Price Targets

Every day in any financial publication you will find the Wall Street mavens giving their predictions on many stocks. It was issued here and should go there. It is now undervalued and is worth that much more. Really?

Has anyone gone back to check out these predictions? I haven't, but I know that as a stock increases in price these same geniuses continue to raise their target prices. How they arrive at these mysterious numbers is beyond me. When their price target is reached do they ever tell you to sell? Not that I can recall. And if it starts down do you ever hear from them again. Not hardly. They are now predicting some other stock.

All this is done in loud voices and big headlines. There are many reasons given as to why XYZ will go to $230. And maybe it will, but when it gets there (if it does) what do I do? Not one of the Maul Street crowd ever tells you to sell.

Price targets are like doing research. Both are worthless as far as making money in the stock market is concerned.

Here is the secret of how to make money in one of those hot-shot stocks. First don't pay any attention to projected price by any broker. They don't know. All that talk is window dressing to get you to buy. Remember there is someone willing to sell to you at that price.

And second you should be selling out near the top (not at the top). It is not that difficult to do, but you won't get this from your broker. Since no one knows where the top is then you have to let the market action tell you when to take your profit. How? With a trailing stop loss order.

Let's say this hummer took off from $14 and it is now $35. WOW! Should you buy it? If the public relations is new and you want to take a chance then buy it, but have your exit strategy in place. The media blitz for this stock says it will go to $90 and sure enough it does, but it keeps on going. It went right through its target and is now in outer space above $150 and still has rocket fuel to burn. Your trailing stop is now somewhere about $125 to $135. This beauty tops at $255 and plays around there for several weeks when it starts down and hits your stop at about $230. Aren't you glad you didn't sell at $90?

The above stock will be nameless here, but I did see this happen and it finally ended down at $2.50. That is why buy and hold should not be in your lexicon if you are an investor.

Price targets are there for the gullible investors. Learn to use this Wall Street trick to your advantage by using a trailing stop.

Copyright 2005

Al Thomas' best selling book, "If It Doesn't Go Up, Don't Buy It!" has helped thousands of people make money and keep their profits with his simple 2-step method. Read the first chapter to receive his market letter for 3 months at www.mutualfundmagic.com to discover why he's the man that Wall Street does not want you to know.

scheduled cleaning services Northbrook ...
In The News:

