If a investor were to read the erroneous information, how could that affect their decisions?
Posted by admin in Finance Monday, 7 March 2011 19:10 3 Comments
Could it cause that investor to loose money?
Posted by admin in Finance Monday, 7 March 2011 19:10 3 Comments
Could it cause that investor to loose money?
They could make the wrong decision.
Yes.
Reading false information equals losing alot of money. Thats like a person thinking Bears Stearns was a healthy financial company. Guess what; it wasn’t.
Yes in most cases. I know a friend who did his research on the wrong site and bought about $5000.00 of AIG. A month later his investment of $5000 was worth about $29.56! It can also be good thing sometimes. I was going to invest in a JBLU when people though it was going to file for bankruptcy and bought shares for less then half of what is was suppose to be worth. I was able to double my investment in a few hours!