posted on
Oct 01, 2010 08:23PM
So after agonizing over wether I should buy more shares all week, I decided to add another 30000 shares to my portfolio. Im now at 100000 shares, which im sure is not much compared to some people on here. However i'm currently fully invested in other stocks and I like them too!
My decision to buy more came down to having discovered some new facts this week about this company and having done my own fieid research so to speak. The volume has been excellent and there seems to be a lot of strength behind this stock right now. This has been a very active stock all week, and I think the activity will increase exponentially leading to the tech show coming up in a couple of weeks. I've noticed that more and more articles are coming out and the name of this company is getting out and attracting buyers. We have essentially recieved free publicity which is great.
Some people say that they dont use this board for their investment decision. I personally can say that I do in fact use it as a tool that does affect my investment decisions. I read those boards to get a sense of where the stock is and how people feel about it. If there is a euphoria and people are mostly happy, thats a good sign of good management in a company. Also even negative opinions can be extremly useful in pointing out things that I may have missed in my due dilligence. This board is like reading all the news articles and releases all rolled up into one. They are analyzed and disected, and a consensus is developped. That is imformation that a single individual could never possibly come up with all by themselves, because different people see different things. This is where the bias comes in! If someone is biased either on the positive or the negative, they would never get the full picture unless they had other people show it to them. Those are all good reasons why I appreciate intelligent posts on here
anyways, reguardless of which side we are on, someone will be proven right and the other proven wrong. I believe im right in investing my money here, and soon we will all find out who is the winner.