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The Trading Floor (Investing, Stocks, Bonds) Discuss investing and investments here! Do your own due diligence before investing. We are not responsible for any advice or recommendations within this forum!

 
 
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Old 06-04-2012, 04:38 PM
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"W" "W" is offline
Catch fish in DA face!!
 
Join Date: May 2009
Location: Big Lake LA
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Quote:
Originally Posted by mikedatiger View Post
You may get lucky with this stock, and I hope you do, but putting money into this is no different that putting it all on black at the roulette table. What's the P/E of this stock? I'll answer that for you - they don't have one because it has never turned a profit. If you buy it you are basically buying debt, and a ton of it, with the prospect to make money but that's just it, a prospect...

Hopefully it gives you a short term bounce

You can ask Will E Fish on this...me and him have been riding this stock for the good over a year or so...

I have made enough on this stock that if he tanked I would still be ahead today at buying a ton of shares at 11.55...
I also sold some AT&T today and bought more at 11.27

This stock will pile up to 14 and I will sell half then sell the other at 15 up
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