Hot new stock pick.

[highpockets]

Several years ago American Airlines was some $ 1.30 per share. I had the idea that they were going under ad would not any. well they are some $34.00 now. 

I did buy delta at $0.64.   

[farmerdoug]

You could have bought KMart stock for that too.  The company is still here but the stockholders were screwed out of their money.  Never saw that coming but I did not buy any of their stock either. 

Farmerdoug

[maple flats]

The only stock that ever made me money was inventory stock to sell or make into a more valuable product. I'll buy logs, syrup bottles/jugs, you get the idea. I have an aunt who had a lot of stock in the company she retired from. It WAS worth plenty but the company ran into the ground. My aunt dumped it before many others but silll lost plenty. I bought some stock (mutual funds, 2 different ones) only put in $1000 several years ago but it is now only worth $230 about 10 yrs later, as I say I'll stick to inventory that i know i can improve it's value. However I do own some rental houses and have for over 35 years (but not the same ones), they have done well.

[Cedarman]

I've sunk a ton of money in my wife and especially the 4 kids. Hope is pays off when I get old.

[getoverit]

There was a time when all of my stock market purchases were "penny" stocks.

If you own...... say...... 10,000 shares of a stock and it is worth .10 per share, and for some reason the price of the stock goes to .20 per share, you have doubled your money. The more shares you have, the more money you make. In this case, $1000 profit.  Of course if you had owned 100,000 shares, you would have made $10,000 profit.

This is what the spammers for stocks are hoping... that because of their e-mails you will cause a temporary bump in the stock price so they can make money quickly.

[Mooseherder]

The only stock I have ever invested in is for the company I work for and a Stable Value Fund.
You can see and feel the pulse/direction of where the price of the stock is going when you are in the buildings.
This can be a dangerous strategy in the long run if you don't keep an eye out for the Key performance indicators like same store sales, net profits, market conditions, company debt, price to earnings ratio, money in the bank, forward planning and the biggest IMO (current leaders of any company).
As an example, If you look at what the Orange big box gave as severance to their departing CEO a couple weeks ago, 200 Million! .  There is a company I would never invest in. That is just nonsense and their stockholders should be upset.
My theory is invest in something you know about.
Looking forward long term for me, Me thinks I am gonna invest in myself. ;D

[Fla._Deadheader]

  Back when I used to work out of the house, I had my previous wife watching the
CNN channel. I instructed her to make note of "Movers" either up or down.

  We worked well together, and made some good money on "Dish Network" stock, among others.

  I had an online trading account.  Then, along came Enron and That other Energy Co. Mutual Funds were too slow to stop the slaughter, and we lost out >:( >:(

  I prefer trading for ME, NOT for them overpriced "Brokers".