06-03-2010, 11:59 PM | #267 |
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I have my conservative stocks, this is more like a big chance, and I would not like to loose the chance. remember when Apple was like 95$ and today is $263.12?
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06-04-2010, 12:00 AM | #268 |
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06-04-2010, 12:09 AM | #269 |
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if i know inside info and pretty much is a sure win situation, why would i not risk 4k to make 100+k?
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06-04-2010, 12:16 AM | #270 |
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Is more like a 45/55 chances, 55% of make it
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06-04-2010, 12:29 AM | #271 |
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If you have special info, then its a no brainer. Of course do it. You would be stupid not to.
I mean, everyone here would easily spend $3K on a set of BBK, or set of BBS, or Mtech kit with paint, etc, etc, etc....and it no big deal. All of which, lose their value like no tomorrow. So, taking that amount of money in order to get x25 return--on some credible info...easy decision.
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06-04-2010, 01:10 AM | #272 |
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sounds to me like you don't know much about options. i would advise to withdraw all the money you invested and learn more about them, and maybe start messing around with play money. options look easier than they are, trust me
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06-04-2010, 02:25 AM | #274 |
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I say do it. 4k is not a lot of money if we are talking about stocks. If you got the right info about the company then what is stopping you. I would do it in a heart beat.
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06-04-2010, 02:56 AM | #276 |
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Greece.
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06-04-2010, 04:01 AM | #277 |
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it's fully possible, especially if it's a penny stock thriving on news.
My family made a little over a million a couple years back on 30K investment on a penny stock pharmaceutical company that a family friend worked for and it was supposedly on the verge of coming out with a "cure" for cancer. We would've made more but it was OTC and we couldn't off load it fast enough before it came crashing down when the "real" news came 9 months later. The trick is not to be greedy and offload it in batches and start early before you think it's going to tank. |
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06-04-2010, 10:57 AM | #278 |
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Well as I said,I did got the stocks and is a good price even if is to loose. I guess I will let you guys know how it goes. I believe the risk was acceptable.
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06-04-2010, 11:07 AM | #279 | |
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You always seem to give really bad advice. I would personally say, given the fact you claimed you have inside info, it is not worth the risk.
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06-04-2010, 11:22 AM | #280 |
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Never said that, I just said that I know somethings that are going to happen and I don't know how public that is. FYI That does not means inside info.
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06-04-2010, 11:28 AM | #281 |
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$4k is a small risk with hopes of making a large return. I just did something similar. Make sure you put a stop at a certain price, that way you don't lose $.
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06-04-2010, 12:17 PM | #282 |
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Well I can tell you for certain that you first mistake is seeking advice on this forum from complete strangers. I'm all about approaching a deal or decision from different angles, but really?
Your second mistake is putting too much importance on this "insider" info that you purport to have. More often than not, inside info, positive or negative, isn't going to sustain a stock or keep it in the dumps for an extended period of time, which is what you have said that your strategy is. Different factors come into play when you are talking long-term. It really depends on what kind of inside info you have. Earnings? Event? If it's earnings, then all that is going to tell you is that they have potential in the future. My point is, if you go into a long-term investment with the expectation that your investment is going to go up 25x in value (which you indicated in your first post as your goal), you're going to get burned 99.9% of the time. The stock market is not that simple.
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06-04-2010, 12:22 PM | #283 | |
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I'm picking on your choice of words, "small risk". "Large return" is relative to the amount of money that you risk. If you risk 8k and make 25% on your money, you would have made twice as much as if you had risked 4k and made 25% on your money. The more you risk, the more money you have the potential to make, but it is proportionately equal to the amount of your risk. You need to be thinking about risk as far as how much you are putting in versus how much you can expect in return, not how damaging a loss could be to your portfolio. Never make an investment if you cannot afford to be wrong. The guy that was on here a while back saying that he was down 80% of his savings in one day because he wrote an uncovered call (which has unlimited downside potential) did not heed that advice. Of course, he also didn't understand that he wasn't technically out that money yet. Point being, you need to always fully grasp what you are getting into.
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06-04-2010, 12:32 PM | #284 |
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Hardly remarkable and that's not really an outstanding gain considering the money people (myself included) have made in financials. If anything, I would buy Citi and just sit on it. I played the FAS and BGU ETFs and made almost triple my money in a few months. I've taken most of it off the table now but you're making this thread about a year too late.
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06-04-2010, 01:31 PM | #285 | |
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And long term does not means I will not trade my shares when I think is the right time. Loking for opinions if this had ever happen to you? Or do you belive this could really make that much (25x)? Honestly I would be pleased with a 20% return on this market. |
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06-04-2010, 02:44 PM | #286 | |
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