Cheap Buying Can be an Expensive Stock

THE EXPENSIVE STOCKS- THAT YOU BROUGHTbigger companies have not much room to grow.
CHEAPRight? We all want to get rich from the stock market,
The meaning of cheap stock, that is, stocks that theyotherwise we would not trade? True? Read the Fine
are trading under 60 cents or below, are alwaysPrint- Be careful of 'the cheap stock'
enticing - because you put down a small amount ofTraders and investors will often flock to internet chat
money for a potentially lucrative return. It also looksrooms and talk up a cheap stock, saying they are
good because with your investment you are getting agoing to find large amount resource, or they are doing
lot more shares, or contracts for you amount invested.a big deal with a big company. Why does this happen
However, for many investors, this scenario is just abecause people buy it and then want someone else to
pipe dream to buy that stock at 10 cents and see it gocontinue to buy it.
to $10. Does happen but not very often and it can beThis is called "pumping and dumping" and it happens all
very costly. Sometimes they are cheap for a greatthe time. So make sure you are careful. As if this was
reason, they are NO GOODtrue what is being said in the chat rooms, it would be
So what are the downfalls to cheap stocks?inside trading. Illegal so make sure you do you own
How can you identify if they are cheap Thesehomework.
cheaper stocks can also be categorized by theirA stock that maybe trades only 5,000 shares a day is
market capitalisation (that is, the total number of sharesa good example of this type of scam and highly illegal.
multiplied by the price per share). Which is the totalSo do not fall into the trap. Otherwise you will lose
value of the company If a company's market cap isyour money. By pumping up the stock it creates the
less than $100 million, the company is considered aprice to move higher for no good reason. This stock
fairly small stock, or a "small cap stock".will soon be a DUD Trade. This Stock used to trade at
So is bigger better, or are small Fish sweeter, Will they$5 now its 50 cents. So that's cheap? Wrong
grow? Historically, small cap stocks haveAnother thing to avoid is a stock that has dropped
outperformed large cap stocks in terms of returns.significantly in price. Just because a stock looks cheap
However this is not always the case and you have todoesn't meant it's going to return to glory and you'll
remember the saying risk versus return. This isn'tmake yourself a big profit. The reason they fall is
because a lot of cheap, small companies are betterbecause something fundamental may have changed,
investments than large companies, but because almostthey could have lost most of their revenue by losing a
all big companies were small when they first soldcontract, or could be sued there are a host of reasons
stock. Everything normally starts out small. Microsoftfor this stock to fall.
started in a garage, and now they are one of theYou have to ask yourself why the stock fell in the first
biggest company in the world. Most large companiesplace? Those odds aren't good that these stocks will
are through growing or are just fighting for marketrebound. The odds aren't in your favour. Following the
share.trend, remember trend is your friend.
Money-hungry investors turn to small stocks to buy,BUT REMEMBER THEY CAN REBOUND..
because these stocks are cheap and it looks like the