Friday, March 14, 2008

Short term stock investment - Contra

Contra investment is to buy the stock today and sell it off after 3 days. This is what do we called it in Malaysia. Probably this technique has different name in your place.

Investing in stock is like owning that company. Can you own a company and then expect it to grow and make money within that 3 days so that you can sell it off?

Well, some people might have good strategy to make Contra technique works, but for long term investor point of view, this is rather impossible.

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