Do you think this stock is a hold or sell?
2006-07-26 06:23:34 · 2 answers · asked by Rob0946 1 in Business & Finance ➔ Investing
Why did you buy this? With 30 employees it's a pretty small company. Your reasons for buying it should be your prime reasons for holding or selling.
After you did your research on this company.... does the price reflect your expectations or not? Since you know the company better than I (you bought it for some specific reasons, I'm assuming you know a lot about it). What has changed. Is a product not getting the response you thought it should.
I see they're losing money. Is that improving or not? Are they working on something that's been delayed?
A penny stock like this can take drastic swings (as you know). If you're buying penny stocks like this.... you know it comes with the territory. You know the chances are significant to lose your entire investment quickly.
Hopefully you follow two of the most basic rules of investing;
A. Know your investment well enough to completely understand why they're a good investment.
B. With the proper "asset allocation" the loss of all invested will not effect your life.
(BTW: hopefully you didn't break rule #3..... never take tips from anyone (esp. TV, Radio, Friends & Relatives, or this forum)......................
2006-07-26 06:57:17 · answer #1 · answered by Common Sense 7 · 0⤊ 0⤋
So..
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Good Bye
2014-09-22 13:33:12 · answer #2 · answered by Anonymous · 0⤊ 0⤋