"This isn't to say that low-priced stocks are without fans. But the key point for many investors is if you've done your homework and still like the stock, hold on. If not, breaking the $1 mark (or the $5 mark) is a good signal to sell."
This is one of the more absurd article conclusions I've heard in a long time.... The key point is if you've done your homework, still like the stock, then hold on. If you haven't done your homework, you shouldn't have bought the stock to begin with and these SP benchmarks mean nothing...
Cheap Stocks Aren't Always Bargains - Barron's [View article]
This is one of the more absurd article conclusions I've heard in a long time.... The key point is if you've done your homework, still like the stock, then hold on. If you haven't done your homework, you shouldn't have bought the stock to begin with and these SP benchmarks mean nothing...