VIDEO ON MSN MONEY
Apparently, your own chance for a cheap stock to skyrocket, is for it to have a name really close to a BIG target and a bunch of fools go after it by mistake (NEST).
It's impossible for ANY stock to run unless you get in just before BIG does. The onset of fund groups was terrific 25 years ago but today they are mega-party spoilers. There aren't enough individuals left to offset one or two BIG players. Like in everything else--- the divestiture or elimination of BIG needs to happen or we are screwed.
Now we have a chance to invest in the Stock Market at a bottom dollar, Or should I have said now the "Bottom Dollar" has a chance to invest in the Stock Market..
As we begin to see the market go from "Bull" to "Bear" and logic starts to override greed the "Brokers'" are looking for ways to entice those who have missed out on the big surge 2012-13 brought to the DOW, to now get in the "Stock Market" while the time is ripe.. Or entice those who have nothing to begin with to invest the "little savings" they can muster up after a week of "Tuna Casseroles"
Why not invest in the "five dollar' trades?
1) The market is flat? CEOs are selling their own stock at a staggering rate.
2) 1 trillion dollar spending spree for the government "just to exist" until Sept. of 2014
3) Banks are still weak from the bad loans and no oversight forecast "No accountability"
4) A 17 trillion dollar debt with no bottom insight
5) The government can't continue to be the "No. One" buyer in the bond market and continue to
print money as though they're manufacturing "Toilet Paper"
Since this was about the "five dollar" stock and the five reasons was a bit of a pun, on the title, I had to leave out the obvious.
NO JOBS... For those who have been without work for over 96 weeks.. and we keep sending them a check every week for not working.. And if we were to stop the checks, the housing market would fall back to the dark ages, the car industry would tumble to the likes of five years ago, stores like "Best Buy" would see a market crash, and J.C. Penny would close their stores.. Oh they have already!!
"LA- A Los Angeles councilman proposed Wednesday that the nation's second-largest city consider ending tens of millions of dollars of financial ties with troubled JP Morgan Chase & Co. A motion introduced by Democrat Gil Cedillo seeks a review of city business with the nation's largest bank, as well as an analysis of legal options to end those contracts. It said a city retirement system holds over $100 million in JP Morgan stock and investments, and the city has a line of credit with the bank. The motion also suggests disqualifying the bank from doing further business with City Hall. "We need to review the impacts that the repeated investigations, lawsuits and settlements involving JP Morgan have on our investments and holdings," the motion concluded."
Read it now, weep later when you realize you failed to grasp the broader picture. Goldman Sachs and JP Morgan Chase Manhattan Bank One et al... are toxic substances. Each played a major part in triggering Global Economic Demise. To be a client is to be exposed to the losses that are right now- only just beginning. Fines and settlements are one thing, but $400 MILLION a day is being spent worldwide on the associated legal defenses and attempts to overturn legislation that reins them in. Further, with the Party of NO unrelenting in the blockade of recovery efforts, the hand-writing is on the wall for their political allies and puppets. At one point, that HAS to dip into YOUR pocket. In less than 3 months, you will know what a "bail-in" is and you won't like it.
What, didn't get enough simpletons to buy this the first time around? (Story initially ran 1-16-14.)
The only ones making money will be the current owners of these hapless stocks who create the inflated buzz and then unload their shares.
A word to the wise........
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[BRIEFING.COM] The stock market finished an upbeat week on a mixed note. The S&P 500 added just over a point, holding its weekly gain at 1.0% while the Nasdaq lost 0.4%.
The major averages began the day on an upbeat note, but relinquished their opening gains during the first 90 minutes of action. The early sentiment was boosted by a better-than-expected nonfarm payrolls report for February (175K versus Briefing.com consensus 163K), but a closer look into the report suggested that ... More
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