Right now, the direction is decidedly "down." From a high of 12 this year, the stock is currently trading at 6. How do you know that trend won't continue? Are you Bottom Picking? The graveyard is full of Bottom Pickers. What is your trigger that says this is a Buy? You know, the one in your trade plan, the plan you follow over and over, tested, tried and statistical.
http://finance.yahoo.com/echarts?s=GRPN+...
This particular instance is called "catching a falling knife." Very risky.
Since when is "backing" a guarantee of anything?
Well, the tone of your question implies that "increased stock prices" are to be a given. After you watch the stock market for a few decades you will find that a "stock's price" will frequently do the opposite of what you "expect".
When it comes to the "shock" market, expect the unexpected.
Hello, I am a 16 year old student, & I love researching & gaining all the info on stocks that I can, When I get older I would love to invest in the stock market. My question is, If groupon is backed by amazon why can't we expect it to take a steady increase in price? Thank you!
