Re: OT - Solar stocks and such things
in response to
by
posted on
Dec 06, 2007 01:16PM
Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.
Hey, good call. Nice to collaborate on this.
Your methods are good. I am using the TA you cite more and more - I look at volume a lot, look for a base, go with the leaders.
One way I differ a lot is based on my fundamentals approach. Yes, I do an awful lot of DD. I love it - it's like a huge, endless jigsaw puzzle to me.
So one difference in our approaches - for me, I only go with a stock I have strong reasons for, #1 micro reasons, but also #2 macro. So when the stock drops 10% or 20%, instead of selling, I buy.
That only works with stocks that have really strong fundamentals. It takes discipline - to do the opposite of what other people are saying. However, it hews closer to the notion of "buy low, sell high" - I've learned that means, if it goes lower, buy instead of sell. Ditto the converse.
There is lots of manipulation, and I don't like the notion of anyone shaking me out of a stock I believe in. It feels like theft.
I like Coach's model the most, in terms of apporach. How he covers so much ground I can't imagine.
I am naive about the manipulation, and I don't really have an overview of what the shorts are doing. And I would like to learn more TA. I see it not as voodoo (I used to think that), but instead as psychology.
Nice talking. I own no solar yet, and I guess I should fix that. Maybe some ASTI and some CSUN.
Oh, by the way - did you read that the Europeans are acting on your idea? It's a no-brainer, great idea - put huge solar farms in Africa, and export the power with a cable to Europe.
It's about freakin time.
all best (pardon the long post)