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hypothetical question about what you do AFTER silver spikes or you sell...
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<p>[QUOTE="medoraman, post: 997063, member: 26302"]All of those stocks you mention had the same problem, obscure income from non verifiable sources. That is why they could go high and go down quickly. I never advocated investing in any of them, even before they crashed. Like Cloud said, a person would need to do their homework and not treat stock market picks like playing at a dog track. If you do, it truly is a crapshoot like you describe. I do my homework, pick companies on fundamentals and what I think growth prospects are, and do alright. If someone was lazy, just get a hold of Berkshire Hathaway's annual report and see what they invest in, and simply invest in the same things. They have the same philosophy as I and many investors do, wanting veriable returns from a well performing company.</p><p><br /></p><p>Edit: Sun shouldn't be lumped with the others Sun's problem really was overpricing and not moving with market technology. I still never liked the stock.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 997063, member: 26302"]All of those stocks you mention had the same problem, obscure income from non verifiable sources. That is why they could go high and go down quickly. I never advocated investing in any of them, even before they crashed. Like Cloud said, a person would need to do their homework and not treat stock market picks like playing at a dog track. If you do, it truly is a crapshoot like you describe. I do my homework, pick companies on fundamentals and what I think growth prospects are, and do alright. If someone was lazy, just get a hold of Berkshire Hathaway's annual report and see what they invest in, and simply invest in the same things. They have the same philosophy as I and many investors do, wanting veriable returns from a well performing company. Edit: Sun shouldn't be lumped with the others Sun's problem really was overpricing and not moving with market technology. I still never liked the stock.[/QUOTE]
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