Originally Posted by
Halon1211
“not much money” is a relative term.
if I purchased $20,000 of spirit stock today at $15 and then when this whole Corona scare is over stock climbs back up and I decide to sell at $30 I just doubled my money...I made $20,000.
Okay lets say the gamble was wrong at Spirit stock dropped to $2 a share. Then the gamble lost But at least I didn’t bet my entire life savings....$20,000 is a lot but I can get over it.
a small amount of money is very recoverable, regardless of where you work...
sure but the problem if the stock goes to 2 there is real chance that you could be out of a job. Wouldn’t 20k be nice to have when you are out on unemployment