Quote:
Originally Posted by Finnster
I gotta try this for practice for real life. Looks a lot less painful. :)
Been doing OK lately, the whole rally since Mar has been good, but I'm worried that the market is looking to correct and pull down a bit. 2Q is almost up, and IDK how well the earnings will boost things back up. My thought is things will be a bit sobering.
Have to give this a try :)
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Since I started this game, if I had done exactly what I did, I could've cashed with a nice return. The market right now is a bit complicated. One day you can see a Pharma company gain over 500%, but the next it'll probably drop that much
. A lot of investors now are in it to make a quick profit and cash out. If you know how to surf, you can put that into the stock market now. You will get some good waves and those waves will eventually break and then there will be that one wave that is the biggest from time to time. If one has the real $$$$ to invest right now, there are a lot of good companies that are down 30-70% from their highs so it's a good time to hold some stocks for the long run. If you are in it for a quick profit, do your homework and look into the Pharma sector as any little news regarding new drugs, phases and FDA approvals comes up the stock goes up to the moon, just make sure you cash out in time.