Okay how about NYSE Euronet/NYX; Buy Stock now, sell later when there is a profit?

Question

And how about Bankrate/RATE, buy stock now , sell later for profit? Yes I know it is a gamble..

Answer 1

Well, if you were talking NYX back in mid-September, woohoo would we be celebrating you today. I may be wrong, but I think there is a risk. Whether it falls or takes a breather before making another climb, I'm suspecting that its rocketship days may be over. I don't doubt it will eventually be worth more, but some stories I've heard is an anticipated lower earnings in the next quarter's report. If so, then you get it cheap for the next year's growth, so hold off for a little bit is my suggestion.

As for RATE, earnings last year were at 92 cents, over the almost 60 cents of the previous year. Estimates are for something shy of a buck and a half for this year and closer to a buck and three quarters for the following year. Hmm, if I were to get into either (and I'm not), I would be more tempted to buy RATE than NYX.

Good luck either way.

Answer 2

WHEN IT WAS AT 68, I WAS TOLD TO BUY IT. I DIDN'T, CUZ I DIDN'T LIKE THE STOCK. IF YR LOOKING FOR IT TO POP LIKE CME I DON'T THINK IT'LL HAPPEN.
I LIKE VMW, TELL YOUR FRIENDS ABOUT IT. IT CAN SOAR TO THE 150s.