You have a decent amount of money to get started. I recommend splitting that money into 5-10 strong, undervalued companies. You'll see a much better return on your investment, in my opinion.
No, that would be a terrible ideal. Unless you think the news is a lie. More people will be selling their interests in the coming months. The thing about buying on the cheap or when there's "blood in the streets" has to do with the overall market weighing down an otherwise healthy stock. By contrast this stock has problems that will not soon go away.
A well known saying: "never catch a falling knife"
Usually, when a company announces bad news they do not tell the whole story, there is probably worse to come.
You know what it is like when you admit a mistake: you hope a partial admission will appease your protractors.
Follow the price and news for a bit and see what happens.
If you are investing for a period of a year or less, then you should not be investing in stocks.
(Does anyone read the question first?)
If however, you are gambling - then have at it.
Hi I'm 18 and am looking to start investing for my future. I have never invested any money and am kind of a noob in buying stocks. I just read that Uti worldwide had some debt problems and so their share price dropped significantly.
My question is should I invest my money in them. I don't really care about the dividend yields since I'm only investing