iPhone, Google Pixel and Samsung Galaxy phones now offer call screening that asks unknown callers to identify themselves before your phone rings.
Ransomware can lock your irreplaceable photos and documents in seconds. A tested backup strategy and stronger cybersecurity habits are your best defense.
ShinyHunters claims it breached FBIJobs.gov and stole Social Security numbers, home addresses and sensitive assignment details of FBI personnel.
Find My iPhone, Google Find Hub and Samsung Find have critical tracking settings to enable now, before your phone ever goes missing or stolen.
The FTC proposed a new enforcement policy on personalized pricing, warning companies that hide how personal data shapes the prices shoppers see.
The $250 million Apple Siri AI settlement is now accepting claims, with eligible iPhone owners potentially receiving up to $95 per device.
ShareAScan turns T-shirts into scannable digital business cards with QR codes that link to profiles the owner can update anytime they choose.
BragJack research reveals how a single malicious browser extension could hijack Gemini, Perplexity Comet and Edge AI agents with zero clicks.
A phishing campaign impersonating OpenAI uses fake ChatGPT billing emails with a convincing login page to steal credentials and payment details.
Startups are helping modernize America’s defense industry with new technology and innovative ideas as the War Department diversifies its inventory.
New account fraud victims jumped 31% in 2025, reaching 5.4 million. Criminals open accounts you may never see on your regular bank statements.
Flytrex says its AI-powered Rooftop Dock system in Dallas-Fort Worth positions drones at restaurants before orders arrive, cutting delivery costs by 60%.
Samson Sky's Switchblade flying car secures $80 million from Dubai's Matin Group, but the redesigned hybrid-electric aircraft still needs more testing.
The Fox News AI Newsletter covers the latest artificial intelligence technology advancements, including the challenges and opportunities AI presents now and for the future.
CenterPoint Energy confirmed customer data was stolen, while a hacker claims 7.49 million records with partial Social Security numbers were taken.
The $59 Brick device promises to help curb phone addiction, but free iPhone and Android tools may already do the job. Here's what to try first.
Epsilon Data Management's "opportunity seeker" lists helped scammers target millions of older Americans, DOJ court filings reveal in detail.
HBO Max's verified Reddit account was hijacked to push 108 malicious ads using ClickFix, a technique that tricks victims into running dangerous commands.
Flash Shelton reveals how home security cameras and alarm systems can stop squatters before they claim tenant rights in your vacant property.
WIM-Z's AI dog training robot uses on-device processing to detect barking and dispense treats autonomously, with field trials showing up to 83% reduction.
Google's Threat Intelligence Group found PROMPTFLUX malware that uses Gemini to rewrite its own code every hour, raising urgent cybersecurity alarms.
Your VPN may quietly drop protection when switching between airport Wi-Fi and hotel Wi-Fi. Key settings like auto-connect and kill switch help.
A South Carolina caregiver allegedly gained power of attorney over a 75-year-old with Parkinson's, then transferred his home via quitclaim deed for $5.
Joby Aviation flew its eVTOL air taxi into DFW Airport's busy airspace as Texas launches Project Nexus, a three-year advanced air mobility program.
Federal prosecutors say criminals bought sponsored search ads mimicking real banks, capturing over 5,000 login credentials and draining accounts.

Shorting Stocks ? The Basics, Part II of II

After the publication of the first part of this two... Read More

The Top 10 Reasons to Invest in Mutual Funds

Everyone who follows the financial news has heard of mutual... Read More

Stock Market Insanity

Let's first define insanity. It is doing the same thing... Read More

Why Technical Indicators

The fight continues to rage among traders who use technical... Read More

Never Fall In Love!

Recently I watched my favorite football team lose a vital... Read More

Online Trading Strategy: Collecting Cash when Stocks Go UP - It PAYS to Know More than Others

When it comes to stock market trading it PAYS to... Read More

Investment Discipline

One of the great "secrets" of successful people is discipline... Read More

Momentum

One of the basic laws of physics states that a... Read More

10 Tips For Creating Wealth From the Stock Market

1. Do not spread your money too thin.My friend has... Read More

Investment Attorneys and Garbage Stocks

How is it possible that trash Companies are posting less... Read More

Dont Ask Your Broker

Unfortunately, most of you who are reading my column are... Read More

How (NOT) to Buy Mutual Funds

When it comes to mutual funds, there is a lot... Read More

This Market Is Different

All of the talking heads have been telling us that... Read More

Bargain Basement - Finding Stocks That Go Up

Have you been listening to the talking heads on CNBC-TV?... Read More

I Love You, Warren Buffet

Sometime around 1980, can't remember exactly, there was a flight... Read More

A Stock Market Investment Plan that Never Lets You Down

The bulls and bears of the stock market are both... Read More

Hold Em and Fold Em

When most analysts, financial planners, fund specialists and investors try... Read More

Outsourcing

It's about time someone spoke the truth concerning outsourcing. The... Read More

A Personal Stock Market Investment Philosophy

∙ Make every investment in the stock market a long-term... Read More

Good Stock Market Tip; Good Return!

Forget making a profit; instead focus on the income provided... Read More

Why Change Funds?

On November 17 I bought 7 different mutual funds and... Read More

Buy Low - Sell High

Now where have I heard that before? I know. It... Read More

The Next Bull Market

We are already in it, but you can't see it.... Read More

Stock Loans

Hedge current portfolio positions and gain access to capital resources... Read More

Stock Market Diversification

In one of my previous articles (Investing in the stock... Read More

local house cleaners Wilmette ...