Stocks to be bought out.?
I was wondering if this is a good way to make money. Keep a good amount of money stored. Research for stocks that are going to be bought out. Buy as many stocks of it as you can. Walk away smiling. Comments please. Note: I have done this with two stocks and it's worked so far, but I'm afraid to do it more with the risk.
Public Comments
- Stay away from Al-Qaeda!!! Al-Qaeda runs the stock market. ;) Now you know how Al-Qaeda looks like....hahahahaaaaaaa They will drain you from every hard earn penny, that you and you're parents and grand parents earn in their entire life. Then you are going to commit a 9/11 in the middle of April, May, June, July etc. ;). Follow the link below and see on how they run away with you're hard earn money.
- There are people out there that work all day... making 100's of thousands of dollars a year.... that will, on a rare occasion do this. When they do...... they use "position sizing" to assure that if they're wrong..... it won't hurt their overall portfolio by much. The "key" to this game is not to hit "home runs"...... it's to make a lot of base hits! A good "trader" will be correct 50%-65% of the time. The key is to make $3 on every $1 they lose (even 2/1 is very good). Managing your losses is the hardest part of trading. I can't stress this enough. Once you start trading with this in mind.... you're performance will improve dramatically (over time).
- To reduce risk, you could invest in a mutual fund that does this. The Merger fund, symbol MERFX is one well known example. Its returns are not the best though, only 4.7% annually for the past 5 years per msn.com
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