re: Medium risk/high reward cheap stock needed

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Medium risk/high reward

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Not the way Risk and Return works

I used to have this “look at market cap only” way of thinking but, for what he is looking for, that’s not really the case. At least not in 2020+ market. I get the logic behind it but take a look at GameStop and let me know how much this market cares about market cap.

There is way more access by uninformed investors and, as such, it’s often not a bad idea to look at price with these micro caps instead of MC. Do you want to have an idea of MC? Yes. But the float, the trading volume as a percentage of that float, and the price are pretty important. The market is stupid now. Things run to market cap values that are just irresponsible, but they get there anyway.

If I buy 10,000 shares of BioTech Awesome Corp for $0.10/share at a market cap of $250M and they release some positive Phase II trial results that will cure cancer eventually (they all do) that stock could run to $1.00 share and a $2B+ market cap no problem in a couple days. It won’t stay there, but it will run because the price is still only a dollar. Now, try to get a $2B market cap on one bit of news with a stock that has been trading consistently at a price of $10/share with a $250M market cap and it’ll get much much more resistance.

At those low prices, a lot of the shares are not controlled by institutions because they can’t buy stocks with prices that low. There are actually strict dollar price limits they trade, nothing to do with market cap. So it’s more of a wild Wild West down there. Retail will “HODL” vs an institution that will sell in massive volumes and squash a run if they hit certain targets.

Basically, the stocks with the higher prices tend to trade a lot more comfortably within fundamental ranges. The stocks with lower prices, even IF the market cap is comparable, are more suspect to technical swings and general market shenanigans. So if you’re looking for a gamble, it can be advantageous to stay below $2/share. Not saying potential short term five baggers don’t exist above that range, but it’s easier to find one at the low prices that will run for no reason.

It’s also easier to find the ones that drop from $0.10 to trips in a month. That’s probably why he accurately called it gambling.

I dunno why you’re getting so much hate. You straight up said you wanted to gamble with fun money. What the hell is the difference in taking a $1500 market flyer vs buying a boat on a whim. But nobody catches flack for buying a boat.

Anyway, to answer your question and get us back on topic, take a look at NWBO.

I will continue to pump this turd til the company releases some news ha.

It’s a dev stage bio currently trading at $0.62/share. They are working on getting approval for a brain cancer treatment.

I suspect news on that front is coming by the end of the year (application for approval, not approval itself). The treatment looks great. The company’s management team is absolutely abysmal. I mean AWFUL. So there is a lot of risk.

I think positive news is coming sometime in November. Price could stay here til then, or may taper down towards the $0.40’s. Either way, if they get approval in the UK (they are seeking MHRA over FDA) it could spike to $5 quickly. That would happen within the next 9 months.

Another good flyer at these prices is SBFM. This company is a pump and dump scam, I want to be very clear on that. It’s not a real company. But they’ve got a low float and low MC and haven’t pumped in quite a while. They just did a reverse split and uplist which tore up their market cap. If they release another pump piece it’ll run 300% overnight. I’m not invested in them but have my eye on it.

Zom

:Itsstillrealtomedamnit:

Here's one you could look at, Reconnaissance Energy (RECAF). It's an oil exploration company that has drilling rights to about 8 million acres in Namibia. A whole basin (think Permian basin). They have already drilled two test wells and found lots of oil shows. Now drilling for production. First of 4 wells. There is oil there, it's just a matter of how much. Some estimates of as much as 120 billion barrels of oil. That is billions, not millions. Big upside here.

Namibia is a stable country that is partnering with RECAF in this venture. Low risk.

IQST

Buy ear bruh

you could almost buy 150 shares of CCL, if you think cruises will bounce back consistently. I’ve been tempted to buy in 100 shares because they were beat up so badly for Covid. I’ve also been looking at Draftkings, they just had good earnings but still down overall past 2 years as well. More states are legalizing, more money.

Look for companies like these that are established but beaten down…imo has much less risk than penny stocks and still high reward potential.

For example, I bought 100 shares of Wendy’s when it was 4$ Years ago because I like Wendy’s and didn’t think they would go bankrupt. It’s at 21 now, I’ve held on to it because I still like Wendy’s. Just wish I had bought more

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PRTY.


During covid, I purchased this around .68. Sold most of it at $11.

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Got 2 down votes yet since this post, it's gone up 38%


1 month ago, $1.09. Today $2.20

I loaded up on SNAP in the 9's last week. It's how a generation communicates.