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re: Medium risk/high reward cheap stock needed
Posted on 8/16/22 at 6:41 am to DumpsterFire
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.
2
Posted on 8/16/22 at 8:13 am to Bestbank Tiger
quote:
recoup your initial investnent, and let the rest ride.
My biggest pet peave in investing is when people refer to their own damn money as "house money." I instantly don't care what you think about the markets when you say that, just go put it all on black and save yourself some time. What did the house do to take ownership over your invested capital
, you should choose a new brokerage.This post was edited on 8/16/22 at 8:17 am
Posted on 8/23/22 at 11:53 pm to Bestbank Tiger
$MNMD
I love HIVE, but it’s another crypto stock like Argo blockchain, load up under 4$.
But less risk, AMD under 75$ and ride it above 100$. I’ve done it since 2016
I love HIVE, but it’s another crypto stock like Argo blockchain, load up under 4$.
But less risk, AMD under 75$ and ride it above 100$. I’ve done it since 2016
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