Stock emergency!?

Question

Is ABK a good stock to buy with 145 dollars?

Answer 1

We're in a bear market.

Sorry.

3 of 3rd wave just now starting.

Answer 2

It will take them years to pay off the losses they have incurred recently, assuming that they are still in business.  Potentially high-rewarding turnaround play if you know what you are doing and believe in the company, but I'm not going to put it in my portfolio.

http://finance.yahoo.com/q/is?s=ABK&annu...

Answer 3

The company sucks and who knows if it will make it or not.  Since you are ONLY gambling with $145 and not $14,500, I say go for it and hope for a miracle.

Answer 4

You're more likely to make money betting on a baseball game tonight.

ABK just went off the cliff and will probably never return.

Answer 5

ABK a good stock?

yahoo data:

ROE   -140.81%

The insiders own less than 10% so do they care more about there paycheck or the stock price.

Then there is the busniess they are in.

A good stock, no not if you are buying the company for a return on your investment.

The stock is heavly shorted so there is a slim change of a short squeeze, so be ready for a complete loss if you buy now.

Answer 6

If you want to take a safe gamble compared to that stock...Try RAD  Its Rite Aid...I am buying at these ridicules low prices...1.40 or something. You could buy a 100 shares and don't look at for a couple of years. You will be pretty surprised

Good