I am looking for a stock that was once hi and is now low. I know this could be a potential gamble. Any advice?
2007-03-20 16:03:24 · 9 answers · asked by Anonymous in Business & Finance ➔ Investing
Short term stock trading isn't a good idea. You'd probably make more money gambling occasionally or even leaving your money in the bank. If you have extra money, consider placing it in a CD or something.
I invest heavily in my 401(k) plan, but it is a long term investment. The lower it sinks, the more I buy. Remember, life goes quickly so putting money away now will pay off much sooner then you think.
But, if you're looking for a gamble, consider throwing down $88 on 100,000 Iraqi dinar. It is a LONG term investment and quite a gamble, but you never know, it could be like the yen and Iraq could be a viable and successful country some day. At one time, the dinar was worth the pound sterling, and it might never get that high again, but could be 4=1$ at some point instead of the 1,300 or so it is now.
2007-03-21 01:28:58 · answer #1 · answered by Anonymous · 0⤊ 1⤋
No stock is good for the short term. The stock Market is made for long term investing
2007-03-20 16:11:46 · answer #2 · answered by ML 5 · 1⤊ 0⤋
A good stock is "MAMA" it goes up and down constantly $2 to $6 about. Now it's on it's way down, so get ready!
I just started trading myself (with scottrade) I'm gaining about 10% per day. Here's what I do...
The second stock market opens I go to the "top % gainers" like here...
http://finance.yahoo.com/gainers?e=us
(keep in mind that this site is 15 minutes late, so streaming quotes is the way to go if you have that option)
I buy about 4 or 5 stocks that are anywhere from $1 to $5 per share. My budget is low now, so I buy about $500 worth, but boy! it's climbing fast :)
I think because they're the top movers, people like to invest in them. And ones they go up, they keep climbing. Sometimes one or two goes down but others don't, so you still come out on top! I usually buy when the market opens and sell about 2 to 3 hours later! that's it!
Check this out dude! do it right away cause it'll change tomorrow! Here's some stocks that bougt today... (they're under "Top % gainers"
http://finance.yahoo.com/q?s=CIPH
http://finance.yahoo.com/q?s=WEL
http://finance.yahoo.com/q?s=VLNC
2007-03-20 16:15:02 · answer #3 · answered by VIP 3 · 0⤊ 1⤋
Given the upheaval interior the industry interior the recent previous, that is amazingly puzzling to propose which you make investments short term funds in shares. ultimate option to propose could be a CD or a funds industry account.
2016-10-19 05:27:01 · answer #4 · answered by ? 4 · 0⤊ 0⤋
So......you're asking complete strangers, with no way of verifying their qualifications on an opinion to "invest" your money.
This is past gambling. It's plain desperation. It's also self destructive. Don't act stupid. We all do this. you have the chance to be smarter... RIGHT NOW...... be proud of yourself.... stop yourself.......... Investing is hard work, it's not gambling......
2007-03-20 16:15:07 · answer #5 · answered by Common Sense 7 · 1⤊ 0⤋
oil is going to go up this summer guaranteed. so you might want to buy into that but the stock isn't cheap
2007-03-20 16:10:48 · answer #6 · answered by Sundown 3 · 0⤊ 0⤋
There are several stocks at http://ibooyah.com - there are some there that you might be interested in. Good luck.
2007-03-20 16:07:09 · answer #7 · answered by Anonymous · 0⤊ 0⤋
danskin inc(dans) is now at .08 was $10 before and they just recieved 70 million for their name from icon .
http://biz.yahoo.com/bw/070312/20070312006121.html?.v=1
when they anounce they are relisting the stock should shoot to $1.50-2.00+ imo
2007-03-22 11:11:06 · answer #8 · answered by vetech_61 2 · 0⤊ 0⤋
A drug company that is coming out with a new drug.
2007-03-20 16:07:42 · answer #9 · answered by Colette B 5 · 0⤊ 0⤋