Should i invest my savings tommorow in a company im eyeing?

Discussion in 'Ask any question!' started by L1ckMyD1ck, Mar 22, 2020.

  1. L1ckMyD1ck

    L1ckMyD1ck New Member

    Joined:
    Mar 22, 2020
    Messages:
    1
    Likes Received:
    0
    Hi all,

    I would like to hear an expert opinion if i can..
    I have been thinking about it for a while, and with the COVID-19 situation and all the oppertunities there are, i had the idea to invest in a certain company i will share via DM's.

    It's Important to note that the company has a lot of cash saved on the side, and a lot more assets to liquidate and get through the situation.

    The company is not in an all time low, but I was thinking that if i'll hold it for some time, i can get 200% return profit.

    Do you think the market will go down like it went down in 2008? should I invest in this specific company? (I am looking to hold the stocks for around 2-5 years)

    Thanks ahead, and sorry for the lack of knowledge.
     
  2. StockJock-e

    StockJock-e Brew Master
    Staff Member

    Joined:
    Apr 3, 2016
    Messages:
    9,524
    Likes Received:
    3,526
    This is a rare opportunity to buy good stocks are panic prices.

    Things to consider are that you might not be catching a bottom, things might get worse. Also that the company you buy needs to be able to get through this recession and be profitable again.
     
    Syynik and L1ckMyD1ck like this.

Share This Page