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K Mart Stock and when would be the best time to Buy or Sell?

 
 
Matthew
 
Reply Mon 2 Jun, 2003 07:03 pm
I am currently a small investor and I really do not have very much knowledge in this area. I have been watching the fall of Kmart for some time and I know that they have just come out of bankruptcy protection.

My questions are: What is Kmart currently trading at and how big of a risk is it to invest inthis company right out of bankruptcy?
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Type: Discussion • Score: 1 • Views: 4,452 • Replies: 3
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Charli
 
  1  
Reply Mon 2 Jun, 2003 09:36 pm
KMRT "chart"
Here's the URL for KMRT chart on the NASDAQ.

http://quotes.nasdaq.com/asp/summaryquote.asp?symbol=KMRT&selected=KMRT

You can see the present price, the 52-wk high/low. No PE (price earnings ratio) given. Set your price and sell then. Best to do when the price is going UP . . . NOT down.

There is a lot of investor learning info on the Web. Put the keywords into the Google search engine and see what you come up with. Try "price earnings ratio," "stocks glossary," etc.

New York Stock Exchange: http://www.nyse.com

NASDAQ: http://www.nasdaq.com

Look at Hoover's and Morning Star. Enjoy!
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cicerone imposter
 
  1  
Reply Mon 2 Jun, 2003 09:58 pm
Matthew, I hope you don't own the "old" K-Mart (KMRTQ) stock, because they're worthless. Here's some info. http://custom.marketwatch.com/custom/earthlink-net/mw-news-headlines.asp?GUID={D1A491E9-2649-4579-978A-8CBF74451E13}&destination=&symb=KMRT
We can't very well recommend anything, but my only suggestion would be to "diversify" your investments. In other words, buy mutual funds with a good track record during the past three years. Most investors lost up to 30 percent last year. Buying individual stock is a gamble unless you really know what you are doing, and it's for the long term. Most day traders of yesteryear lost big time, and they're no longer playing/gambling. c.i.
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Phoenix32890
 
  1  
Reply Tue 3 Jun, 2003 05:44 am
Quote:
I really do not have very much knowledge in this area.


Matthew- Welcome to A2K! Very Happy

You didn't say whether you wanted to buy or sell. I have been in the market for the last few years, and have seen a dramatic change. The market is very volatile, and often, whether a stock drops or rises has less to do with the stability of the company, than people's perception of it.

Before you do ANYTHING I would suggest, as other members have, to become more knowldgable in the field. There are a number of websites where you can track stocks. I like www.yahoo.com CBS Market watch is another good one.

Check out a number of stocks. List the portfolio on the financial site as, "Matthew's Virtual Stocks" or some other name, (in other words, no money changes hands- you are just tracking the stocks). Watch over time how your stocks do, and then when you feel comfortable with your ability to intelligently choose a stock that will give you what you want, then buy.

Another thing. You need to decide, according to your stage of life, what you want out of a stock. Do you have many years to wait, and are looking for growth? Do you want income from the stock? Do you want to hold a stock for the long term, or do you want to make a quick buck and sell? If you don't know what I am talking about, you should not be in the market, until you DO know!
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