Quote:
Originally Posted by JD
True enough, it doesn't manifest itself that way, but if you own 10,000 shares of a stock that goes from $20 a share to $12 a share in a short period (ahem, Penn West), you've essentially suffered a similar loss. It happens.
|
A big company with solid backing will eventually ride out the dips and bounce back. Will the $64k paid for the special assessment be seen in the value of the condo he already paid too much for? I highly doubt it. If a stock can go to zero just by market forces (not scam) then you shouldn't be investing in such high risk stocks.