Yeah, and when an investment counselor advises his clients on investment strategy, age is a primary factor. The older you are the less risk you can tolerate. The younger you are the more risk you can take. At 18, this kid has it exactly right. This is the time to swing from the heels. Hang in on this one kid. It many not be DNA, but it is going to be a win. Read up on the company and forget the short term bull from people like this.
You must have been one hell of an investment banker. This is not the internet nonsense. This is a solid company with enormous prospects. I think the kid has it right. This is a long term play, complete with ups and downs, but with a great future.
"MNTA is 'high risk'"
Does "high risk" or low risk tell you anything about how a stock is going to appreciate over time or what the value will be in the future? No "investment" is without risk; regardless if it held short term or long term.>>
When a brokerage firm opens a new account, one of the above must be selected on the new account firm based on NYSE Rule 405 which pertains to "suitabulity" It doesn't take a rocket scientist to determine MNTA is "High Risk" meaning substantial losses are possible. As long as you play this game, what you make on one stock will be given back on others. If you believe otherwise you are terribly naive.
I thought the person making the comment was being purely sarcastic....hell....had to be.
The kid was like 3 years old in 1990 so of course he wouldnt know jack about some stock back then except for having read about it somewhere. Jeezo, how can anyone take such a comment seriously?
"MNTA is 'high risk'"
Does "high risk" or low risk tell you anything about how a stock is going to appreciate over time or what the value will be in the future? No "investment" is without risk; regardless if it held short term or long term.
<<I am a retired investment banking officer.>>
And you spend all of your time on message boards telling people to sell their stocks?
That`s so sad.
Your kinda creepy. My Dad said there are weirdos like you on the internet.
You wish for someone to lose all their money?
My Dad says misery loves company. You must be a very miserable person without a friend in the world.>>
You have me all wrong. I am a retired investment banking officer. The best thing that can happen to someone just starting out by gambling, that's right gambling, in the stock market is to lose every cent. An 18 year old missed out on the dot.com bubble so he didn't learn the hard way. But he will learn. That I can guarantee based on 50 years in the market.