Investing 102

[GregWeld]

Originally Posted by GregWeld

RE: Picking up "flyers" --- I bought 5000 shares of GOOSE (GOOS) this morning. We'll see if it's IPO can hold on to the gains. Sometime you MUST buy these kinds of stocks because they can be spectacular --- or they can ruin your return.... LOL

I should have put in the "newbie" asterisk -- that taking fliers on IPO's is for idiots and gamblers..... NORMALLY I'd advise you to wait for 1 or 2 quarters of reporting earnings before I'd step in front of the train. But I can afford to take these teeny fliers once in awhile. Sometimes they work - most times they don't.