Manonthestreet
Diamond Member
- May 20, 2014
- 34,474
- 22,590
- 1,945
I consider a healthy chart pattern as part of the homework, doesn't have to be blowing doors out ...but needs to have broke downturnNo.....they are under investigation for their accounting.....also more choice on the shelves. Never buy a stock going down .....may keep right on
I wouldn't buy Kraft Heinz on a dare.
However, I do disagree with never buying a stock on the way down. I believe a good, healthy portfolio should have one or two fliers along with the solid stocks. Yes, it could go down another 10 dollars a share and cost you a couple thousand dollars, carried by the other stocks. If you've done your homework, more likely it will turn and go through the roof.