looking to invest in a stock that is ready to take off. want to invest in a stock under $20 that will be in the $60s-$80 range
2007-01-11 06:51:15 · 3 answers · asked by Anonymous in Business & Finance ➔ Investing
Obviously you are looking to lose your money.
The chances of making big money on a stock tip is very low, the chance of it dying are very high.
Stocks are worth what someone will pay for them, and that is why they go up and down, if someone is going to give you a hot tip, they are probably looking to sell stock at a higher price than they bought it for. (the greater fool Theory)
Learn about investing, and ways of investing, and what are the risks associated with each type of investment.
Investments can make you rich, "Speculation" can make you poor.
A wise advisor once told me, If your only investment is the current best blue chip stock, you have a very risky investment (Why?) All your eggs in one basket is dangerous..
so don't golooking for the rainbow, get educated and do it right
2007-01-11 09:22:18 · answer #1 · answered by bob shark 7 · 0⤊ 0⤋
1
2016-12-24 03:32:44 · answer #2 · answered by Anonymous · 0⤊ 0⤋
BBI - Blockbuster
They're going to whoop up on Netflix (beat them at their own game).
2007-01-11 07:05:10 · answer #3 · answered by derek 4 · 0⤊ 0⤋