Question about Sony and the recession.

[Euphoria14]

NJ5 said:

Euphoria14 said:

 

I will have to check those sites out then.

They are stocks that cost around $.20-$.25 each, I have wasted money on worse to be honest, plus this company happens to exist in an industry that I feel gives it a pretty decent chance at a rebound. Even with the economic situation.

I look at it this way, buy breakfast for the next 5 days before work (which I really don't need, I can just eat at home) or buy 228 stocks a week. One only brings me a fuller stomach while the other can wind up helping out, even if it doesn't, I still end up where I would have been anyways.

Based on the assumption you will have a job for the next five years to put after the breakfast.

Sorry if that sounded too gloomish, just making sure you examine your assumptions there ;)

 

My job gives out financial info every month to let us know how we are doing as a company.

We are heading for a record year in terms of revenue and profit, primarily because we manufacture Aircraft parts, with 75% or more of our sales going to the US Navy, Army, Airforce, etc...

They have already told us all that we are doing extremely well during this crisis and are actually expanding our workforce next year as well as adding new clients.