Saturday, August 28, 2010

Lagtime Between Having Cash for BuyIns and Going In...

     I've been receiving some Comments, lately, about when to Pull The Trigger
after accruing Cash. 
     As my Regulars know, Our Clique generally has Some Cash available for Trading.  If we are not Building Cash Accounts, it is immediately placed in a stock.  But we watch 119 Stocks Every Day (we've Positions in 67), so there's usually a Hot Pick on Our radar.  If we don't Go In, we replace Hot Stocks after they've Cooled with other New Hot Stuff.  We like to Play and Stocks are our Gamepieces.
   However...
     Not every Investor or Group has the time or inclination to keep a constant Vigil (that's what it is in 2010) on Stocks and Companies.  With this in mind, I suggest you start looking for Stock Picks two weeks before Going In.  That's, generally, enough time to Gage the Direction of the Stock and Research the Company.  Hey, always remember a particular company "isn't going anywhere".  You'll be able to pick up shares later on down the road and it'll be on your Watchlist.

Here's a Tip I'll give you.  We retain 10% of Initial BuyIn Cash for Reups in a Position.  (Hey, if you've been reading Bad Lad's Post; you already know that!)       

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