View Single Post
Old 12-08-2011 | 08:39 PM
  #107  
DeltaPaySoon's Avatar
DeltaPaySoon
Gets Weekends Off
 
Joined: Jul 2008
Posts: 366
Likes: 0
From: Stage Left
Default

Originally Posted by mjarosz
Volatility. Right now there are rapid swings in the stock price. The stock is cheap to buy, so you can pick up a lot of it at once. If it goes up, then dump it all and profit. I made a few bucks literally overnight just the other day. People are buying for easy money, not an investment.
I understand the concept but if you're trading for peanuts, in order to make it worth while you have to be willing to risk quite a bit on a volatile stock.
Reply