Monday, December 13, 2010

Rocket Stock or Dud? - The Money Times http://dlvr.it/BKl1m

1 comment:

iowac said...

This article talks about 3 stocks Magna International, Las Vegas SAnds, and Chipotle Mexican Grill, and they are right any good stock today can turn south if you are not paying attention, but the indicators will be in the technical data, earnings and sales numbers and doing homework. Not just diving in because everybody and their brother is. You remember the housing bubble right, still sorta going on now. Many in areas like California wer Van Winkled into buying a 500k home just before the bubble burst and they didnt even make 100k a year income. They were told, oh you can afford it, and plus in 5 years you will double your money, just get a no interest loan for 5 years. You know how many of those stories ended and are still ending today. Chipotle will continue to climb as long as they keep showing good earnings and management. The big investment companies have to be there buying shares also. Regular folks like you and me do not drive huge gains, it is the buying power of big brokers. Do your homework and don't get Van Winkled because everyone else is buying.