In addition, Pat thinks then beginner investors should cultivate two important qualities: a healthy sense of skepticism and patience.
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Investors should approach all investments with a healthy sense of skepticism. This can help keep you out of fraudulent stocks that masquerade as high-quality stocks. It will also keep you out of legally operated, but poorly managed, companies that promise more than they can possibly deliver.
If you are a new investor, you should also realize that losing patience can cause you to sell your best choices right before a big rise. All too often, investors buy a promising stock just as it enters a period of price stagnation. Even the best-performing stocks run into these unpredictable phases from time to time. They move mainly sideways in a wide range for months or years before their next big rise begins. (Stock brokers often refer to these stocks as “dead money.”)
If you lack patience, you run a big risk of selling your best choices in the midst of one of these phases, prior to the next big move upward. If you lose patience and sell, you are particularly likely to do so in the low end of the trading range, when stock prices have weakened and confidence in the stock has waned.
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Glaukos develops and markets medical devices and therapies to treat glaucoma....
Human nature puts the odds against you when you invest in new stock issues (also known as IPOs or Initial Public Offerings).
Insiders decide when to bring a new issue to market. They mostly do so only when it’s a good time for the company or its insiders to sell stock to the public....
For an industrial or life sciences company, those listing requirements include: a history of operations; management, including board of directors, with adequate experience and technical expertise relevant to the company’s business and industry; and either $750,000 in net tangible assets, $500,000 in revenue or $2,000,000 in arm’s length financing....
Many people find it uncomfortable to inquire into the goodwill or efficiency of any charity....
Private companies are now allowed to sign contracts to drill for oil and gas in partnership with heavily indebted state-controlled firm Pemex, which will get a share of the profits.
The law was controversial in Mexico, but Pemex’s oil output has declined for more than a decade due to a lack of investment....
The company’s Urban division (70% of revenue) operates about 3,700 parking facilities for a total of 2.0 million parking spaces, spread across hundreds of North American cities....
Pharmaceutical (47% of revenue) makes anti-infective, antipsychotic, contraceptive, dermatological and gastrointestinal drugs;
Medical devices and diagnostics (35%) sells equipment for joint reconstruction and managing circulatory diseases;
Consumer (18%) makes over-the-counter products such as Johnson’s baby-care items, Band-Aid bandages, Tylenol and Motrin painkillers, Listerine mouthwash and Neutrogena skin cream.
Partly due to acquisitions, the company’s revenue rose 3.4%, from $67.2 billion in 2012 to $71.3 billion in 2013....
Here are three issues in the news that investors wonder about today.
The Syrian poison gas attack and President Trump’s response to it. Like any wartime massacre, this one is a tragedy. It may have been the work of Syria, or any of the parties supporting or cooperating with the Syrians....