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/biz/ - Business & Finance

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10981784 No.10981784 [Reply] [Original]

Never traded stocks before. But it seems like all you need to do, is buy stocks when a company is going through a big scandal or on a downswing. If it is a big or well established company, inevitably it will go back to normal levels, is that not correct? For instance I would have invested in Facebook on the day we saw it had the lowest stock price ever, because it would inevitably go up from there. And then you just sell when its back to normal. I know it's obviously not that simple, but is it really much more complicated than that?

>> No.10981792

>>10981784
Anon... I.....

>> No.10981825
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10981825

>>10981784

You're not going to make it. You'll need to read a few books and think on a larger scale. See the /SMG/ threads for advice.

> Major corporations fail all the time.

>> No.10981827

>>10981784
you can make a decent amount doing that

>> No.10981863

>>10981825
> Major corporations fail all the time.
But from what I see they do not fail from minor/regular scandals. Take Chipotle, a few years back everyone was scared their food was making people sick. That would have been the perfect time to invest, right? It's pretty doubtful that something like that would completely and utterly sink the company.

>> No.10981888

>>10981784
So you would have known to buy Facebook in August 2012, 3 months after its overpriced IPO, knowing it would inevitably go up from there? Teach me your ways OP

>> No.10981911

>>10981784
You newbies all sound the same. Hop in and do this for 3 years, and tell me how you do.

>> No.10981915

>>10981863

... Okay.. but that's playing in hindsight. Which is dangerous. It's always possible you're going to luck out and make a profit. I'm assuming you're not betting large amounts -- I wouldn't drop 10k on a stock without doing any research/due diligence. I'll agree with your logic - but I think that it is careless.

Some companies never recover from a PR disaster.