speedyf
DIS Veteran
- Joined
- Jan 22, 2004
- Messages
- 1,051
It's tough to get in right now because everything is almost 50% down from about October of last year. Will it go down more? or...which stock will make the biggest run back up?
I mean...you are looking at stocks like Cisco, Intel, Disney at under $15...etc.
I'm not really any kind of expert...but, the other thread linked in this thread said that some of the experts are lowering their expectations for Disney's earnings for 2010 from $2.04 per share to $1.45 per share. The stock is already 50% from October 2008...I would think that some of that downgrading/bad news would be built in already to that 50% drop. I also think that any company still posting a good profit and offering dividends would be able to at least keep it's stock price afloat.
I purchased some shares at $15.95 last week...but, kept some money aside to purchase more if it goes down (average down) or to purchase something else that looks to be a good value.
I didn't put much money into it...as I feel like it is gambling....but, I didn't want to kick myself for not investing in something when the stock market is so low. I know that if the market goes back up to the 9000's by the end of the year or early next year, I will be kicking myself for not buying something when it was in the 6000's....lol.
Speed
I mean...you are looking at stocks like Cisco, Intel, Disney at under $15...etc.
I'm not really any kind of expert...but, the other thread linked in this thread said that some of the experts are lowering their expectations for Disney's earnings for 2010 from $2.04 per share to $1.45 per share. The stock is already 50% from October 2008...I would think that some of that downgrading/bad news would be built in already to that 50% drop. I also think that any company still posting a good profit and offering dividends would be able to at least keep it's stock price afloat.
I purchased some shares at $15.95 last week...but, kept some money aside to purchase more if it goes down (average down) or to purchase something else that looks to be a good value.
I didn't put much money into it...as I feel like it is gambling....but, I didn't want to kick myself for not investing in something when the stock market is so low. I know that if the market goes back up to the 9000's by the end of the year or early next year, I will be kicking myself for not buying something when it was in the 6000's....lol.
Speed
