I just blew so much money on a stock and need to make it back. Anyone know of a corporation that just went public and whose stock is skyrocketing right now?
2007-09-24 17:50:35 · 8 answers · asked by Anonymous in Business & Finance ➔ Investing
actually, no short answer to that questions. what i can suggest is that, revise back your trading/investing strategy. choose the one that fit your financial capability, financial goals and and your risk appetite.
2007-09-24 21:06:33 · answer #1 · answered by BigBen 5 · 0⤊ 0⤋
Your question cannot be answered. If anybody knew that answer, they would have invested all their money and even borrowed funds into the stock and now be living in Maui with a supermodel.
The stock market as a whole is in a very volatile state and investors, especially the big funds which is most important, are too "jumpy." Sometimes you have to ride out a wave and hold on tight. If the company was good enough to invest in, then it should have been good enough to hold on to.
Any advice you get on a specific stock regarding public forum such as this should be taking with a grain of salt. Quite often people have motives to why they are recommending a company. Some may have the best intentions but simply do not know. There are companies that I like for both long and short term investments BUT recommending them may not be in your best interest because I am not a professional nor have any qualification to give such advice.
I find it best to ask, what are your investments and why did you buy them?
To answer this question...
Here are my >5.00 investments.
LUM - Short term play on a very volatile market. Has a tendency to move quickly with any news (up or down).
*RAD - I like this stock for a longer term. I shop at Rite-Aid and feel it could take a business from CVS and Walgreens.
PTN - This is a dead dog. I am hoping to make some money back then sell it.
CCBEF.ob - This is a Canadian stock and a long term play. I feel it will be a true winner in some time. Their Organic baby line (I feel) will be key!!
TCX - How long can this company trade sideways?
*Rad is currently @ 5.07
Best of luck.
2007-09-25 00:59:20 · answer #2 · answered by AntDU 5 · 0⤊ 0⤋
High potential return means high potential risk. When you put your money in a "skyrocketing" stock you greatly increase the chance that you are going to loose many.
Regardless of how painful it is, the loss is over and that money is gone. Your main goal now should be to avoid repeating that mistake. Rather than trying to get your money back on a single stock, establish an investing plan that seeks to make a reasonable return over time.
2007-09-24 22:55:14 · answer #3 · answered by Mystery 6 · 1⤊ 0⤋
look at QID. its an etf that short the market. if the market goes down because of recession or fear, this one a good one to hold short term.
otherwise, sit back, and take the loss. You may be taking to much risk and may make rash decisions trying to make your money back. sometimes a bad trade was just an expensive lesson.
2007-09-24 17:57:17 · answer #4 · answered by slara512 2 · 0⤊ 0⤋
Why might you choose shares that are exceedingly risky? To do away with the risk-free practices specific threat you choose an excellent portfolio no longer a small one. you initiate with much less risky shares and then circulate to greater risky shares, no longer any opposite direction around.
2016-10-05 07:51:33 · answer #5 · answered by ? 4 · 0⤊ 0⤋
NASDAQ: MEAD If u check their graph, u'll see an annual cycle over the past two years. Now's the time to buy!
2007-09-24 18:23:41 · answer #6 · answered by Michaelsgdec 5 · 0⤊ 0⤋
It's not new, it's not exciting, but I think you're more likely to do well with Exxon than anything that's new.
2007-09-24 18:33:20 · answer #7 · answered by Katherine W 7 · 0⤊ 0⤋
Any big bank.
2007-09-24 19:02:41 · answer #8 · answered by Anonymous · 0⤊ 0⤋