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Reply #9: Stocks are a gamble that is for sure but the thing about stocks is buy low [View All]

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Toots Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-14-05 09:17 AM
Response to Reply #1
9. Stocks are a gamble that is for sure but the thing about stocks is buy low
I am sure they thought they were getting a good deal when they continued to buy. I have myself averaged down the price of some stocks by taking advantage of low prices. The difference here is they were the one and only invester in this fund and they didn't even know it. It is hard to have people bid the price of your stock up if there are no people to bid.
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