Page 1 of 1
Interesting coincidence.
Posted: Tue Jan 13, 2009 10:43 pm
by eddie
I was asking a friend of mine who is a stock broker about considering Redhat as an investment. He said that it never came up as an option for a hot pick. Interesting. HP, Apple, and Nokia are supposedly the hot picks right now tech wise. I asked him if the software that was used to pick stocks was in fact Microsoft based. He said it was and that all the software they used was Microsoft based. I for once was shy to mention we only used linux and had not used Microsoft products for several years.. I will say that Microsoft is not one of the hot picks at the moment.
Re: Interesting coincidence.
Posted: Wed Jan 14, 2009 11:46 am
by jstgtpaid
It would make for a fascinating story if the Redhat stock 'looked' like a hot pick and was not selected. However, I think if you look at HP's stock and Redhat's stock, I think you will see why HP appears to be a 'hot' stock and Redhat not so much.
Don't get me wrong! I was a huge fan boy of Red Hat many years ago. I am probably one of the few private citizens that purchased RHEL; normally business folks purchase it.
Anyway, looking at the stocks... Redhat has been flat for some time and has not shown that it can pop the 20 dollar value in quite some time. HP on the other hand, has shown that it can be nearly 50 or so and currently it is much less than that. In short HP has a 'reasonable potential' to nearly double in value based on prior history and current values.
Redhat, though near and dear to our hearts, demonstrates only that our money has a 'reasonable potential' to stay the same. Mind you, that is not bad in this market!!
That is just my two cents. I am not a stock advisor so don't take this as a stock tip. LOL... I don't know that I would even call it an educated guess. Just my opinion...
Re: Interesting coincidence.
Posted: Thu Jan 15, 2009 12:40 am
by eddie
I almost invested in it last year before it took a big rise. I wish I had. I may play with some pretend money for a while to see how I do. I invested pretend money in Chrysler at the time Lee Iacocca took over. I made a pretend bundle off of Chrysler. Personally I think the dealers on wall street are a bunch of wimps that do not have any idea of how to horse trade. They want investors to be patient, yet they do not take some of their own medicine. The way the market is going, I am kissing my retirement money goodbye. It better change for the better because a lot of people think that stock brokers should start wearing bullet proof vests. I am a pacifist, but I can understand the feeling.