Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: sm1th who wrote (32825)	6/5/2020 11:25:06 AM
From: maverick61	Respond to of 34328

I refer to those as lottery tickets. Well that would be a mis-characterization IMO Lottery ticket implies a one in over a million chance of being successful In a number of cases, the odds of buying a very out of favor stock for a rebound being successful are much greater than that. For instance, EKS's Soho preferred buy has rebounded nicely. My SPG while I termed it speculative, the risk / reward I viewed as very favorable. The odds were much greater for success than failure and way better than a lottery ticket. I bought SPG between 5/26 and 5/29 at an average of $58 and today it is at nearly $91. Speculative buys can work quite well if you do your homework