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Guaranty Federal Bancshares Inc. Message Board

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  • shipptrevor shipptrevor Feb 6, 2012 6:06 PM Flag

    Waiting for a Dip to Buy

    You make a good point. Maybe I won't be so lucky. You know how it is--psychologically, it's just tough to look at a chart and buy at these kind of peaks. The company's earnings as of late are what makes me still consider it.

    I would like to do a little more research on the economic environment of the local area. I don't know a thing about that part of the US, and because this is such a local company (and a bank, no less), I think I'll look into the economics of the surrounding area.

    Apart from that, I'll look for the right entry point. I'm thinking of buying 5-10k worth-- a sizable investment, but I'm not betting the whole enchilada on this one. For some reason, banks still make me nervous.

    I typically trade stocks I know and understand. Without having a ton of investment experience with banks, I do my best to stay clear.

    This may be the exception.

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