2007-11-01 16:13:30 · 4 answers · asked by Dominic m 2 in Business & Finance ➔ Investing
no way it's going back up. wait for the uptick from people like you thinking that it will, and then short it.
2007-11-01 17:00:01 · answer #1 · answered by Josh77_98 2 · 0⤊ 0⤋
Would you catch a falling knife?
Wait until there are clear technical and fundimental reasons to do so. After all.... it's your hard earned cash.
Never buy a stock because you think it's gone too low.
Don't buy on a retracement just because it's gone up from
the "bottom". It can always reverse.
This stock will most likly continue down or be dead money. Why would you invest in either?
BTW: You need to read some good books on investing. Your question reeks of inexperiance. Ie, Why would you ask strangers, whose qualifications and motives can never be known, how to invest your money? Would you have just bought CROX because more people on this site said to do so? Would that be smart?
Think about it.
Don't ever buy a stock because you "think" it's going up. Don't buy a stock because it's a great company.
2007-11-01 23:27:26 · answer #2 · answered by Common Sense 7 · 1⤊ 0⤋
Jim Cramer answered this exact question on his show tonight. His answer is an emphatic NO! Stay away.
2007-11-01 23:25:49 · answer #3 · answered by Tom H 4 · 1⤊ 0⤋
no come on would you wear those???
2007-11-01 23:39:16 · answer #4 · answered by Greg M 2 · 0⤊ 0⤋