Anyone good with investing here? I know absolutely nothing about it but I have about 40k sitting in my bank making 0 interest. I think it's time I start investing.
So riddle me this. You have a company like Take Two Interactive which happens to be releasing one of the most anticipated games ever (GTA V), guaranteed to sell millions.
Maybe this is a ridiculous thought, but can't I just drop like 20k on their stock and then sell when the share price spikes on release day? Or is it not that simple (I'm sure it's not, or everyone would do that...)?
So riddle me this. You have a company like Take Two Interactive which happens to be releasing one of the most anticipated games ever (GTA V), guaranteed to sell millions.
Maybe this is a ridiculous thought, but can't I just drop like 20k on their stock and then sell when the share price spikes on release day? Or is it not that simple (I'm sure it's not, or everyone would do that...)?