HappySqurriel said:
CChaos said:
Faxanadu said:
So now is a god time to buy stock, right?
Just joking... |
Actually, not that BAD of a time. If you've got money burning a hole in your pocket, you're not worried about the stock going down further and if you feel that Sony's stock will eventually rebound, then it's actually a great time to buy stock in them. It's like buying penny stocks, in a sense. All the company needs is a really good product or business plan to bring them around and the stock will jump again. If they bring a product that is good enough, then the stock rebounds more.
It's always good to remember that in the mid-90s, Apple was a failing company until the iPod. Now they're the largest valued company in the world. You never really know when a potential gold mine is staring you in the face, but it always comes with risk. I imagine there are some people who are laughing as the Sony stocks plummet, not because they want to see it burn but because the lower it gets, the more they can buy and then wait to see what happens with Harai's business plan.
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There are a lot of ifs there ...
I don't personally think Sony is a good investment now, and I think they may continue to decline for some time.
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Oh, without a doubt, a LOT of 'ifs', but that was why I mentioned the issues with doing so. There are always those who are willing to take a bit of a risk when it comes to lowering stocks of corporations. I simply mean that at $12 a share or so, it's inside the range of an average stock gambler these days instead of being out of reach to the average individual.
I agree completely that there will likely be more bad than good until things come around, but you never know what might bring them around again.
