How do you guys pick a stock?

[Pat_McCrotch]

Just wondering.

I tend to steer clear of tech stocks.

I did however buy 1000 shares of Circut City at 3.79/share in hopes it will get back to its 20/share days. Could be a stupid buy or a brilliant buy.

 

[Raptorex]

there are some great free tools now on MSN money

http://moneycentral.msn.com/investor/research/welcome.asp

 

[gotmilk]

Tech is supposed to rebound huge in 2008.

Circuit City is a momo play, not a long trade. I bet they file for bankruptcy before anyone tries to buy them. Their properties will be the only value for acquiring and no one will buy these now until the company files for BK.

 

[b0und]

I almost only pick resources/mining stocks, because I am in that industry.

I pick the stocks on how clearly I can see how this company will make money.



b0und (worked so far)

 

[Pat_McCrotch]

Tech is supposed to rebound huge in 2008.

Circuit City is a momo play, not a long trade. I bet they file for bankruptcy before anyone tries to buy them. Their properties will be the only value for acquiring and no one will buy these now until the company files for BK.

I am hoping they dont file cause my stocks will be worhtless even if they file. what is it chapter 11 to reorganize?

I amhoping they can find some way to come through. i admit it is a gamble.

 

[75th]

I very rarely buy individual stocks. MA has been pretty much the only thing Ive held long(ish) term. Visa will be the next.

Over the past 2 years Ive bought and quickly sold things like JPM, ETFC, AMP, etc.

I stick mainly with ETFs and funds.

 

[Razorguns]

i buy stock in myself. active > passive.

 

[gotmilk]

I am hoping they dont file cause my stocks will be worhtless even if they file. what is it chapter 11 to reorganize?

I amhoping they can find some way to come through. i admit it is a gamble.

The only way they can come thru is if someone gives them a shit pile of capital and that will force a massive dilution of stock. No one will finance their company without making sure they have a way to cover their investment. To be honest, other than their buildings, they have shit for assets.