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 Jan 14 2008, 07:54 PM
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#1
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 AKA RockIt Studios  Group: Official Member Posts: 2,286 Joined: Jun 2006 Member No: 421,809  |
maybe this goes somewhere else...?
 anyways. anybody know of any stocks doing somewhat good right now? i don't want too good 'cause they'll go down. so something that either has the history of rocketing after a minor crash, or something kinda just in between. and no, this is not for the real stock market... help appreciated. :] |
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| *yrrnotelekktric* |
Jan 14 2008, 07:55 PM
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hm. i wouldnt know.
 i`d probably say coca cola or something? |
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Jan 14 2008, 07:58 PM
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#3
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 ^_^ Group: Staff Alumni Posts: 8,141 Joined: Jan 2005 Member No: 91,466 |
I wouldn't invest in any major corporation right now. My investments are hurting bigtime. With the DOW jumping up tremendously every month, I feel like I'm losing money. But if I cash out, I'm only going to get 14 grand, versus the 10 grand of inital investment.
Upstart companies are a huge risk, but sometimes worth it. I suggest you research certain companies that are on the come up, then do research about the owner(s) and the company's vision. If it is on the brink of a higher corporate backing, then money is to be made. Anyone else by MySpace stock right after Tom sold it? ...I did, I just wish I would've put more into it than 100 dollars. >_< |
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| *yrrnotelekktric* |
Jan 14 2008, 08:04 PM
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#4
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^woah, i didnt even know Tom sold it.
who bought it? |
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Jan 14 2008, 08:10 PM
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#5
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^_^ Group: Staff Alumni Posts: 8,141 Joined: Jan 2005 Member No: 91,466 |
Its a little more complicated than that...
He is still the president and CEO of his own company, however, corporate partnership (Amazon, MTV, Comedy Central, NY Times, etc), gives him less power. All of the major corporations he's now partnered with gives them a stake on how things are run in the respective department of the site. In turn, Tom makes more money, but if he decided to say, "Nah, f**k y'all niggas, we do this MY way," they can pull out like a college kid without a condom. That will take away a given market and Tom will make less money. |
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Jan 15 2008, 05:15 AM
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#6
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 Senior Member Group: Official Member Posts: 4,750 Joined: Apr 2004 Member No: 10,581 |
I haven't invested yet.
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