2006-06-21 12:50:33 · 5 answers · asked by coasterjake22 1 in Business & Finance ➔ Personal Finance
that is the ONLY thing that is important. If you buy at the current price, and sell at a higher price you make money. No other statistic is important. A company can be losing a billion day, and the price can go up(GM), or they can be making a billion dollars a day and the price can go down(MSFT). PE, ROE, etc, means nothing. The price will never correlate with the value of the company, because if it did, there would not be a market.
2006-06-21 13:02:57 · answer #1 · answered by elichta 1 · 1⤊ 0⤋
Penny stocks are loosely categorized companies with share prices of below $5 and with market caps of under $200 million. They are sometimes referred to as "the slot machines of the equity market" because of the money involved. There may be a good place for penny stocks in the portfolio of an experienced, advanced investor, however, if you follow this guide you will learn the most efficient strategies https://tr.im/c8109
2015-01-24 23:59:23 · answer #2 · answered by Anonymous · 0⤊ 0⤋
If you buy it at the current price, and that price goes up, then you could sell it for a profit.
2006-06-21 12:55:58 · answer #3 · answered by imnotbtami 5 · 0⤊ 0⤋
Whether you own the stock and if the price is higher or lower than what you paid.
2006-06-21 12:55:03 · answer #4 · answered by Brandon 1 · 0⤊ 0⤋
It is an indicator of what you could buy it or sell it per share.
2006-06-28 09:55:09 · answer #5 · answered by Anonymous · 1⤊ 0⤋