2006-09-02 05:36:01 · 4 answers · asked by SirHyde 3 in Society & Culture ➔ Languages
People used to kick the tires to see if the car would wobble
LOL
I think I just revealed how old I am!
2006-09-02 05:38:55 · answer #1 · answered by Anonymous · 1⤊ 0⤋
Slang for doing the grassroots research of a prospective investment.
Individual investors and fund managers alike partake in tire kicking. Asking your full service broker or financial adviser about a company, calling and visiting a company, and doing general investigative research prior to investing in a stock are all examples of kicking the tires.
The term originates from people's tendency to give a scrutinizing kick to the front tire of an automobile they are looking to buy while the salesman makes his or her pitch. Despite the metaphorical use of the term in stock picking, "kicking the tires" of a prospective investment is always an advisable thing to do, as the more you know about an investment, the better.
2006-09-02 05:43:05 · answer #2 · answered by melissa 6 · 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
2015-01-25 00:17:31 · answer #3 · answered by Anonymous · 0⤊ 0⤋
the tires used to be the 1st thing to go bad so you could tell if you wanted a car by how good the tires are - if the tire blew out when you kick it, buy a different car
2006-09-02 05:39:49 · answer #4 · answered by jyd9999 6 · 1⤊ 0⤋