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Started By
Message
Medium risk/high reward cheap stock needed
Posted on 8/15/22 at 9:11 pm
Posted on 8/15/22 at 9:11 pm
Business has been pretty good lately, and I put a 1500 bucks in my TD Ameritrade account today strictly for gambling purposes.
Anyone have any suggestions for a stock that currently costs less than 2 dollars that might take off?
I had Argo Blockchain last year and AITX before that and they both turned out to be complete turds.
Thanks in advance
Anyone have any suggestions for a stock that currently costs less than 2 dollars that might take off?
I had Argo Blockchain last year and AITX before that and they both turned out to be complete turds.
Thanks in advance
30
Posted on 8/15/22 at 9:22 pm to Sgt Tuffnuts
quote:
costs less than 2 dollars
But, why?
Posted on 8/15/22 at 9:23 pm to Sgt Tuffnuts
There's no reason to limit yourself to sub $2 stocks, price per share is irrelevent to risk/reward, really it's irrelevent to everything except options. You seem to be trying to ask about small caps?
Posted on 8/15/22 at 9:25 pm to Sgt Tuffnuts
Sounds like you are looking for a small cap stock. Look at market cap instead of share price as that is not indicative of a company’s size.
Posted on 8/15/22 at 9:31 pm to Sgt Tuffnuts
Most people would prefer owning a million shares of a company worth $1/share rather than one share worth $1M/share. If it is only $1/share, then you can dream how rich you will be if it only gets to $100/share even if that implies the company would be worth $50T.
Posted on 8/15/22 at 9:32 pm to Sgt Tuffnuts
Just go buy a damn scratch off. Jesus. This kind of thing is getting pathetic.
Clearly the fed is not being nearly aggressive enough. I have yet to see much demand destruction
Clearly the fed is not being nearly aggressive enough. I have yet to see much demand destruction
Posted on 8/15/22 at 9:41 pm to TigerDeBaiter
QT doesnt even really start until Sept. We got a long way to go.
Posted on 8/15/22 at 9:46 pm to Sgt Tuffnuts
NVDA or DIS
ETA: I ignored the part about $2 since it makes no sense to me.
ETA: I ignored the part about $2 since it makes no sense to me.
This post was edited on 8/15/22 at 9:47 pm
Posted on 8/15/22 at 10:04 pm to Sgt Tuffnuts
ORGN
Posted on 8/15/22 at 10:31 pm to TigerDeBaiter
quote:
Just go buy a damn scratch off. Jesus. This kind of thing is getting pathetic.
To be fair, I haven’t seen one of these threads in a little while.
Posted on 8/15/22 at 10:51 pm to Sgt Tuffnuts
Apparently this isn't the place to go to get a straight answer to a question. It's only 1500 bucks and I've thought this over and can afford it. Sheesh!
This post was edited on 8/15/22 at 10:53 pm
Posted on 8/15/22 at 10:52 pm to GeneralLee
quote:
ORGN
I'll check it out. Really do appreciate that!
Posted on 8/15/22 at 11:10 pm to Sgt Tuffnuts
People are trying to help you understand. Why do you insist on not listening. The price of the share is irrelevant, especially now that you don’t even have to purchase full shares.
What is the difference in owning 1500 shares of a stock that’s $1 or 750 shares of a stock that’s $2 if the market cap is the same?
What is the difference in owning 1500 shares of a stock that’s $1 or 750 shares of a stock that’s $2 if the market cap is the same?
Posted on 8/15/22 at 11:12 pm to Sgt Tuffnuts
Dydx perpetuals. use a vpn.
Posted on 8/16/22 at 12:45 am to nugget
He wants something under $2 because it might event pop off to $20 $50 $100.
Buying a stock at $150. It may go up to $200?
It’s strictly gambling lol
He wants 1000 shares to each go up $50. Not 10 shares each up $50.
Buying a stock at $150. It may go up to $200?
It’s strictly gambling lol
He wants 1000 shares to each go up $50. Not 10 shares each up $50.
Posted on 8/16/22 at 5:01 am to Sgt Tuffnuts
MO
VZ
Unfortunately many more $2 stocks go to zero than $100
VZ
Unfortunately many more $2 stocks go to zero than $100
Posted on 8/16/22 at 5:26 am to Sgt Tuffnuts
PRTY.
During covid, I purchased this around .68. Sold most of it at $11.
It is around $1.60 right now
During covid, I purchased this around .68. Sold most of it at $11.
It is around $1.60 right now
Posted on 8/16/22 at 5:33 am to makersmark1
quote:
Unfortunately many more $2 stocks go to zero than $100
These seem to be the types of stocks many like on this board for some reason. See above as an example. Great if you got in early but not great when you left holding the bag on many of these stocks. I advise against buying a cheap stock because many times there is a reason they are cheap.
This post was edited on 8/16/22 at 6:20 am
Posted on 8/16/22 at 6:37 am to Sgt Tuffnuts
Whsi
Posted on 8/16/22 at 6:41 am to DumpsterFire
quote:
Most people would prefer owning a million shares of a company worth $1/share rather than one share worth $1M/share. If it is only $1/share, then you can dream how rich you will be if it only gets to $100/share even if that implies the company would be worth $50T.
Also, if it doubles you can sell half your shares, recoup your initial investnent, and let the rest ride.
That ignores taxes and partial shares but it perfectly describes most people's psychology.
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