A goog stock to invest, that could make some quick cash?

Question

I invested $3200 into (ILE) and came out with $7000 this week, anybody know any stocks like that?

Answer 1

U DON'T NEED ADVISE.

Answer 2

If you are asking that question in this forum, you are obviously a naive investor. You should avoid buying individual stocks and put your money in a no-load mutual fund.

The fact is that if anyone knew of a stock that was going to outperform, they would buy it & that would bid up the price, making it less likely to outperform for later investors.

Academic studies show that new information gets imbedded in prices almost immediately. That means that if someone tells you here that there is good news for a company, that good news is already priced in.

The only way to beat the market on a regular basis is to have private information. There are three ways to get private information. One is to have insider information (which is usually illegal to use in tradnig). One way is to pay for it -- taking away the advantage. The third way is to gather up all public information on your own & glean information from it -- leading you to realize the private information that causes the public information. In other words -- use fundamental analysis. Since there are other people doing this analysis on big firms -- the payoff isn't going to be high, since they will probably ge tthe informatin before you.

That means that profits are to be made in smaller firms where no analyst is covering the company. You can be the first to learn what the public information means. Unfortunately, doing this involves a skill and knowledge that most people don't possess. And it is certainly a knowledge that you aren't going to get asking here.

Sounds like you got lucky with ILE -- don't expect it to happen regularly.

Answer 3

You have got to be joking, going on forums for stock advice.

May I interest you in BS Pharmacuticals (NYSE: BULL)