Thursday, March 11, 2010
Q's - Remain Well Bid
Take a cue from me: Stocks are just like fashion trends, fads come and go. One week the $.000 stocks are catching some attention, the next week dormant shell stocks seem to be all the rage, and the following week worthless bankrupt stocks are well bid. I'm not saying all "Q" stocks are worthless, but most of them are, so tread carefully.
Today EGLSQ was the next bankrupt stock to be pumped higher. Throw some money at it and see if it catches on is the method these days. It seems there are plenty of people willing to play this game, so why not take the dive. After all these stocks are to be traded, not held.
Scan for the next Q stock that hasn't run. The Guru has a few up his sleeve, but I'm not so sure I want to play this game.
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