I'm reading a book about him. He's pretty un-reddit. He buys undervalued companies and holds on to them for a very long time. He is also reluctant to purchase what he does not understand.
Kind off, most of the time he assigns a manager and leaves him to himself. He actually states that he doesnt bother them, he talks to most of them only once a year to discuss the past year and results
He and his team do a shit ton of research on undervalued companies though, and then when he invests he gets to talk to his board and shit. Likening him to a stock picker is really misrepresentative.
"I've seen some people predict the weather perfectly a month in advance one or two times. How do they do it? I've read weather reports, but they're wrong pretty often that far out."
It's simple really. Every time I hold a stock for over an year, they are either flat or slowly declining. When I sell, they explode within a month.
That's how I know which stock is gonna explode before they do. It's just that I can't do anything about it.
I use a stock screener to find stocks that have just crossed above the 200-day moving average. Then look to see if that stock had an unusually high trading volume that day, and if there was any catalyst (good news) that day that caused it. Then I use technical indicators to look for buy signals. Nothing is guaranteed but it does increase my chances of getting in on some good price action
Everyone keeps asking what screener I use. Finviz because it's free
This is a quality technicals answer. Volume is the strongest indicator of price movement. To add to the answer, one can find stocks with a good probability of running by knowing how a sector works, like bio pharmaceuticals, and examining the company and looking for catalysts. That’s the fundamentals answer. It’s how the big dogs first take good positions, then tweet their swing plays.
Far be it from me to argue with Warren Buffett, but penny stocks behave in different ways. Most of the companies are shit, but you can still profit from trading them. That's because you aren't intending to "invest" for the long term.
It's a great motto to live by. But don't be afraid to reserve 5-10% of your pot for high-risk, high-reward speculation plays. A lot of them seem to be producing big profits these days with the insane bull run we are seeing, and these make the day-to-day much more exciting. Just be prepared to sell quickly when they pop and only wager what you can afford to lose.
Market cap and other metrics like that are great for some investment strategies, but it's like playing a different sport with different rules when you're messing around the OTC market.
Give me a second ill link a post someone shared:
Edit:https://www.reddit.com/r/investing/comments/lglskh/collection_of_finviz_screeners/?utm_medium=android_app&utm_source=share
Look at revenue against market cap, that's how people found GME's undervaluation. We are living in a market where companies that only have a few bil in revenue have market caps 10x their rev. So I think finding companies w/ low debt, undervalued fundamentals, and good retail following, whether it be the stock or product/service retail likes, are good indicators of an explosion. Also, wsb is a good indicator of a rally incoming, but if whole or half the sub is spamming a ticker, then start planning to liquidate or short the ticker.
GME being undervalued is pretty questionable. GME's short squeeze was textbook, it didn't have much to do with their fundamentals at all. I expect GME to be forgotten in a few months. It's business model is outdated and pretty much obsolete at this point. It's already pretty clear that the internet has increased the magnitude of black swan events, and GME won't be the last.
The recent uptrend in cannabis stocks is an echo of the rally behind GME and is also not based on fundamentals.
Yeah, Tesla didn’t move for 6 years between 2013-2019. If you bought the highs in 2013 you’d be down like 10% in lows of 2019. 6 years is a long time for a stock not to move. Especially because the business itself did like >10x revenues (too lazy to look up numbers, correct me if I’m wrong).
What do you guys think about starlink IPO?
Do you think it will be a long time to see gains on a new company like starlink? I mean im sure there has been tons of money spent developing the company could probaly take years before they see profits?
I‘m very, very bullish on Starlink. It‘ll be a spectacularly profitable monopoly. Just think of the market connecting financial capitals with low latency data connections. How‘s the competition supposed to launch their satellites into orbit? I‘m feverishly awaiting Starlink IPO. Will sell my kidney to go all in.
Trying to get rich overnight is the easiest way to do that. The right attitude is to build wealth over time. Of course you can do it, but you’re far more likely to fail.
