Stocks to Buy based on the Best Stock Market Research
STB, you have SCTY on your list of stocks to buy on dips. Right now, SCTY is on quite a downward trajectory, recently breaking through the 30's and culminating in a 17 point drop, as of today, from $45 less than a month ago. Is it still your opinion to accumulate some shares? If so, seems like a good buying opportunity. However, am a bit tentative based on the recent price action. Thoughts?
Long term SCTY is a buy, short term for a trade it's still very risky. Wait for it to establish a bottom first. SCTY is probably the most risky stock that I follow because they lose money and you never know how the market will react when you get a correction. I'd rather buy pullbacks in YELP or NDLS before I buy the SCTY pullback.
Sounds good. Like I said, I was a little tentative about SCTY. Have been mainly buying blocks of NDLS during most of the pullbacks for the long-term. If you feel SCTY is establishing a bottom, please put a post out. Think it will still be good long-term, but don't want to get caught holding the bag!