Is this stock set to rise?

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  • RedShoe
    赤い靴 call me 202-456-1111
    • Feb 2001
    • 14831

    #1

    Is this stock set to rise?

    BNK
    http://finance.yahoo.com/q/bc?s=BNK&t=5d

    It goes up and down like clock work. The last several days it's been very steady, straight across the board, then today, this morning it dropped nearly 6 points. and it's been on the steady rise ever since. It looks like it's heading back up those 6 points to level off again.

    Is this worth a quick short term investment? Just to ride it back up to it's drop off point.

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  • Bigwilly
    Confirmed User
    • Oct 2003
    • 1101

    #2
    if anyone knew for sure the stock was going to go up then it wouldnt be called playin the stock market

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    • RedShoe
      赤い靴 call me 202-456-1111
      • Feb 2001
      • 14831

      #3
      well, I call it investing. But I don't know enough abou the market to know if it's a wise thing or not.

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      • Easton
        Too lazy to set a custom title
        • Sep 2002
        • 9825

        #4
        read the news on it, then you'll see why it dropped 7 bucks
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        • Barefootsies
          Choice is an Illusion
          • Feb 2005
          • 42635

          #5
          Take your bling bling to Vegas or the horse track.

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          Enough Said.

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          • MGPspots
            Confirmed User
            • Jan 2005
            • 422

            #6
            Nope, risk is likely to be on the downside. The rally you saw is most likely short covering (investors who were short the stock pre the collapse were locking in big profits forcing the stock price up). A short covering rally is not a rally at all...
            SIG TOO BIG! Maximum 120x60 button and no more than 3 text lines of DEFAULT SIZE and COLOR. Unless your sig is for a GFY top banner sponsor, you may use a 624x80 instead of a 120x60. Let me repeat... A 120 x 60 button and no more that 3 lines of DEFAULT SIZE AND COLOR text.

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            • Fred Quimby
              Confirmed User
              • Jul 2004
              • 5430

              #7
              Originally posted by Easton
              read the news on it, then you'll see why it dropped 7 bucks
              werd

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              • nojob
                The Original NoJob
                • Feb 2004
                • 3682

                #8
                i dont think i would take stock advice from GFY.

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                • Bigwilly
                  Confirmed User
                  • Oct 2003
                  • 1101

                  #9
                  redshoe if you wanna make a low risk return on your investment, invest in mutual funds, do some research online.

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                  • RedShoe
                    赤い靴 call me 202-456-1111
                    • Feb 2001
                    • 14831

                    #10
                    I've been hearing that mutual funds are a thing of the past and that more people are switching to ETF's.

                    Do you know of any ETF's that are hot right now?

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                    • Xenophage
                      Registered User
                      • Oct 2001
                      • 12122

                      #11
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                      • Johny Traffic
                        Confirmed User
                        • Apr 2003
                        • 5461

                        #12
                        well being as though I dont have it it may, but if I had it, then dont touch it, I always loose on stocks and shares


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                        • RedShoe
                          赤い靴 call me 202-456-1111
                          • Feb 2001
                          • 14831

                          #13
                          http://finance.yahoo.com/q/bc?s=BNK&t=5d


                          I'm curious to see if it'll get back to 36

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