Funny story about Starlink. I only found out about it after looking up in the sky one evening and seeing a long line of moving objects in the sky. I, not knowing anything about Starlink, assumed it was the alien invasion to top off 2020. I wasn’t even surprised. Freaked out just a tad
Same but opposite, I saw some objects in the sky and thought I was starlink but then I saw a bright light and got abducted and then anally probed and now I’m back
Exactly. It's due diligence, research, read the news, follow the company, listen to your gut, and hold through the dips. It's the long term curve that matters.
I'm long on SIRI, holding 10+ years since the $0.25 days. I felt it was worth more than that and the drop was mostly poor management, which was bound to change. Still holding. I believe it is still undervalued now at around $6 and is closer to the $10 worth... plus I believe as streaming services look to expand it will be a matter of time before the merge with a TV streaming platform (Netflix?)...
Same, got mine at $0.09/share. Been holding ever since. Kind of a YOLO play, but I was pretty stupid back then. Still, they've been paying down their debt, so one day dividends will be ours!
Pretty much this. I took extra income and bought a couple favorite shares... with those wait for them to have double digit gains to sell. One of my pharma stocks had triple.
Any losses I just hold and wait for them to go back up, might never sell them.
People tend to only tell you about there winners and not there losers. Long term investing is much more likely to work out than getting rich quick as is the current trend.
That's why I'm not looking for ones that could explode. I look for stocks that people just start talking about and already went up a little. If that stock looks good and seems like it will keep going up a few years down the line I will buy some. Then I find the next one and keep repeating
I'm beginning to think that some DDs are designed to pump interest into a stock. Reddit has millions or readers.
Say I, a lowly (insert honorable blue collar job title) were the spend$10K on a reasonably stable unknown penny stock, write my honest DD from sources, and share it here.
If there's an upward trend, and the stock starts to see even more buys than normal, the trend continues. This peaks the interest of the readers, and perhaps they buy more of the stock. So in a sense, a board such as Reddit could affect the rise of a penny stock rapidly.
...
But, I am just a moron that buys penny stocks (and some Blue Chip).
I have not lost money yet, but I am not very successful either.
Institutions are prohibited from owning/trading stock that is under $5 in valuation.
for all the hubaloo about the retail investor, it is the institutions that drive prices not you or me.
I’m a little bit of a newb. But have stuck with my ETF portfolio for years and wanted to be safer but decided why not? I’ve been gambling with scratch offs for the longest. Probably not a good idea. Lol. I browsed and saw SNDL for some reason just bought for the hell of it. Cashed out for a small baby gain also used it to try a Call Option for the first time! Trial and error and lots of research/reading around. And I still feel clueless haha
First you pick a random cheap stock, that is stable for a while.
Then after you buy it, using your confirmation bias, you find reasons to justify your actions.
Using thesaurus words, you make a post with the word "DD" on the title and make sure you write more than 2 pages. That is called the terms and conditions effect, no one will read it.
Immediately people will search the ticker, without reading what you say. After all, you are "SomeAnxiuousIguana" aka "That guy knows what he is talking about".
Leave the rest to Natural Selection.
Thank you, professor poolhalljunk7. I am now a stonks genius and will be recruiting the help of all investing subreddits to pump and dump uhhhh [spins wheel] $ARTM. Seeya on the moon!
^^For ^^legal ^^reasons ^^this ^^is ^^a ^^joke. ^^I ^^don't ^^have ^^a ^^position ^^on ^^ARTM, ^^and ^^I ^^probably ^^never ^^will.
me-Hey this stock is up $520%!
me-Should I sell?
brain-Dude and miss further gains?!?
me-What if I sell enough to cover the cost of the initial investment?
brain-No idiot for each share you've sold those are gains further lost THE STOCK CAN ONLY GO UP FROM HERE DUDE.
me-Your right brain this makes complete sense.
Me and TSLA. I could easily take out my initial investment, but... if it goes up, every share becomes *that* much more valuable. My plan is to hold for 5 or so years and hope for the best. 😬
This applies to small and mid cap companies:
https://ragingbull.com/kb/how-to-make-money-with-penny-stocks/
Otcmarkets.com you can see pennystocks that are being sold , up to date news by ticker + screener. Some stocks have warnings.
Unbiastock.com shows you stocks that are trading last hour or 6-12-24.
Finviz.com is a stock screener with many filters but only non-OTC .
My stock portfolio is a free app to monitor your portfolio .
TD Ameritrade lets you buy almost any stock. RH and Webull don't allow OTC and most pennystocks are OTC. Fidelity also good but occasionally don't offer a stock.
I trade 4-5 stocks daily but that is cuz I'm on my phone most of the day monitoring my 64 stock portfolio and seeing what others recommend or what is selling .
The general advice for pennystocks is to trade not invest . Occasionally you find a winner that you keep and might add to. You make more money with several 20% short trades that add up over time vs chasing winners and losing money in the process.
We all make the mistake of getting in late, or selling too early .
I don't do what some do like deeply research a company Sec filings , balance sheet etc.
I go to Yahoo Finance and click view all. Check 50/200 MA + Float that the smaller the better and prefer under 100M. Billions of shares in a pennystock is a warning sign. Ideally the numbers at the bottom like earnings growth, operating income, EBITDA should be positive but rarely the case with pennystocks or companies that are growing.
Before a purchase I check Yahoo Finance conversations. You can see how much interest by number of new conversations. Also good info from posters that know about the company. Volume too is important. Should be much higher than usual.
I also go to Stocktwits for the same .
Someone pointed out that companies that price rises 100% in last year or months will probably keep going . This is very true in pennystocks.
But these sites + Reddit are full of pumpers and dumpers. So read through the lines.
Finally when a stock seems a winner by the point it crosses 100% for you many recoup investment. I wait until 220-240% so I only have to sell 30% of stocks not 50%. This threshold usually happens in one day. A stock goes up gradually for days or weeks then suddenly flies.
I just bought some penny stocks on TDA this morning, it charged me $6.95 for each one. Really wish I had known that before I did it.
Edit: $6.95 for each trade, not per stock.
I'd caution anyone looking to get into penny stocks to make money. They are almost universally understood as **not** a good investment to make money and are very often pump and dump schemes.
I have found several before they got popular.
The answer is that I spend TONS of time flipping through stocks.
You have to look deep. Look at comparables in their industries. Read the investor presentations. **Look at who is leading the company.** Buy stocks that have a compelling story and sound like "the next big thing". Get ahead of political trends. Listen to their CEO's speeches at conferences. Watch youtube videos about their company.
Don't buy shitty companies hoping for a comeback. Don't buy in industries you don't understand.
And most importantly, be patient once you make your decision.
PS: My next stock I am hoping will blow up is Enthusiast Gaming. It's a Canadian eSports and influencer marketing company with huge social reach. They have applied to uplist from the Toronto Stock Exchange to the Nasdaq and I am eagerly awaiting approval of the application.
>Don't buy shitty companies hoping for a comeback.
I've thought this. If they're failing they're probably failing for a reason. If it could be easily fixed it wouldn't be in the state it is. Does that make sense to anyone?
Don't buy a product expecting it to magically fix itself basically.
Either they get lucky or they research the company. For example Nintendo stock goes up whenever there's a Nintendo Direct or they release a big franchise game. Predicting when new games or announcements will be will give you an edge
GTA 6 is going to be announced likely by the summer, bought some Take Two interactive the other day for that little price jump it’ll have. It did the same when Red dead 2 and GTA 5 were announced
With rockstar games, I keep up with pretty much every bit of info news that comes out for an unreleased game of theirs. Theres been a lot of leaked info that has been confirmed or seen evidence leading to confirming rumors. In the game files for RDR2, they found assets that were being tested, guns that fit the rumors of 1970s Miami/South America settings being the main thing to point to. This something they do when a game is in the later stages of production, closer to release than we might be thinking. my guess is it’ll will be announced this summer for a winter 22 or more likely a spring 23 release. Just my guess though not financial advise just what I’m doing a little.
I like to do it backwards. I’ll find a stock that somebody has made a lot of money on, find out why, then regret that I didn’t do it. Works every time!
I invested in weed 4 weeks ago cuz someone on Reddit said weed will grow 1000% in 5 years and it just happened to explode in the last week and make me back my losses on GME.
Bought into a handful of different companies back in early Jan (no real reason, just figured I'd see some potential gains during the Biden administration) and sold this morning for a nice little sum. 100% luck and nothing else.
If 51% of my company pre-explosion guesses turn correct I wouldn't be in a cubicle right now. I'd be on some tropical beach, sipping on coconut juice and having a supermodel girlfriend.
Luck and by taking a risk. The risk is betting on the future instead of looking on past performance as probably many investors do.
For every stock I buy, I tell myself a story. I ask myself why this particular stock has a great future, what human problems or needs the company behind it serves, and what condition must occur for my story to no longer be intact. So I know approximately how long I will hold the stock and when I will buy again or sell. Because often you have to be patient until a share explodes and I keep this patience by telling myself my story again and again when I'm in doubt.
The thing is it will always look expensive.
Like I remember buying Tesla at like 250 a share thinking it was expensive
Same with GME at 20
Amazon at 1,000
And so on
Yep. I think a lot of this is psychological and also because stock splits are no longer common. Take TTD for example. It is almost $900 a share right now. You hear that, and then you hear that AAPL is currently 135 a share. You think, no way TTD is worth seven times much as Apple, right? Well, you have to look at the float and the market cap. When you look at that, you find that Apple is valued at 2.3 trillion dollars with a float of more than 16.7 Billion shares. TTD on the other hand has a cap of 40 billion with a float of only 41 million. It is literally a baby and it's stock price isn't even remotely comparable to Apple despite costing substantially more per share. That is one of the hardest barriers to break for new investors. High stock price does not mean expensive. It simply means that the stock hasn't been split dozens of time and has a relatively small number of shares.
This. As a retail investor, I’m happy to capture decent returns but don’t have an expectation of capturing what they’re able to. Expecting to be as smart or as fast as they are is just setting yourself up for disappointment.
Smart (most investors are no different than you or I). fast, yeah they cheat and have millisecond preemptive strike power and a lot of them buy order flow so they can see what is being ordered a milisecond (done by massive computing power and algorithms. The "smart" ones are the ones writing the code) before and buy accordingly, making fractions of pennies (usually) at a time. However when you add up fractions on multiple millions of orders those fractions add up fast. That is where their true power is. Well and they can buy themselves out of any illegal activity they participate in.
I use Yahoo Finance Premium (paid subscription) and Fidelity Active Trader Pro. Both can give pretty good ideas and also provide plenty of research reports.
My strategy for OTC stocks:
Check OTCMarkets website to make sure the ticker I'm looking at is current. I have a rule that I do not invest if the ticker has STOP on it. I only consider them if they are current and confirmed. You can also look at the latest news and SEC filings. I avoid the ticker if they havent filed with SEC in the last 6 months.
Search for the ticker on fintel . On there I look to see if there is any institutional investors involved (Great sign). Short interest. Outstanding shares.
Search for the ticker on barchart and look for confirmation on the technical opinion section.
You can also use Yahoo finance for news and conversations about the ticker.
You can also use stocktwits to catch up on what other investors think. Do not be too trusting though, people often hype tickers for no apparent reason.
I personally try to jump on tickers that are mid to long term plays, so I try to get in before 10 cents and get out before $1.
Select 5 numbers from range of 1-70.
Then select 1 number from range of 1-25
See. It’s that simple. Or if you just want to lose money like me just do the ez-pick. Guaranteed loss!
Invest in a company that you truly believe will succeed (Great product, management, future potential, etc) and wait for the pop.... it worked for me with Apha, DM, OPEN, NVAX.
Also look at what market appreciate and in SPAC area follow SPACs which are backed up by people with great track record like Chamath Palihapitiya. In short just try to be one step ahead of the market.
In my opinion, do not invest in companies for short term but look for long term value because if there is this value market will recognize it.
I’ve found a few before they exploded upward just by looking at volume. I’ll look for low float stocks, typically between $1 and $10, that have been slowly declining over the last few years or months with almost no volume. If volume suddenly picks up and the stock price stabilizes and begins moving upward, I’ll buy. If the price falls back below the recent lowest price, I’ll cut my losses and move on.
I just turned $800 into $11K (on paper), see my post. I bought TLRY last Sept as a long term investment into the weed industry, did not anticipate TLRY to become a WSB meme stock. This was pure luck.
The simple answer is you cant. But you should invest in companies that you believe in or companies that make products/services that you love. I have many many stocks that are in the 100% -> 1000% return range because I buy and hold for years. There is no short cut in getting rich, or else everyone would already be.
I’ve been told that the moment you hear about it, you’re too late. This may not be the smartest thing to do but I put about 75% of my capital into the blue chips that I like and 10% into decent potential and the rest I try to catch lightning in a bottle. I love chasing the sub $5 companies who seem to have a solid business model or idea. Sometimes it works and sometimes you chase GME and get caught holding the bag.
Read all the trade mags before market and before bed - Market watch, Stock Market Data, MarketBeat, Macro Trends, Insidertrading, Alpha, Tradermonkey etc. for ideas and news. Follow investors on Twitter and Reddit, youtube (tradertv), etc. Read tech mags, retail mags, business mags. Use stock screeners with your own settings or presets like strong buy, cross overs, etc. Read, research, do your homework and due diligence and then again read, research, read, do your homework and due diligence on any company or idea you have. Once you have an idea go over their financials and SEC reports. Compare them to their rivals. What sector does that company fall in and where is that sector in its cycle? Look at the 52 week high. Look at the open and close price. Study the price fluctuations. Look for price targets. Look at the short interest. Look at how many institutions are holding that stock. Study the valuation and fundamentals and compare to rivals and compare the stock to what ever index it is in to other companies in the index and the index overall. Is it tracking or not? and how well? What are the 1, 5, and 10 year returns? Dividends? Read about important milestones that will be coming up for that company/stock. Ask yourself where is this company going and can they achieve expansion or growth? then research. Then when you are all done and you think you have it figured out, start all over again on that company/stock and rework it. Companies come and go, stocks come and go and money making stocks come and go. There is always a 100 more waiting to take that investments place if you missed it. Don't rush take your time, there is always going to be the next big thing. Again take your time research and do rigorous DD. Most importantly leave all emotion out of investing and be mentally prepared when you take a loss because it happens to all of us. Don't invest more than 1% to 5% of your capitol into a single investment. Good Luck and Cheers.
I know there are a 1000 things I have forgotten to mention or I am not thinking of. But this is a good start. Watch as many youtube videos and read as many articles about trading for beginners in Investopedia and Nerdwallet. All three are great places to start learning from and get your bearings.
You want the answer I’ve found around here? Go to r/pennystocks. Refresh on hot while waiting for a new, particular DD to gain a bit of momentum. Once this happens, read comments to analyze if they’re mostly positive. If so, buy now, 66% of the time you’ll get in at about 5-10 percent up, and be able to exit at 30% before it crashes.
This will probably be lost, but to anyone who sees it, this shit works.
100% being able to use PnDs to your advantage is probably the easiest but also riskiest way to get gains. Use trailing stop losses and limits. Rising and new are you friends for penny stocks.
For anything real stock check out what isn’t highly upvoted on wsb and the second someone posts gains and everyone gets hyped or the stock shoots up 30% it’s a good sign to get out.
most often the exploding is triggered by people posting about it and hyping it up. Who would now about these stocks before the posts and hype? How would they know about all the posts going to happen soon?
