SEC filings.
Once Gerard's restocks, Ill buy a couple and do a review for those who wont have access to getting their hands on a bottle.
Note:
Here's an old post of mine on Averaging Down VS Averaging Up
..
Id speculate the majority of investors in these online forums read more about people bragging of their 'averaging down' skills more than averaging up.
We hear it all the time, "These are gift shares!", "Buy on the dips!".. etc etc.
Although averaging down has its place, the true investor understands the awesome power of averaging up. Called 'Pyramiding' , investors who average up continually purchase less shares at higher prices.
Whats the point of this?
Averaging up shows strength. Investors don't average up UNTIL the company shows a reason to do it in the first place. This in turn strengthens the share price, attracts new investors, increases market cap, and pushes the share price up even more.
Understandably, this method goes counter to 'buying on the dips', but buying on the dips doesn't indicate the company is doing any better .
There are countless articles referencing this method. Here's one:
http://business.financialpost.com/investing/5...=11ca-f8a3
Not investment advice
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There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
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Invite Only
There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
Disclaimer:
As used herein, the terms "You" and "Your" shall mean you, individually, the reader, and each other party on whose behalf you may use the contained information at any time.
All references to "My", "I", and “The writer of the above post” shall refer to the creator of the username Joey68.
Do NOT invest unless you are prepared to sustain a total loss of the money you have invested plus any commission or other transaction charges.
There is a very high degree of risk involved in trading and investing. Past results are not indicative of future returns. I assume no responsibility for your trading and investment results. You should NOT rely on the information in the above post to make any decision or take any action.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are OPINION and NOT fact and are for entertainment purposes only. Do your own research and make your own decisions based on your own conclusions.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are NOT advice, and are NOT designed to substitute the expertise and judgment of a professional. It is your responsibility to seek investment advice during all stages of your investments. It is your responsibility to evaluate the accuracy, completeness and usefulness of the information in the above post.
I am NOT a professional.
I do NOT work for you.
My posts are NOT investment advice. I am not paid to post.
There is no correlation between the number of posts I write per day and your assumed success of a company.
It is NOT my responsibility to inform you of my own personal investment decisions.
It is NOT my responsibility to inform you when it is time for you to buy, hold, and/or sell a position.
I have no control over, and am not responsible for the actions of others who copy, store, edit, change, prepare any derivative work of or alter in any way any of the content provided in my posts.
Errors and Omissions expected. The writer of the above post accepts no liability or responsibility for any errors or omissions contained in the above post or contained within this Disclaimer.
The writer of the above post shall NOT accept any liability for the accuracy or completeness of the information contained in the above post, for any reliance placed by any person on the information contained in the above post, or for any damage or loss, however caused, in connection with the use or reliance on any information contained in the above post.
The above post may contain links to websites owned and operated by third parties. These links are provided for informational purposes only and are NOT endorsed by the writer of the above post. The writer of the above post has no control over the contents of any linked website and bears no responsibility for the accuracy, legality, or content of the external site or for that of subsequent links.
YOU ACCESS ALL LINKS ENTIRELY AT YOUR OWN RISK.
The writer of the above post makes no warranties or representations, express or implied about such linked websites, the third parties they are owned and operated by, or the information contained on these websites.
The writer of the above post accepts no liability for any damage or loss, however caused, in connection with the use of or reliance on any information, material, products, or services contained on or accessed through any such linked websites.
There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.