I wish I could. I'm hooked like a junkie tho. Always looking for a bargain.
http://www.freerepublic.com/focus/news/3045791/posts?page=35#35
I like bargains, too. They are only relative to what the market determines on any given day. I look for good name stocks in the $15 to $50+ range.
My bargain the other day backfired on me. I was happily day trading, making a little here and there, low risk, done with my trade for that day. So I see the prices, a bargain, so I decide to buy my trade for the next day.
Well it gapped down the next morning, went into meltdown. Gapped down the next morning (Fri). Gapped down Monday but a short tail. Now it is rebounding. I hope it gets back to my price, it's a dollar short now, but could take weeks or never.
What happened was the company got a good quarterly report. I didn't read the third analysis, gave it a C rating, avoid, look for exit, a GOOD CANDIDATE TO SHORT.
That's what happened. I got caught in a huge selloff just like that. I think it's a manipulative tactic so a lot of men in Wall Street can clean up. I'm really pi$$ed about it. I refused to panic and sell, had over $14K riding on it.
I think my brokerage is subscribing to and steering investors to stocks of their choice. Stocks that usually don't go anywhere. One day up. The other down. So the next it is up, it makes it look like oh goody I'm really ahead. But behind that facade are a string of losses and gains reflected in that price in MY account. It's just the up percentage for that day.
It appears several intrepid investors ignore the avoids, ignore the dips, just buy, hold, and manage to make good on it.