Welcome to the forums!

Our encouraging community is a dedicated resource for innovators everywhere.

Learn about industry trends, common questions,
and stay informed of the latest happenings at Edison Nation.

XSPL stock

smallprojects's Avatargold

posted    Report this topic
Reply
authorfiction's Avatar

But is it a good stock to invest in. I just good into stocks bought Disney and Pepsi. I could c it's down but is it a good investment..

posted    Report this post
smallprojects's Avatargold

I can not say whether it is a good stock to invest in. Everyone has different investment goals. I would say it could be depending on your strategy. The price is down right now but that means nothing - it is a new startup and it takes time to grow. 

I wanted to start a thread that people could post/follow stock price, stock movement, etc. I am not suggesting anyone should buy stock or not buy stock. Currently the price is near the IPO level so anyone wanting to hold long term say a couple of years or more, it probably would be a good time to buy shares.

Yolanda Jackson
posted    Report this post
karenadams's Avatar

Usually the best time to buy is when a stock is trending up but this is a new company.

Their stock is now at about where they started.  Volume is  low as is market cap.  However they seem pretty aggressive with a lot going on behind the scenes. 

While I see a lot of potential in this company, if you decide to trade, be constantly on watch for shares decreasing, reverse stock split, and then shares continuing to drop.

Hope this helps. 

Chase Fisher
posted    Report this post
smallprojects's Avatargold

Hi Karen, 

I agree, lots of potential and work going on behind the scenes. I am not personally invested in the stock but felt it would be fun and informative to keep a thread going with information related to the stock for others interested to look at. The current moving average convergence divergence is trending downward for likely a brief period of time and such the share price might be in a downward slope, especially if sell volume continues but I would say that overall considering it is a new public offering and the company has yet to announce much or have its 1st year results posted, it's quite normal not much has happened with the stock yet. 

If I was interested in purchasing shares it would be with the understanding that it is a long term investment of a couple years or more. I would be interested at some point in buying shares because I personally like the idea of being more involved with Edison Nation and Xspand but I would only do that with what I what call "play money." 

I will follow the stock and if the opportunity is right later for myself, I will consider a small investment in the stock but currently no extra play money! :( 

posted    Report this post
karenadams's Avatar

 I would definitely consider the same Chase but am in the same boat regarding play money.

posted    Report this post