Gary Halbert · whole document (49)
zhlk promote website
But,
you could also make a bundle!
I'll
reveal the names and details of my three stock picks
for this month just a few paragraphs from now. But
first, it will be useful if you understand a little
about why I have chosen to invest in these particular
three stocks.
First,
I have a rule for myself and, that rule is...
Buy Only Stocks Listed
On One Of The Three Major
Stock Exchanges!
The
reason for that rule? Simple: You see, I realize I'm never
going to make any money by buying
stocks. I'm only going to make money when I sell
my stocks. And, when I'm ready to sell, I want to make
damn sure whomever wants to buy can easily find quotes
and other details of the stocks I want to sell. In other
words, I have no interest (at least currently) in
messing around with any stocks... unless... they are
listed in the Wall
Street Journal,Barron's or Investor's
Business Daily.
Believe
it or not, that rule alone eliminates hundreds of
thousands of stocks. Here in America, aside from the
three major exchanges, you can buy OTC
(Over-The-Counter) stocks, "pink sheet" stocks
(ask your broker if you're interested) and stocks from
all sorts of other sources. You can also buy stocks
listed on the Toronto Exchange and all the European and
Asian exchanges.
Not
me. I buy nothing that's not listed on the NYSE, AMEX or
NASDAQ.
My
second rule is...
Only Buy Stocks
That
Have The Potential To Gain
50% Or More In One Day!
I've
done a lot of research because I wanted to know what
made this small, elite group of stocks (there are 300 to
500 of them every year) different from all the thousands
of other stocks which have never enjoyed this type of
spectacular daily
gain. Here's what my preliminary research seems to
indicate: Of all stocks which gained 50% or more in one
day of trading...
Only 6.2% Were
Stocks Listed On
The AMEX Exchange!
No AMEX stocks for me.
At least, I don't spend any time researching them right now. Mushing on, I
also discovered...
Only 4.9% Of The
Top Daily Gainers Came From