A local company hosted a finance fair for the senior class of my high school. They are doing absolutely terrible as a company. Their stocks lost 30% of their value in a DAY. Do you believe that we should be learning financial skills from them despite their recent failures as a company?

Also, a bit unrelated, I make free sigs. I will take on 2 jobs today for the first 2 people who say they want one. Just simple texture/gradient fill box sigs with custom "character" on the inside to day. Don't have the energy for popouts.

Well I mean tips are cool, but if you don't wanna, you don't have to Really just wanting practice.

This post was edited by thorsjsp on Oct 16 2013 04:45pm

Prolly not the best company to take advice from.

It's time to trash the fair.

maybe you can learn from their mistakes

thier mistake is their client base. they sell upscale white women clothing to older ladies. I see either expansion or bankruptcy in their future

@ bold, You should become a finance major...

and because their stock fell 30% in one day does not necessarily mean they are a terrible company. If the stock became overpriced and released a earnings not quite as high as expectations, it will set it back. That does not mean the company is going to fail or has poor financing skills.

This post was edited by cialda on Oct 16 2013 05:25pm

I forgot to mention that the value of the stock had been dropping gradually for quite some time before the big 30%. My guess is that someone who owned a large portion of shares from the corporation finally stopped waiting for it to kick back. He cut his losses and in-turn the value of the stock dropped immensely due to lack of buyers.

did it just recently drop 30% because its 3rd quarter earning season for most companies. they could have released some earnings.

That's probably more likely.

Tweeter went up 1500% when twitter went public.

We should all learn from tweeter.