Stock Market Crash Course: Swingers Discussion 1150681011

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Stock Market Crash Course: Swingers Discussion 1150681011

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TOPIC: Stock Market Crash Course

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User Details are only visible to members.	If I sell off 1000 shares of WalMart stock today, that doesn't mean there is someone that is going to buy those 1000 shares. Those shares just go back to WalMart as the corporate holder of those shares. If the stock is declining, the stock may not be purchased for some time because buyers are waiting for the best deal and projecting how low it will go before they decide to buy it. I do have to say if you have cash... one the fastest ways to become a millionaire is to buy stock in companies that you know will be around 20 years from now and buy their stocks during a recession or depression. Even a typical example is AIG. When AIG first got bailed out it's stock plunged to just under $2 a share. Then about 4 days later it was up to just over $4 a share. Had you bought $20,000 of those shares at $2 and then sold them 4 days later you would have $40,000. Hind sight always 20/20.
Mountain Ranch CA			Username hidden (8750 post)

User Details are only visible to members.	(No pun intended, well maybe a little...) I just read this in a news article: "The fact is, people are scared and the only thing they're doing is selling,..." If people are selling, someone has to be buying, so wouldn't the number of buyers and sellers always be equal? I've never understood this.
Gainesville FL			Username hidden (1797 post)

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TOPIC: Stock Market Crash Course