How About Stocks To Avoid?

[Gee]

I guess no tips mean no tips, including stocks to avoid.

Basically anything in my portfolio have been real loosers. Even after averaging down, I am still trying to get out of the hole.

To respect the rules, I am not mentioning anything.

[ruwaydr]

It wouldn't be appropriate. People could post the stocks that they are short-selling in hopes that stock holders will try and rid their shares and decrease stock price.

Long shot, yes, impossible, no.

[philelmo]

avoid conjuchem, bmo, bombardier

[robattoronto]

Stocks to avoid? Try all the stocks in my portfolio. PM me for it. :lol:

(i'm kidding, not all of them are bad.) I'd say avoid the energies for now until they settle down.

[15-20_God]

Averaging down is not the way to get out of a losing position. Why not just sell it outright?

[guest10586]

Market has been going down for a while. When will they go up? Who knows...

[alkapone]

Averaging down is not the way to get out of a losing position. Why not just sell it outright?

Nortel ...a good example of this :mad:

[alkapone]

...the US does not like high prices.

All of a sudden ...oil is hot again..gas...via Goldman Sachs.
Creates momentum....very scary.
A few days ago we thought we were in for a correction...which we got but now?
Tech is having a rough time.

Taking a profit in your high flyers is often a very good move.....or at least half.
Most people tend to lose out.....greed and fear...its never 'different this time'...
The trick is to be more right than wrong.
Not easy.
50% lucky...50% smart......I would setle for this.

PS...I just discovered this forum :)

[advantage21]

Airlines, any airlines. Avoid them like the prague.

:o

[Paksis]

I guess no tips mean no tips, including stocks to avoid.

Basically anything in my portfolio have been real loosers. Even after averaging down, I am still trying to get out of the hole.

To respect the rules, I am not mentioning anything.


Averaging down??? Buy a good cheap index fund and stay away from investing in individual stocks. You don't seem to have the patience for it or the skill.

Good investing means knowing when to hold them and knowing when to buy them. If just about every stock you have is a loser then you should save your money and spend a couple of dollars to buy a lottery ticket if you feel lucky. Not meaning to be harsh or nasty but you have to realize your limitations. Some people can deal with risk and can watch their investments fall by 20% and be patient till it rises again but many can't.

[alkapone]

....avoid stocks that dont make money...for you....but for the insiders.
Be very leery of the VSE.(the wild west)..too many market makers. If you play it...do it as day or swing trades.

[William W]

After buying into 3 companies that went bankrupt, (Lowen, Laidlaw, Net Nanny), I now only invested in quality blue chip stocks. Stocks that has a recongnizable name where a 3 year old to an 80 year old will be able to tell me right away what that company does. The blue chip that I invested into are the ones that are trading near its 52 weeks low, but has solid earning and pays a high dividend. ie BCE, and Lauratian Bank. And I think the value buy right now is General Motors. It is paying a dividend of close to 7%.

[15-20_God]

And I think the value buy right now is General Motors. It is paying a dividend of close to 7%.

assuming they don't cut the dividend entirely.

[William W]

assuming they don't cut the dividend entirely.

If they cut their dividend, I would think their share price would really get flush down the toilet.

Their share prices in the past 12 months are depreciating at the same rate as their new cars. :lol: