Newsletter sampling from www.greenbackers.com
From: Greenbackers
Sent: Friday, April 24, 2015 7:29 AM
Subject: VMRI for rebound extending....Any pullbacks at/under 2 moving forward...,,,MCWEF jumped strong yesterday
Focus:
Recall discussions to debate Drone play VMRI sharp pullback from 3 to upper 1s (last mentioned at 1.95)....Made a soiid, steady comeback
ZHNE still a retest for 2
| Release Date | Symbol | Source | Title |
| Apr 24, 2015 | SOUL | Market News | Signs Black Lantern To Develop Entertainment Apps Based On Licensed brands And Original Soul And Vibe Ip [Market News Publishing (US)] |
| Apr 24, 2015 | FITX | Market News | Letter To Shareholders Regarding Emails Released [Market News Publishing (US)] |
| Apr 24, 2015 | EWRC | Market News | Schedule Of Events For Higher Xperience [Market News Publishing (US)] |
| Small Cap IR Issues Analyst Coverage of PositiveID Corporation at PR Newswire Fri 7:00am | ||
Keeping a closer eye on MCWEF following yesterdays jump...Recalling runups to a buck or so often in last 6months
| MCW Energy Group Announces Closing of Definitive Agreement to Sell Certain Assets of MCW Fuels at Marketwired Thu 2:45pm | ||
NBT shares some highly detailed stories on what's at stake with this one worth going back to review: www.nbtequitiesresearch.com
MNKDMarketocracy Top 20 Manager, Nate Pile, Invested In MannKind And Afrezza by Robert Sacher
Notable earnings before today's open: AAL, AAN, AJG, AOS, AVX, AZN, B, BIIB, COG, DTE, EHTH, FLIR, FNFG, IMGN, IMS, INFY, IPG, LEA, LYB, OFG, PB, SHOO, SPG, STT, TYC, VTR, XRX
Belief vs Conviction
When you're in a position in the market, traders seem to believe the setup is going there way, when they take a position. Belief can get you killed and can destroy your career. Instead of beliefs have conviction. Conviction puts facts behind your trades. If there are no facts, there is no edge whatsoever. Consider the difference.
I was leveraged into an OTC stock called FNMA at the beginning of this year. Account Value was 75k or so. I had 35k shares with an average of $4.5 and the stock was trading at $3.3. My belief was the stock had to bounce hence add add add on the way down the next support line was $2.3 if it had hit that my account would have been gone and today I wouldn't be here. Straight up gamble and no conviction. I added on the way down due to a belief it would bounce. Recognize the difference between a conviction and belief its paramount to your success.
When you're in a position in the market, traders seem to believe the setup is going there way, when they take a position. Belief can get you killed and can destroy your career. Instead of beliefs have conviction. Conviction puts facts behind your trades. If there are no facts, there is no edge whatsoever. Consider the difference.
I was leveraged into an OTC stock called FNMA at the beginning of this year. Account Value was 75k or so. I had 35k shares with an average of $4.5 and the stock was trading at $3.3. My belief was the stock had to bounce hence add add add on the way down the next support line was $2.3 if it had hit that my account would have been gone and today I wouldn't be here. Straight up gamble and no conviction. I added on the way down due to a belief it would bounce. Recognize the difference between a conviction and belief its paramount to your success.
Chinese investors are spending more money than ever on U.S. real estate. But activity could just be scratching the surface, experts say.
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