Quote from stonedinvestor:
The number of page views tells me there is obviously an interest in high risk trading. So long as we don't pump, or get into flame wars with each other, I think this can be a very helpful and profitable thread for those that have an interest.
Amen. but is it high risk? I've noticed less downside here in this arena than in big stocks!
Most of these names if they don't move they just die on the line. The fact that they are low priced often means a lot of prior bad news has already been factored in.
Also lets not refer to it as high risk trading-- that's even a worse named than StonedInvesting!
It's perfectly described as " Longshot " investing.
It's just that those with limited market experience find everything long shot investing and we hardened cynical MFers just find the longshots here on this great thread.
But please lets not forget the idea is not to throw out a symbol and leave it at that-- it's up to the rest of us to weigh in on these names and contribute our thoughts.
My thoughts right now-- I might have to buy WWAT right now and ruin it for everyone!
Your point is well taken about weighing in and contributing personal opinion on these stocks. Congrats on your WWAT entry. Now we have someone to blame if it tanks.
Just kidding Stoney, lets make some money.