5 Stocks Poised for Breakouts
05.25.12 | 11:47 AM
WINDERMERE, Fla. (Stockpickr) -- Trading stocks that trigger major breakouts can lead to massive profits. Once a stock trends to a new high, ...
investor1990 previously owned
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05.17.07Views:
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Okay, so I owned all the following stocks back when I thought DNDN was a breakthrough stock that was going to go to 30-40 once the FDA approved it on May 15th. Instead, on May 9th, the FDA issued a complete response letter to Dendreon asking for more information before they could consider approval of Provenge, the company's only drug therapy for late-stage prostate cancer. This took the wind out of the sails of the stock and dropped it down by 60%. I lost more than that percentage of my capital, and sold everything below, mainly at a loss. So if these companies end up going up in the future, I'll be a little upset. However, I learned a valuable lesson about liquidity and time. You can never have enough of either.
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The amount of debt is of huge importance for investors. The debt level is a capital capacity measure and something like a buffer for toug...
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05.28.12 | 02:50 AM asked by DividendHero
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