If you had $5000 right now and i said you can invest in
Company A - which has risen 500% in the last 12 months and looks set to continue
or
Company B - A comoany thats gone back 50% int he past 12 months and things look better but not great.
What would you invest in.
Dont worry, i hope i know your answer.
Well isnt your $5000 once you own a stock bound by the same constraints. Isnt $5000 stuck in a poor performing stock better to be in a growth stock .
It aint rocket science guys......
Investing is about learning form mistakes and constantly becoming a better investor, not about staying in crap and burrying your head in the sand hoping for the best.
The wrting on the wall pointing to what was happening in this stock sickens me that people still think its a worthwile investment.
On a seperate note- Yes Iced you are exactly right - the directors of this company and managment are way way over remunirated, even compared to thier peers who are successful.
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