Wednesday, November 29, 2017

Going in on APRN: decent idea or terrible mistake?

Just so we're all on the same page, this is my perspective as someone with about a months worth of learning the basics of the market and about a weeks worth of time with money in the system. In short, I have no idea what I'm doing.

So, blue apron hit the market in July at $10.00 and has plummeted ever since. I've seen a trend in small companies that blow up seemingly overnight, where they'll launch, drop extremely quickly, and then bounce back a decent bit over the next few months/years.

My question to the people that know what they're doing is, if I dump around $100-150 on it now when it's at $3.00 a share, can I expect to make a decent return? Or is my money going to evaporate before my eyes?



Submitted November 29, 2017 at 02:33PM by issamememyguy http://ift.tt/2zQ0TpQ

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