Stock Market Lesson The Fallacy of Buy Low Sell High of Bad Stocks 'Circuit City'

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The stock market lesson is that "Buying Low and Selling High" of bad stocks leads to total disaster. Case point is the 'circuit City' retail electronic stock, it is continuously collapsing once $10 and much higher it is worth now 27 cents.

November 10, 2008

Circuit City files for bankruptcy protection

RICHMOND, Va. – Circuit City Stores Inc., the nation's second-biggest electronics retailer, filed for bankruptcy protection on Monday but plans to stay open for business as the busy holiday season approaches.

http://news.yahoo.com/s/ap/20081110/ap_on_bi_ge/circuit_city_bankruptcy;_ylt=AhUMyGvUwLzyQO5Ll1Kq2DAGw_IE

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