Comments on: Five Simple Ways To Help Make Sure You Buy Stocks Low and Sell Them Higher

By: depannage informatique

depannage informatique — Thu, 03 Feb 2011 11:57:25 +0000

thanks for the third advice.. this best one for me

By: MoneyEnergy

MoneyEnergy — Sat, 20 Mar 2010 02:39:20 +0000

Shaila, tracking the 52-week highs and lows is very easy and can be done with most finance data programs. You can get it from any basic (free) news site like the Financial Post, Bloomberg, Google Finance, or straight from your online discount broker like TD Waterhouse. P/E is another useful general screener, which only tells you if a stock is trading “cheap” for its real value if you know what its real value should be. In general, a higher P/E (eg., 25x) is more “expensive” than a lower one, but only if the company doesn’t warrant that multiple.

By: Shaila

Shaila — Thu, 18 Mar 2010 13:43:38 +0000

Which site would you recommend to track 52 week low and high for your stocklist? I just registered for yahoo finance but not sure if it tracks that.

We should also take P/E into consideration when selecting which stocks to buy?

TIP: By the way, I recently read the “Commision free investing” book which gave he following formula:
I = (H – L)/(H-L) * periodic investment amount. Where H = 52 wk high, L = 52 week low, I is amt to invest.

By: MoneyEnergy

MoneyEnergy — Mon, 08 Feb 2010 04:24:14 +0000

@Shawna – not sure what you mean – aside from the tips here? Long means you think the stock will go up and you’re holding longer term. Short can either mean short-term, or more likely, actually shorting the stock because you think it is going to decline in price.

By: Shawna

Shawna — Mon, 08 Feb 2010 00:57:30 +0000

I’m in a savings and investments class in college and am a complete novice to this. I am trying to understand the buy low sell high in people long and short in the market… any advice?

By: MoneyEnergy

MoneyEnergy — Mon, 18 Jan 2010 21:06:26 +0000

@Sunny – yes, with penny stocks, it’s nice to hear another analyst’s view on them…. they could stay around three cents for a long time. I know because I have a couple. But penny stock status in and of itself does not mean a company is worthless – far from it.

@Len – thanks! I haven’t got around to using stop losses yet, but they’re another good technique to bring up in order to automatically take some profits if the stock starts dipping more than, say, 5%.

By: Sunny

Sunny — Sun, 17 Jan 2010 03:36:45 +0000

I would had been in such helpful post reading months ago BEFORE purchasing 23 000 units of Dumont Nicketl (DNI) at 3 cents per stock…. lol I desperately try to sell at 4 cents. But 5 cents had been reached one, and I wonder if Dumont Nickel will ever reach 4-5 cents… My sell order still on, I continue to renew it every months.. Kind of a bad trade experience. But thank you for his post anyway.

By: Len Penzo

Len Penzo — Fri, 15 Jan 2010 23:58:28 +0000

Number 3 is very good advice – Don’t buy at the 52 week high. But your sub-point, ME, is even more important. Take at least some of your money off the table when stocks reach their 52-week high! I got burned by not doing this a while back and it cost me more than a few bucks – mainly because I didn’t have an exit strategy defined when I got the stock in the first place (can ya tell I’ve been learning this investment stuff through the school of hard knocks? LOL).

Needless to say, I learned a very valuable (and somewhat painful) lesson there.

Nice article!

Best,

Len
Len Penzo dot Com

By: MoneyEnergy

MoneyEnergy — Fri, 15 Jan 2010 05:55:53 +0000

Not regularly, but I have read them. Yes, if it’s just coming off the high, that could represent a nice momentary correction that you could pick it up in, especially if it starts to uptick again – it could be approaching a new leg of growth.

By: Evolution Of Wealth

Evolution Of Wealth — Fri, 15 Jan 2010 04:50:46 +0000

Do you ever read or follow IBD? One of their qualifications for picking up a good stock is one that has just come off the 52 week high. IBD talks a lot about the shapes and trends of stocks and they are looking for stocks poised to make a run up.