Isn't there just some serious money to be made latley????

Question

ford.

GM

Washington mutual

wells fargo.

Any others?????

Answer 1

These stocks go up and down like yo-yo's.   Which means that you can loose money just as quickly as you make money.  And if your timing is wrong.  Then you can end up loosing a lot of money.

Perhaps you can use the volatility of these stocks to make money in the short term.  But in the long term, any one of these companies can end up going bankrupt, depending on how bad the economy gets.