Stock Market technical analysis. All of my thoughts, trades and analysis are my opinions only. I am NOT responsible for any loss you may incur. These posts are NOT meant to be recommendations in the market. This website is not a solicitation to buy or sell securities, options, or futures. The purpose of this content is educational only.
Monday, March 14, 2011
XING is on top of the 200-MA. If a move is going to come in this stock, it has to be now. It's important for the stock to close above $1.85 from here on.
what would the worse case scenario be for you in this XING? it over 10 years old so I know it can stand the time...but standing the hurt is a different matter. i agree. $1.85 from here on out but this stock can dip if the market goes down again on Japan...if the nuclear plants go bad, it cold affect alot of stuff. not critizing.
Worst case for me is that I sell it for a loss. (Currently down 14%). But it's just part of the game when buying small cap stocks. Bigger risks for bigger rewards. I just allocate a smaller portion of my portfolio into them to compensate for the risk.
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what would the worse case scenario be for you in this XING? it over 10 years old so I know it can stand the time...but standing the hurt is a different matter. i agree. $1.85 from here on out but this stock can dip if the market goes down again on Japan...if the nuclear plants go bad, it cold affect alot of stuff. not critizing.
ReplyDeleteWorst case for me is that I sell it for a loss. (Currently down 14%). But it's just part of the game when buying small cap stocks. Bigger risks for bigger rewards. I just allocate a smaller portion of my portfolio into them to compensate for the risk.
ReplyDelete