From someone who knows nothing about the stock market, I’m able to give little advice as to how one should or shouldn’t go about buying stocks. If investing, I’d probably choose stocks the same way that I choose sports teams, by factors that have nothing to do with their abilities, such as mascots and colors. No one respects a team with a lame mascot, like a rainbow or a tree. And anyone with baby blue uniforms obviously sucks; that’s just logic. These are the same methods I’d consult when choosing my stock preferences. “Hmm, Apple is named after a food that I like, while Spam is a food I do not like,” and so on. Money making abilities wouldn’t so much matter as much as how I felt about each company personally.
So, to sum up, you should not trust me for stock advice. But, even me, the person who would pick chapter 11 over the wrong color of blue, knew to stay away from Netflix last fall. Thanks to the hundreds of negative comments, blogs, news reports, and any other form of online media, I knew the company wasn’t exactly bringing in its top market numbers … to put it lightly.
