Posted by: hukka_nepali May 22, 2007
Anyone into Stock Market?
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lemme add one other thing if i may...since some of you are talking about stock price. the bottom line is, cheaper or expensive it is all about the percentage. dollar amount wise 2% on a $20 stock is more than 2% of a $2 stock but if you had $1000 invested in both stocks, you made $20 on each stocks. i know it is tempting to buy cheaper stocks as we feel like there is more upside to it but there are obvious reasons for it be at that price. so, it is wise not to get too caught up on the price of a stock but rather focus on it's business and the sector it is in.
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