Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev | Next
Author: dovetailer Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 60  
Subject: Re: Comments requested Date: 11/9/1997 1:05 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
Earlier remarks about doing your own research can't be emphasized often enough. Any would be investor who buys on an analyst's upbeat notion is taking a huge risk. IMHP those "buy" recommendations are at least 50% tainted by the heavy inventory of the recommender looking to cause a burp up so his firm can get out. It also gives the house's sales men, the brokers, something to talk about...so and so is moving...let's buy it now and take our cut later.
No such thing as "let's"...the broker isn't buying, he's selling. For the novices reading this, take a good hard look at what the underwriters have done to CYMI. They got theirs,...at the expense of retail buyers...

There are many, many good opportunities in this or any other market. You CAN outsmart the pros.
Set some standards for yourself about what your maximum risk will be, and start looking for stocks that are below that level. They're there...every damn day, they're there.

Before I buy a stock, I already have an automatic exit point which I write down. If it doesn't get there in the term I feel it should, I'm out. If it does, I'm out. And after I've bought one, I always start an immediate search for the next.
And it never fails, I find more than one. Might take a week, might take two, but I find them in due course. You can too.

Just NEVER listen to analysts. NEVER.
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev | Next

Announcements

Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Managing Your Wealth
Our own TMFHockeypop from Rule Your Retirement fame on the TV show Managing Your Wealth.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Value Hounds

Clorox Isn't Cleaning Up
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement