Question, please be nice. I'm fairly new to trading, about a month now, everything else seems to be going well except this and I do have a question that I couldn't really get answered in plain English with research wondering if someone could help. I see some people getting ripped apart with their comments so please try and be gentle lol.
I bought HOU 500 shares at $7.52 on April 9 and keep reading that this is bad to hold onto long term and not sure I understand why? If long term it goes back up to $15 for example by the end of the year wouldn't I be doubling my initial investment?