Ive noticed

Discussion in 'Trading' started by stock777, Jul 20, 2011.

  1. that the most obvious , inane trades, like buying SKUL near the ipo price, work 90% of the time.

    stuff you'd think was too obvious to be worth a damn.

    the trades backed by 100 indicators suck ass.
  2. JSim


    The last two IPO's i wanted to get into were Linkedin (LNKD) and Pandora (P). They dropped close to 40% within the first month. They then went on to regain all of the losses and come out ahead of the IPO price.

    I didn't get into them because i found it hard to identify the trough where the stock was going to turn around. It was too nerve racking for me especially reading negative things about their finances (especially Pandora) in the media. The risk of the stock dipping down and staying there was too high for me.

    Its interesting to see if Skullcandy (SKUL) will have the same pattern.
  3. Im against P

    SKUL is a commodity item , no interest in it here.
  4. LOL. that's because the herd is the public suckered into paying for these systems. keep it simple!


  5. wow, right yet again. how does he do it?