|Motley Fool: Sept. 13|
|News - St Augustine Area & St Johns County|
Ask the Fool
When Cheap Isn’t Cheap
Q: I see that RadioShack stock has surged lately. I know the company has been struggling, but should I buy shares now? Last I looked, its shares were still less than $2 apiece. - P.D., Archer, Florida
A: You’re under a common misconception, that a seemingly low price means a stock is “cheap” and a bargain. It’s true that RadioShack has been going through some tough times, but a stock price jump doesn’t mean it’s out of the woods yet (and stocks trading for less than $5 per share are typically extra-risky “penny stocks”).
Read entire article: Motley Fool: Sept. 13