My partner, Rebecca, and I will be buying more stock in Cinemark. Since the stock has recently decreased in value, and is now $18.7500, while I bought it at $18.9210, one might view this as risky inverstment. However, according to the Wall Street Journal, "RealD, the licensor of 3D technology used in standard-sized screens, filed for a potential $200 million IPO." With this new technology, and IMAX becoming more and more popular each year, I expect stock prices to go way up. In this case, the best time to buy would be now, when prices are low.
It is important to keep track of our investments because if one of our stocks go down significantly, we may want to sell while we can still make either more of a profit, or before we lose more money. On the other hand, we may want to buy more shares if one of our stocks is doing well.
Jenna Weinblatt
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