Saturday, December 17, 2011
Stock Market can be a Scary Place
Investing and/or trading in the stock market can be a little scary. The old adage is buy low-sell high. That is the principle idea behind the way I like to invest. But not all stocks are created equal, there are a few popular stocks out there that have gotten beaten up really bad and there are buyers out there who think investing in them maybe a good idea. The 3 that come to mind are First Solar, Netflix and Research in Motion (blackberry). Beaten down value? I don't think so. The subsidies for solar are drying up. Netflix is a broken business model and Rimm should fire every computer engineer in the building.