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Reply To: Time to buy stock?

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#711812
Anonymous
Inactive

Online gambling will survive … in some form.
But what makes you feel able to pick the publicily listed winners?

Right now public companies are having to leave the US market – and it is private companies who are likely to emerge stronger. Public companies are triming estimates – recalling dividends and basically looking shell-shocked.

Yes – the stock prices are low.

But that’s because people who originally owned them (and who surely studied the situation carefully) still decided that the lower price was a better deal than holding onto them.

I see no reason to try and time the upswing in publicly listed stock prices – wait until you see a material reason to get back into specific stocks.

(just my 2 cents – trying to save your 2 cents)
:popcorn: