View Single Post
Posts: 322 | Thanked: 218 times | Joined on Feb 2012
#114
Originally Posted by number41 View Post
So, let's indulge ourselves in a little thought experiment:

No matter how much of an WP evangelist one might be, the line between religious devotion and overly-optimistic investing probably gets drawn at the point when one actually considers that a given company might, no matter how good the product, end up failing and bankrupting itself.

So, let's assume Nokia goes bankrupt. The "stock is so low, tiem 2 by moaaar" crowd, I mean duo, gets stuck with a crapload of stock belonging to a dead company.

Once things go down south, how will price react, and what opportunities arise for making a profit out of those share? And, more likely, is there actually any way to make such profit?

In short, what happens to stock owners once Nokia gets comfy in wooden pajamas, and proceeds to gulp down some grass juice six feet under?
This is redicullous. You can't be a fanboy and a trader at the same time. Not if you want to make money in the stock market. You can get luucky of course, but if luck is your main asset you are better of on the race ttracks.

You get the phone(s) you want based on whateve, looks functionality smell ... You buy and sell stock based on some kind of analysis, and you do it to make money.