InvestorsHub Logo
Followers 54
Posts 7809
Boards Moderated 0
Alias Born 06/13/2006

Re: ruREDe post# 86251

Friday, 07/10/2015 1:54:26 PM

Friday, July 10, 2015 1:54:26 PM

Post# of 92948
Another golden rule taught to me by my late father who
was an extremely successful investor is to never buy a stock simply because it is cheap.
Thus I would argue here that while it is certainly nice to get a recommendation such as today,
that in itself is not enough to assume that the company will be successful.
More importantly I disagree with the use of the word potential and that a $5 stock has more upside potential than downside potential.
Potential for me refers to the company and its ability to execute a plan and not the stock price.
Thus if one has doubts about this company, it could just as easily be argued that from
an investment point of view, the downside risk is greater.
jmho


Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.