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re: Medium risk/high reward cheap stock needed

Posted on 8/17/22 at 7:38 am to
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 8/17/22 at 7:38 am to
quote:

Got 2 down votes yet since this post,


do people really care that much about downvotes
Posted by makersmark1
earth
Member since Oct 2011
20060 posts
Posted on 8/17/22 at 7:39 am to
Trade options.

You can control 100 shares per contract.

Leverage.
Posted by Jjdoc
Cali
Member since Mar 2016
55356 posts
Posted on 8/17/22 at 9:12 am to
quote:

It’s a meme stock. Congrats?


Yes PRTY is meme stock that beats... You are right! CONGRATS!

Purchased at .68 sold $11.

Recession hits.. I buy back in the low $1 range...

quote:

Party City (PRTY) Beats Q2 Earnings Estimates


This quarterly report represents an earnings surprise of 66.67%.


Thank you

Posted by Jjdoc
Cali
Member since Mar 2016
55356 posts
Posted on 8/17/22 at 9:13 am to
quote:

quote:
Got 2 down votes yet since this post,



do people really care that much about downvotes


Not really... There's a poster who follows me around.. LOL!


Posted by whodats26
Metairie
Member since Jan 2008
152 posts
Posted on 8/17/22 at 9:17 am to
NLST
Posted by el Gaucho
He/They
Member since Dec 2010
58305 posts
Posted on 8/17/22 at 11:37 am to
Ear is up like 80 and Whsi is up like 30 today

You shoulda listened
Posted by AllDayEveryDay
Nawf Tejas
Member since Jun 2015
9128 posts
Posted on 8/17/22 at 5:19 pm to
OZSC is getting ready to shoot to the moon. It's only $.013/share! Think of how many shares you could buy!
Posted by Order88
Member since Sep 2010
72 posts
Posted on 8/17/22 at 6:47 pm to
Go to the Trade of Week thread and profit, ur welcome
Posted by Jag_Warrior
Virginia
Member since May 2015
4292 posts
Posted on 8/17/22 at 7:15 pm to
quote:

Trade options.

You can control 100 shares per contract.

Leverage.


Yeah, I mean, since he said that he wanted to gamble, buying some cheap OTM calls or puts probably has as good or better chance of paying off as some of the lotto ticket stocks mentioned in here - especially if he buys a variety. Heck, he could even buy calls or puts on some of the equities mentioned here and really go to town.

The worst thing that could happen (long term) is that he blindly stumbles into a big winner and then starts thinking that trading is easy. Remember the guy on here who said that his wife had quit her job so she could day trade? Back in the early part of last year. She’d racked up some nice wins over 3-4 months, thought it was easy and then quit her job. Haven’t seen that fellow around lately. I suspect he’s hanging out with Rocket, Ancient Tiger and that other character who was shaming others for not following him into that “easy” Celsius money.

Good luck to this kid. His money, not mine. But it saddens me a little to hear a newbie talk about wanting to (blindly) gamble in the market.
Posted by AtlantaLSUfan
Baton Rouge
Member since Mar 2009
26523 posts
Posted on 8/17/22 at 8:14 pm to
SOFI dripped to $6.82 today.
Posted by Guntoter1
Baton Rouge
Member since Nov 2020
1546 posts
Posted on 8/17/22 at 9:31 pm to
quote:

Medium risk/high reward cheap stock needed


OWLT.
Should double easily over the next year or two.
Posted by jamiegla1
Member since Aug 2016
7866 posts
Posted on 8/17/22 at 9:43 pm to
ive got quite a bit of Argosy Minerals (ARYMF). Its an Australian lithium company that has a 2000 TPA facility nearly complete in Argentina. Its like $0.28 right now. When this stage is complete, they'll move towards a 10,000 TPA facility.
Posted by thatguy777
br
Member since Feb 2007
2506 posts
Posted on 8/17/22 at 11:06 pm to
??
Posted by thatguy777
br
Member since Feb 2007
2506 posts
Posted on 8/17/22 at 11:10 pm to
It’s pointless trying to talk to some of these people. We need to do a meet up one of these days. I’ve been busy raising 2 kids but let’s make it happen. One of reasons I haven’t been postng
Posted by Jag_Warrior
Virginia
Member since May 2015
4292 posts
Posted on 8/23/22 at 5:33 pm to
quote:

It’s pointless trying to talk to some of these people. We need to do a meet up one of these days. I’ve been busy raising 2 kids but let’s make it happen. One of reasons I haven’t been postng


Absolutely. I’d enjoy that. I was hoping to meet at least a couple of the (true) traders from here when I was at the investor conference in Vegas a few months ago. I did make a couple of new acquaintances that I’ve kept in touch with. But no one from here.

But it’s hard to know who people are. So at the next one, maybe I’ll put “Jag_Warrior” on my name tag.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
35728 posts
Posted on 8/23/22 at 5:52 pm to
quote:

I dunno why you’re getting so much hate.


Because share price is the worst thing to use to determine if a stock is “cheap”. That’s why.
This post was edited on 8/23/22 at 5:55 pm
Posted by KCRoyalBlue
Member since Nov 2020
1844 posts
Posted on 8/23/22 at 10:29 pm to
WNFT

Shell company with George Sharp as CEO.

Reverse merger incoming within the next several weeks per latest PR.
Posted by SpeedyNacho
Member since May 2014
2556 posts
Posted on 8/23/22 at 11:53 pm to
$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
Posted by Fe_Mike
Member since Jul 2015
3689 posts
Posted on 8/24/22 at 7:17 am to
quote:

Because share price is the worst thing to use to determine if a stock is “cheap”. That’s why.


Yet for some reason, investment institutions and major stock exchanges use share price to determine whether they will deal with a certain company. Interesting.
Posted by Barrister
Member since Jul 2012
5171 posts
Posted on 8/24/22 at 7:25 am to
RGS (Regis Hair). They own Supercuts and other salons. COVID railed them bad. Stock crashed. Currently trading at 1.40

They recently made several good moves and should rebound in 2023. New CEO, movement to more franchise model vs company owned stores, shifting lease debt to franchisee.

I am seeing this as a 2023 PT of $6-$8.
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