Ask Question
BusinessBusiness
2 December, 19:04

When buying and selling stocks, common wisdom says "buy low, sell high." What is meant by this? Is it really possible to do it? Why or why not?

+2
Answers (1)
  1. 2 December, 19:15
    0
    It means that you should try and bargain with the seller and convince them to lower the price as much as they possibly can and once they do you can go ahead and sell it for a higher price than they did. Yes it's possible to do it because you can do this with any gullible sellers or easy targets.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “When buying and selling stocks, common wisdom says "buy low, sell high." What is meant by this? Is it really possible to do it? Why or why ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Limited decision making is used when purchasing frequently bought, low-cost items needing very little decision effort. True or False?
Answers (1)
Wifty Company sells one product. Presented below is information for January for Swifty Company. Jan. 1 Inventory 103 units at $5 each 4 Sale 82 units at $8 each 11 Purchase 135 units at $7 each 13 Sale 102 units at $9 each 20 Purchase 167 units at
Answers (1)
Which two choices indicate a trade-off? -She will try to find another seller selling the T-shirt for a lower price. -She will give up on the T-shirt and use the money to buy better jeans.
Answers (1)
Some businesses have created open-area workspaces where employees sit at desks that are side-by-side and no walls are between them. This is to foster collaboration among the staff. What aspect of culture change does this represent?
Answers (1)
What is not a required deduction
Answers (1)
New Questions in Business
Personal selling: A. Is indirect written communication between buyers and sellers. B. Is indirect spoken communication between buyers and sellers. C. Is not usually combined with other aspects of promotion in the total marketing mix. D.
Answers (1)
Elimination x-y=-8 and 3x + 7y = - 14
Answers (1)
Managers often base their hiring decisions on gut feelings. these feelings are typically formed within two minutes of meeting a job applicant and have little to do with the applicant's ability to do the job.
Answers (1)
Leesburg sold a machine for $2,200 on november 10th of the current year. the machine was purchased for $2,600. leesburg had taken $1,200 of depreciation deductions on the machine through the date of the sale.
Answers (1)
Which type of training would be considered vocational training?
Answers (2)
Home » Business » When buying and selling stocks, common wisdom says "buy low, sell high." What is meant by this? Is it really possible to do it? Why or why not?
Sign Up Forgot Password?