Re: 2+2 Stock Trading Competition
Hi gvibes,
Good luck in the contest. Anything can happen. But stocks that are making 52 week lows usually means something is wrong. Would you buy a big share in a poker player who lost 40% of his bankroll in the past month with the idea he's got nowhere to go but up? This is why most people get broke in the market. Enron went from $90 to zero in 6 months. The analysts recommended buying it all the way down until it broke below $15. fwiw
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