General Question

FGS's avatar

If you dabble in the stock market, do you have any choice picks of cheap stocks that look like they're on the rise?

Asked by FGS (1927points) May 11th, 2009

I just started playing with this and have been moderately successful, I’m looking for some good picks.

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10 Answers

FGS's avatar

@YARNLADY I was looking for something a bit more on the small side. When I said I dabble, I really mean just dabble.

YARNLADY's avatar

@FGS One share is only $18. We currently have a 5% trailing stop order.

FGS's avatar

@YARNLADY I may look at more closely later, but for now I think its best for me to think small and make a bit of a profit before I delve into something bigger….I have limited funds that I’m working with.

YARNLADY's avatar

Could you be a little more specific? I don’t see how you can get much smaller. PM me if you want.

FGS's avatar

@YARNLADY I can buy 200 shares of $.20 cent stock that goes to $.65 and make a $130 profit or 11 shares of $18 stock that goes to $18.45 and make a $4.95 profit…does that clear it up?

YARNLADY's avatar

Go to Las Vegas. Any stock $5 a share is a gamble, so have at it.

FGS's avatar

@YARNLADY All stocks are a gamble, but they pay off needs to be worth the risk.

YARNLADY's avatar

@FGS Gamble? Maybe, but Hubby does a lot of research into the companies we invest in, he is one of the smartest investors in the country, and has been recognized in many ‘lay’ investor groups.

His suggestions to you: WEL, SLP, AMS

FGS's avatar

I will check them out, thanks!

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