And some stocks have a 2:1 stock to book value ratio wheras others have 50:1. In the first case, even if the company closed down, unless the books were fraudulent you can still recover half your investment as it represents hard physical valuable assets.
All stock is speculative.
That’s a nice way to say “Gambling.”
And some stocks have a 2:1 stock to book value ratio wheras others have 50:1. In the first case, even if the company closed down, unless the books were fraudulent you can still recover half your investment as it represents hard physical valuable assets.