Be careful of buying stocks


Well-known member
A friend who is into stocks for many years told me yesterday that she had made a big mistake in buying stocks of a new network provider company. She had lost a big sum of investment because the price was high during the IPO (Initial Public Offering) but then when the news that the company is losing money the price of the stocks fell down. The problem with my friend is that she needed money so she sold her stocks at a big loss. It is a pity to happen that to her.

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