One of my favorite “what if” stories is when I wanted to invest in Krispy Kreme donuts when it went public. We could have bought in at $19 per share. It quickly split twice at at one time was over $60 a share. I wanted to invest $1,000. That $1,000 could have become $12,000 within a few months. But Denis was leary of it and didn’t want to buy in. Oh well. At the time, though, when KKD went sky-high, he told me to find another stock to invest in, and he’d do it.
I didn’t have a good resource for research though, so I never did find another stock. Would that I could have had Wikinvest.com at that time! This great new Wiki website features all the information a person could want to research various stocks to invest in. Full background info, financial charts, and even a bulls/bears comparison is available in the user-friendly Wiki format.
Let’s say you want to do Research on Sprint Nextel – you’d simply go to the website, where you can find the complete history and overview of the company itself. I like how there are charts to back up the information – one of the most interesting charts on Sprint was the “Comparison to Competitors” chart. Given the amount of advertising that Sprint does (read: not a lot), I’m not surprised that they have such a low subscriber count but I didn’t think it would be THAT low compared to AT&T and Verizon. I also agree with the “Bulls” assessment that Sprint is ripe for a merger into another telecommunications company.
And that’s just one example of things you can learn at the new Wikinvest.com website. Most of the big firms are represented there and the basic analysis intepretation makes it much more user-friendly than other finance websites which presume the reader knows everything about investing.