RE:RE:RE:RE:RE:RE:Stop buying Bob Mcwhirters stock picks ...Candy, here a few more thoughts on this. Both XRX and CMC are highly speculative penny stocks - penny stocks can offer sizeable gains but also come with the risk of losing a significant amount of your investment in a short period of time - they are probably not the place to begin your investing career. You seem to be referencing CMC with your comments on "Table Pounding" - again, no one forced anyone to buy these stocks, let alone watch Market Call on BNN. It can however be a good point of reference for one to get some investing ideas, but again we should do our own research before entering into a transaction. CMC has a Price to Sales ratio of over 58,000 to 1 - a good ratio for an established company is between 1 and 2 - so Cielo screams high risk. In addition, their 52 week low is .055 while the high is $1.65 - again screaming high risk. Only one analyst covers CMC (target price of about $2.05) so again one can conclude this company is not widely followed so comes with a higher degree of risk. FYI, Apple has 44 analysts following it according to MarketWatch. Investing is very interesting and can be both fun and profitable - but one can also lose money very quickly. I say this from experience as I still have my laminated share certificates for my purchase of 600 shares of Worldwide Interactive over 30 years ago - the broker convinced me I had to buy now as it was going to be a rocket! I lost my entire thousand dollars but it was a great lesson to learn along the way. I did not make the time to do any research but just took his word on things! As Vitalina says, I was a LOSER! By constrast, if I had purchased Berkshire Hathaway with my thousand dollars, it would be worth about 60,000 today!
All the best going forward Candy.