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-   -   Is this stock set to rise? (https://gfy.com/showthread.php?t=438941)

RedShoe 03-02-2005 09:08 AM

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.

Bigwilly 03-02-2005 09:12 AM

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

RedShoe 03-02-2005 09:19 AM

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

Easton 03-02-2005 09:35 AM

read the news on it, then you'll see why it dropped 7 bucks

Barefootsies 03-02-2005 09:40 AM

Take your bling bling to Vegas or the horse track.

:pimp

MGPspots 03-02-2005 09:43 AM

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...

Fred Quimby 03-02-2005 09:44 AM

Quote:

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

werd :Oh crap

nojob 03-02-2005 09:48 AM

i dont think i would take stock advice from GFY.

Bigwilly 03-02-2005 09:48 AM

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

RedShoe 03-02-2005 10:02 AM

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?

Xenophage 03-02-2005 10:41 AM

ewz barzil index
eem emergin markets index
xle energy index
iyr real estate index

MIX myspace

for base holding

spy s&p500
dia dow jones
qqqq nasdaq 100
iwm small cap

Johny Traffic 03-02-2005 10:45 AM

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

RedShoe 03-03-2005 02:36 PM

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

http://ichart.finance.yahoo.com/w?s=BNK
I'm curious to see if it'll get back to 36


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