I am in a competition in my class and want to win. You can only buy stocks above a dollar. What stock will double or better in the near future?
I am not making any monetary gain off your information, just for recreation. Thank you.
18 Mar
18 Mar
6:26 am on March 18th, 2010
None.
Those days are driven by bubbles, not busts.
No stock doubles in two months.
7:22 am on March 18th, 2010
Some stocks may double in 2 months, but if there were solid grounds to believe that any would, they would have done so already. Rumors that a stock is about to double could make it happen only rarely. But if any company is severely beaten down right now, it might recover quickly. It is just such stock that could conceivably see double digit increases. But one would have a better prospect if one waited a couple years before betting on it.
8:08 am on March 18th, 2010
XL
8:36 am on March 18th, 2010
If I could answer your question I wouldn’t be kibitzing here on Y/A. I assume that this is class exercise, and its purpose is not to see who gets bragging rights, but to show all participants what could have happened to them if they had invested real money.
I would bet money on the fact that whoever wins will have a parent with insider knowledge of some kind. That is the way the market works. Those who know first make their money from those who know last.
9:35 am on March 18th, 2010
No one knows that unless they are engaging in unscrupulous method of speculation and cartelling