stock

[heehaw]

i am interested in buying some stock, does anyone here do that via the internet? if so, how??
heehaw

 

[hazmat]

I have some shares of HazmatCo available for the low low introductory price of $100 per share.

Just kidding/w3tcompact/icons/laugh.gif

Are you new to investing? or just new to online investing?

Go to your local library or bookstore & get a finances for dummies or equivalent book.

Several online brokers out there ranging from really cheap (for the experienced day trader) to expensive, but "hold your hand" a little

There are a couple of investment types on the board here who can probably point you in the right direction.

 

[riptides]

Stock as in investment potential,

or pond stock....

If for investments, I use an on-line broker... take your pick, send money and start looking. Some offer direct wire to account transfers.

Pond stock - I go to my local co-op and bulk order.

-Good luck
-Mike Z.

 

[heehaw]

i have bought stock one time in my life, it was at 4:30pm, on the thursday before black friday, or whatever they call that day...i bought some walmart stock, and laughingly told them to wait, they could get it cheap the next day...and sure enough, it was 1/3 the price, less than 24 hours later, and it took 2 years to get back to where it was, then i sold it...but i don't want to pay a broker $35 to do this for me...i want some worldcom stock, i don't think there is anyway that company is going under.
heehaw

 

[exeter_acres]

We are assuming that you are refering to Wall Street stock and not cows, etc. etc......

I have used Ameritrade for a while now and been very pleased with their service. I am not an active trader.. I am a subscriber of the buy and hold theory after extensive research. Even in todays market there are lots of buying opportunities.

One of my favorite ways to judge a stock is the stomach method. If your stomach is churning and you are losing sleep over a stock.... don't own it!

Good luck and DIVERSIFY!!!

Curtis

 

[rancar]

HeeHaw...

There are numerous online brokers. Ameritrade, eTrade, HarrisDirect, Scott Trade are just a few. I use HarrisDirect. Go to their websites and just open an account online, wire some funds over, and you can trade away or purchase a stock all withing a few hours.

But, bigger question is what stock do you have in mind? Blue chips have been in a funk. Techies are getting pummeled. In today's grueling bear market that has lasted for over two years, there aren't too many issues that warrant either a short-term trade or long-term investment (unless if you've got a very long investment horizon).

 

[heehaw]

i just can not imagine worldcom going under, so i thought i'd gamble a little and see what happens.
heehaw

 

[DaveNH]

Just today it doubled!

I agree that it won't go belly up.
Too many eyes on it right now.

 

[DocHeb]

<font color=blue>I agree that it won't go belly up.
Too many eyes on it right now.</font color=blue>

You may recognize some of the companies below:

American Beet Sugar
American Can
American Car & Foundry
American Locomotive
American Smelting
American Sugar
American Telephone & Telegraph
Anaconda Copper
Baldwin Locomotive
Central Leather
General Electric
Goodrich
Republic Iron & Steel
Studebaker
Texas Co.
U.S. Rubber
U.S. Steel
Utah Copper
Westinghouse
Western Union

Some are familiar, but some of these companies disappeared years ago. These companies made up the Dow Industrials in 1916. I'm sure at the time nobody thought that any of these companies could possibly disappear - but times change.

WorldCom is a company losing money at a unbelievable rate with enormous debt, that was run by fraudulent executives, in an industry that requires continuous and massive capital infusions to remain current. It could disappear just as some of the "bedrock" companies of 1916 Dow.

 

[chim]

I signed up with Datek last Summer. Wifey (what's she know anyway?) convinced me to limit my account to 50% of a check that came in from an investment that had paid off. I bought four promising stocks. Then 9/11, Enron, etc happened. We don't talk much about the stock market around home any more. Maybe when/if the prices go up again, I'll be telling her what a genious I am. Right now I'm pretty quiet about these investments...................chim