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Friday, January 14, 2005 5:59:44 PM
I am a newbie to the whole trading thing.. and I dont have a lot of money. I have been reading you guys for a couple days now and you provide some intersting information. Alot way over my head. Shoot I didnt even know what MM was, but found out it was market maker, then went and read up on it...some real interesting stuff.
Anyway I had $800 saved up and was looking for something to invest it in after some looking arund ...course I am looking for that homerun stock to get me a boost. I bought 45,000 shares in december and watch the price drop...Now I cant believe it. I have doubled my money. I almost sold today, but I held back. I know $800 wouldnt seem like much to a lot of you, but its a good chunk for me..and hey you got to start somewhere right?
right now I am torn.. Do I sell half of my stock and then basically the half I still have is FREE. Or do I take the extra $200 that I have right now and buy some more of it.
The thing that intersts me is if these MMs are buying up like crazy the thing has to keep shooting up right?
I know the only thing ever guaranteed is death and taxes...go easy on me
thanks
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