Is WM good to invest in right now?

Question

Is WM good to invest in right now?

Answer 1

Everyone is shying away from the stock market right now. That's good if you are a bargain hunter. But I wouldn't buy at this time. I don't see the market reversing any time soon.

Why not invest your money in a different asset class instead?

Hope this helps!

Jim http://jsforex.blogspot.com

Answer 2

The analysts are predicting that they will be reducing their losses in the next few quarters but it could be more than a year before they are profitable again.

They are currently trading at a third of tangible book value.

But I still think WM could easily drop another 10 percent.

When you see the volume spike that might mean they are near the bottom.

Answer 3

I'd stay away from financials for the next couple quarters......but if you want to focus on WM you should study the fundamentals......go to http://finance.yahoo.com/q?s=WM should help you some.....but they are hurting from the real estate mess

Answer 4

You will lose all your money .

    Buy the XLF