I am thinking about investing money in ICICI Bank?

Question

I was reading some information on the stock of IBN "ICICI Bank Limited (ADR) " and I was thinking about investing some money into it.

I read that its 52 week LOW is 22.89

and its 52 week HIGH is 74. 25

This would seem like a good return would it not?

can anyone supplly me with ample reason wheter to or not to invest in this stock....

ps. im 16 :P

Answer 1

i'd take a little money and put it in WAMU (WM) bank before I put much in IBN

WM is a big risk with high payoff potential