Monday, November 21, 2011

a sample search

I've had to look through quite a number of these 11 to 12 dollar stocks to find one I'm at all satisfied. I want a really convincing historical low to trade from, and historical high prices that at least aren't barely my target. I want to feel the stock will go to my target fast and without hesitation when I buy it. The one I've finally found just meets these requirements. There's no history of truly high earlier prices, but there's a pretty solid history of historical highs a bit above my target. The historical low is quite dramatic, with a spike low and up and down action. I'm going to try to buy at the spike low. There will probably be a wait to get that price, but I think it'll be reached eventually - within months, say.

wbco 2011 11 21, buy at 6 (not above).

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