can you help me please?

[Kittykatgrizabella]

ok I have a quick easy smeasy question. I was going to ask this in the education and hw forum but no body is there and i need the answere asap.

Stock market:
Is it a good thing if a stock's share drops down to 43 cents?

please help i know...im not that bright when it comes to these things *ponders*

 

[Moros]

no

 

[Kittykatgrizabella]

why is that?

 

[Thithy]

because if you own stock, then the price per share went down therefore you lost 43 cents per share you bought. You want it to go up.

 

[cinni]

i wouldn't know the first thing aboiut stocks

 

[NBBC]

if you have invest money into stock and the price goes down that means you just lost money so that would be a bad thing