Stocks On TV

Feb 24, 2011
J. Webster
Comments Off on Stocks On TV

If you hear someone talk about a stock on TV it’s probably too late, as in too late to buy the stock. More often than not, when the stock gets talked about on TV then the stock as already made it’s run or is about to and it’s hard to catch. You end up chasing the stock.

Sure, this isn’t always the case, but you have to tread wisely when you’re buying a stock that gets the rounds of the TV hosts on CNBC. If you do buy a stock that’s widely pushed, then be prepared for big swings and uses stops.

The stock market is a crazy beast that will turn on you when you least expect it. Be prepared for that. However, it’s not a good idea to panic and sell a stock if people start shouting the sky is falling. Instead, sell a little bit of the stock and then take a closer look at what’s going on.

Related Posts Plugin for WordPress, Blogger...

Comments are closed.