Should I buy stocks in a company right before they release the new awesomest product?
Written By: admin on June 25, 2009
2 Comments
So is it a excellent thought to buy stocks in a video game company right before they release the new awesomest game that everyone wants? I seem to be excellent at knowing which video games are going to do really well. I don't know much about stocks but when I play games like World of Warcraft I'm like, "Man, I wish I bought stocks in Blizzard like 5 years ago." Is that even how stocks work?
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It could be excellent. For instance, Apple was at about $125 per share before they released the Iphone a matter of months ago… It's about $170 now.
The stock price may already be adjusted for the release of the new product, though…. Assume many people have the same thought as you and have already bought the stock, artificially inflating its price… And then the product does not do well… The stock will go down.
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