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I am mostly a sports betting man myself. You watch all the games and strategize all you want. But when it comes down to it. Like looking at an income statement. You are just looking at past results. It can give you an idea of what to expect in the future but nothing is guaranteed.

I agree there are many ways to use statistical analysis to project stock movement. However, there are always exogenous factors that models can't account for.

Either way in my mind it still gambling. But in one form or another I think every decision we make every day is in a sense a gamble.

reading back at this and saw how you wrote about pot stocks, was definitely spot on.

rsot	01-27-2017 04:27 AM

Re: Stocks

Dow Jones broke 20k for the first time day before yesterday - markets having faith in US economoy...

Yooo	01-27-2017 02:54 PM

Re: Stocks

I made some money with Pier 1 Imports when it dropped to 10 cents. In my opinion you just have to invest in something you fully believe in and then let it sit until it becomes (very) profitable, but cash out the money invested initially to break even when it doubles just in case.

vogeltron

02-02-2017 03:10 AM

Re: Stocks

Quote:

Originally Posted by Hoanandonly (Post 826690)

reading back at this and saw how you wrote about pot stocks, was definitely spot on.

Yea, I haven't followed it in 2016-2017. But I am assuming since they passed measures in all these states there is crazy speculative money slushing around in these things again. Most of them will probably be worthless in a few years.

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