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You want the vanKampen Lighthouse.Your stock is Rio Tinto (RTP).RTP got a run-up on a buy-out rumor. RIO was on sale, today, so I bought some. I had sold for a nice profit, then watched it climb on up. I'm delighted to get back in. If it goes down, tomorrow, I'll buy some more.
With $500 May I suggest a small Latin America stock that can make you some moolah NLAI.Then when this one goes to a buck you can buy some Rio..Strong BUY on RIO SBS NETC BBD and NLAI
Penny stocks are about like lottery tickets. Your chance of scoring big is nil.Looking at the balance sheet, the liabilities exceed the assets. That meets one of the legal definitions of bankrupt. Income is negative. I'd rather buy lottery tickets.A new investor would be better off with a few shares of a good stock.