If you read your post about this -- it sounds like a troll pump and dump. Not dissing you personally - and you make some decent points. But this is investing 102 --- which means people just getting started. There's no room for sophisticated research -- or gambling -- or foreign holdings..... this is SIMPLE investing -- dividends - some growth - safety - reliability - understanding the fundamentals. When people have 2 or 3 hundred thousand dollars in investments -- then that's a different thread... where people can stretch a bit or gamble a bit. At that level - they should be getting 10 or 15 or 20 thousand dollars a year in dividend income.... and the compounding starts to really take hold...
If you're playing with 10,000 total investable dollars -- why try to make it 2,000..... money is too hard to come by to gamble with it. That's not to say some people win the lottery.... that's not to say someone might gamble 10K and wind up with 100K... but more often than not -- that 10 becomes 2. I'm trying to get people to TRUST in the stock market and take baby steps - and get some solid rewards - and be able to live thru the ups and downs - without getting ulcers or bailing out.
Quote:
Originally Posted by JasonElvisHeard
my point was more about the unusual aspect of how markets work. What was in essence a failed stock is now posting increasing profits in a different market. If I were to say that Dish was going to take blockbuster to mexico and make over 100M in 3 quarters I'm sure you would have the same response (me too), but they did and it seems the platform is doing really well down there.
I just noticed it because it was unusual, something that failed here is growing and posting increases in revenue / profit. Only time will tell how long this can be sustained but the parent company knows the market very well along with several ideas on how to increase revenue / profit (because revenue is nothing without earnings).
I'm also not saying go and buy it now, simply pointing out that undervalued situations can pop up anywhere. Ill check it in a few months to see how things are going. It is very unusual that something can fail so bad here then come back so strong in a different market with a refined product offering.
|