I placed an limit order for CRESY at 7.4 USD, but now I'm starting to wonder if 1) if it ever would reach 7.4 USD and 2) if it reaches 7.4 USD would I earn any profit within 5 years time? I did my own (little) research, but I feel like Argentina's economy would recover. And CRESY has been around, like, forever, and they seem to be steadly bringing in revenue.
FYI I know I'm stupid to not research, but, my family only had time to invest it for me yesterday, so I didn't really have time to research upon it after school and between homeworks. Maybe I shouldn't really have invested, but I'm not asking about that.
Given my not-very-deep knowledge of stocks and investing, how would you guys identify a BUY for a long-term investment? And does CRESY seem like a good investment?
[link] [comments] https://www.reddit.com/r/stocks/comments/1784pny/i_was_probably_stupid_to_place_an_order/
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