Tuesday, September 06, 2005
This Can't Be Just A Fad?
One of the lead ins to European Closing Bell was about a top in poker stocks. I have never looked at a poker stock, I don't know how many there are and I have no interest in learning about them.
The only thing I know about them is that they exist, I couldn't even name one of them. I am sure people made money trading them but the writing was on the wall from day one about this concept being a fad.
Hopefully you aren't on the wrong side of a trade in one of these but this was just a fad and there will be many more short term fads in your investing lifetime. Atkins also fit this description, for me anyway.
The only thing I know about them is that they exist, I couldn't even name one of them. I am sure people made money trading them but the writing was on the wall from day one about this concept being a fad.
Hopefully you aren't on the wrong side of a trade in one of these but this was just a fad and there will be many more short term fads in your investing lifetime. Atkins also fit this description, for me anyway.
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