profile ymax fv September25buy signals at $1.20 in March, April, including off a breakout in April, but, no double. where was the target? you figure it out, the clue being the January top? buy signals now, 80 cents, going for a double seems reasonable.
what is freaky is, every single stock on my list looks attractive. these are finviz stocks, a more or less conservative selection of six thousand or so stocks, and we're looking only at those under a dollar. (they were under a dollar when i built the list, anyway, and most still are, it seems.) what am i suggesting, that we just buy any finviz stock under a dollar? i would say i'm saying you probably could get that to work, but is it actually automatic? if you stick to a buy and hold strategy, it's a possibility. (for comments on a less automatic approach see the posts.)
see, there's a pragmatic interpretation, which is that a spike to $5 is likely, taking a longer term approach - with more contact with the $5 line over a period of a year plus. of course, outright buy and hold promises a price of $36. now we've got three kinds of trades, short term shoot for a double type trades (here it was shoot for + 50%, back in the Spring), long term but shooting for a target, so, maybe the trade only lasts for months, and then buy and hold. we are, this is the plan, taking multiple small positions, so, somehow dividing all those positions up between the three categories ...
