WOW Nobody has any comments about this stock.
You posted a couple of hours ago, patience is a virtue. As far as the stock you are reccomending, can you be more specific. Why do you think it will bounce back from its 52 week low? Why do you think its a good buy? and what are the reasons you like them? I personally looked into it and found a few things i like to avoid in stocks i buy : It hasn't really found a solid support area, I would wait to make sure its not going to go lower then .25. Only 13% of the shares are owned by insiders, which could be a sign that even the management doesn't beleive the company's stock is going to rise. To back this up, if you look at insider transactions you will see that there has only been "planned sales" by the management and not one buy. Thats not a good sign. They haven't released much news that could possibly boost the stock. As far as me noticing these fundamental statistics, you haven't really said how long you plan to hold this stock. These fundamentals are more for if you are planning on holding for a while, not a short term play. Hope this helps.
You made some valid points that I did not think of. The reason I was considering it was because they have some great products and seem like they are possibly going to jump up in the future. I was buying this stock for more of a long term investment, by long term I mean months. Thanks for the information, I appriciate it I'm just eager to get started and was maybe rushing into it.
In my opinion it is easy to rush into a stock. It is almost impossible to rush into investing. It is never to early to start investing and its great that you made the decision to do so. Just make sure to do your research and you'll do fine.
Stocks under a buck rarely make anyone any money.
Welcome to the forums! It is always a good idea to do your own due diligence before you invest in a stock. Understanding the business model of a company is always helpful. If you are looking to invest short term you will want to remember that you will be responsible for taxes if you hold it less than a year. Happy trading!
Are you sure this is a chart that represents a buy? It looks pretty sad.... :( [img:1537d3a7e0]http://data.moneycentral.msn.com/scripts/chrtsrv.dll?Symbol=WAVR&C1=0&C2=1&C9=2&CA=1&CB=1&CC=1&CD=1&CF=0&E1=0[/img:1537d3a7e0]
[quote:01df596185="HappyHarry"]Stocks under a buck rarely make anyone any money.[/quote:01df596185] exception makes the rule :P im one :wink: and im still making :twisted: chahine
Mandelon the chart u have shown to me at least doesn't show a reason to buy... because 1- i don't know anything about the company 2- if there was that decline why was there that decline 3- if the decline occured do you see anything in the management behavior that would show signs of buying (like management setting buys, or profit starting to increase) 4- the product line is it likely or certain to succeed in question of 6 month to few years. 5- the main thing is do you see there source of income increasing during the time u own the investment... these are few questions that come up to my mind... piece of advice from personal experience: never rush into a stock because its below 3 yers high...as nearly every1 in this forum will tell u look for clues and analyse and research... research and research some more...after u have done research ... analyze it in as many way as u can and after u will be sure that if the stock is worth owning or not... chahine
ALMOST OUT OF BUSINESS. Check Edgar filings. Never buy stocks on the way down. Buy on the way up.
Thanks for the info guys it looks like I might loose a couple of bucks on this one.
It might be cheap, cuz its only got 25 cents left to go..... :cry: