Category Archives: Lowball Orders
“Better late than never” goes the old expression.
Morgan Stanley analysts cut their target price for GoPro shares by -43.5% from $62 a share to $35 a share Tuesday… after the stock had already fallen 67% from its high of $93.85/share in October 2014.
To say they’re in firm command of the obvious is an understatement.
Still, millions of investors were surprised and the stock got shellacked. It dropped more than 5% before fighting back late day to a close of $30.65. That’s simply stupefying to me. Not that it dropped, mind you, but that anybody was surprised.
I’ve been telling you the company was a train wreck for over a year now. In fact, as recently as September 30th, I reiterated that the company was not worth your time nor your money – unless, of course, you were shorting it.
Not all investors lose money when the markets get carried out feet-first. There are a savvy few who pocket some really terrific gains by capitalizing on chaos… and they don’t even have to time the markets to do it.
Not if you understand how to use one of my favorite Total Wealth Tactics – the Lowball Order. A great choice under normal market conditions, it’s ideal at the moment.
We’re going to talk about what a Lowball Order is today and how you set one up ahead of time. Then, as always, I’m going to give you a few recommendations covering several of today’s most popular stocks.
I think you’re going to be thrilled by how easy Lowball Orders are to use, especially when you realize that you don’t have to sit in front of your screen all day to bank the big bucks with the best of ’em.
For lack of a better term, Lowball Orders are like a “profit-trap” you lay in advance.
Here’s how to conquer market madness and profit at your leisure.