WallStreet7.com says this is one of the HOTTEST stocks right now! Is this true? So far I have 10,000 share! Am I wrong???
2006-06-27 18:46:19 · 4 answers · asked by David J 1 in Business & Finance ➔ Investing
YOU GOTTA BE KIDDING !!! No one should have more than 5 % of their total investments in any one stock. If you purchased it at $ .50 (total investment = $ 5,000 ), wait til it hits $ 1.00 and then sell off half. You now have all of your investment back and no matter what happens, you are safe. If it goes to $2.00, sell off another half. Then just sit back and hope that it goes to $ 10 and splits. In a few years, you could have 10,000 shares worth $ 100,000 but, in the meantime, you have had no sleepless nights worrying about it.
2006-06-27 18:57:06 · answer #1 · answered by Anonymous · 1⤊ 1⤋
Invest as much as your willing to loose. I think its a very poor decision to invest in penny stocks. There high risk and have a very low sucess rate.
2006-06-27 20:52:45 · answer #2 · answered by dkwr14 3 · 0⤊ 0⤋
No.
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2006-06-27 20:56:33 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Yes, I think that it is a pretty good company
2006-06-27 20:35:10 · answer #4 · answered by Spinner9 2 · 0⤊ 0⤋