Bear Market Blues
14 weeks ago the 7th grade was given ten thousand imaginary dollars. We where told to take the ten thousand dollars and invest in three shares. I picked three different shares. The first one I picked was Pain therapeutics. I picked this one because I thought the research in America was making more meds to fight off pains. The other share was SMF Energy corp. SMF is a green energy product producer. The third one was called nutrition21. I thought this investment would be good because the history behind this stock was a high daily value average.
I have researched the stock market for 14 weeks now and I have come to on conclusion to the stock market. My conclusion was that you should try to stay away from investing in stocks less than one dollar because they probably had to of started at something higher and worked its way down.
From the experience of my gains and losses I have lost about four thousand dollars. My advice to you and the future investors would be to try as much as possible to stay away from investing in “penny” stocks. I lost about four thousand dollars in all my investments by just investing in penny stocks.