I am very leery of investing in Stocks over here. I have tested some other Asian markets and gotten some returns.
Rather than have my money depreciate (less interest than Current Inflation ), I'd safely set it aside, but where should I put it? When FaceBook IPO came out I thought of buying some 2K FaceBook stocks, but after reading around a bit I decided against this. This was a mistake as it would be valued close to 100K today.
I have the following questions:
- How do I identify stocks like Facebook - a company performing well that takes out its IPO. Are there any companies that look to be in a similar situation?
- I have used the Google finance stock screener which produced the attached image. I asked for ROI TTM % age > 20 part of the criteria . One such result seems misleading for this criteria: OTCMKTS:RNFU Rongfu Aquaculture, Inc. @0.0030 0.0000 (0.00%). The slopes heading down, how is this a +VE ROI? Is there something amiss with these results?
- Can you suggest a better criteria