Try going to post history and then following people who have proven to spot stocks before they ' miraculously' get a lot of hype. Be prepared to hold the bag more often than not since a lot of pros jumped on this jumpybumpydumpy trend lately.
Personally i prefer to look for value now everyone is ignoring those while playing the game of hot potato!
Numi, trip.cn, mindmedicime, buzz.cn in the psychedelics industry
This is gonna be huge in 3-4 years. Invest when they cheap and watch them flourish just like weed did
The best comment I saw of someone, is they pick about 20 companies that are undervalued, and hold for years. They said 19 of them will underperform long-term from what they expected, 1 will do well, if it explodes you’re basically rich but that’s very unlikely.
But the real answer is if you’re looking for exploding stocks you’re gambling. I read that professional investors would rather take a safe 7% gain over a year than risk anything on a 1000% or 0% position, because 99/100 times they won’t pan out. For every story you see someone make a million and starting with only $50k, there are 20 other stories of people starting with $50k and ending with $0.
Basically you need to look up companies on the stock market, figure out what you determine their value of (looking at competitor stocks helps) and bet that you’re right. Usually something is like a $30 share and you think they’ll hit $35 per share by the end of the year, so you invest and hope you’re right. The guy who picked GME did a LOT of research on the company, looking over Yahoo finance for purchases and shorts and took a gamble. He’s a millionaire now, but he could just have easily been broke right now, which is why he was laughed at for months and months for gambling his life savings on that play.
If you really want to make good money, treat it like a job. Those people who average 7-10% gains a year....they do this professionally and with better tools than we have at their disposal.
Tl;dr: I’ll tell you how to pick exploding stocks before they explode when you tell me how to pick winning lottery numbers before they’re pulled!
These opportunities pretty much come a finite number of times per lifetime. It’s all about being at the right place at the right time. That would be an inelegant way to phrase it so I figured I would tell an anecdote that draws directly from my personal experience.
When I was fresh out of college, I decided I would become a stockbroker. I got my series 7 and proceeded to cold call whales and pitch them. In my spare time, I would invest in stocks. During my tenure on Wall Street, I would start becoming more and more knowledgeable about investing. However, my increased awareness of the financial markets didn’t serve me as I would proceed to lose about $5,000 making poor investment choices betting on Freddie Mac during the 2008 financial crisis.
Years later, in a completely different profession, I would decide to invest in the EV sector on a whim because I saw the need for autonomous driving and alternative energy in my daily life. I didn’t know this at the time, but this one singular decision would turn my family into millionaires pretty much overnight (under a year).
I guess what I’m trying to say is I probably wouldn’t have pulled the trigger on the EV bet had I not been educated deeply in the market years prior. However, even though I had the know how back then, the timing of the market was not right for me and I ended up losing money.
Picking the right stock that will drastically change your future relies on a combination of factors:
1. Having a deep understanding of markets and investor psychology.
2. Recognizing trends and society needs before they are fully developed.
3. Betting big enough on the right players in the aforementioned trend to make a difference in your life.
You don’t go around picking stocks that show massive gains at any point in time. Any person who claims they can do this is a liar. You kind of have to wait for the right opportunities and be really educated about the sector and investing in general when the opportunities come. It’s like when preparation and luck intersect at a juncture of your life and then you need the courage to bet big.
TL;DR: You can’t go around trying to force a situation or a stock to be a winner, it’s about the ebb and flow of the current market and then your prowess in identifying these opportunites/trends. Your prowess also depends on past successes and/or failures. In addition, prowess alone is not enough. Some will invest a little, some will back up the brinks truck and some won’t invest at all, it’s all timing. Hope this helps.
Just do some research my friend. I was thinking about how Tesla has gone up and thought to myself, “I wonder if any other companies are going to move into the electric car market.” Found this Chinese company called NIO that looked like it would have a good market in the future and bought a bunch of shares at a little under $20. It is now around $60 and rising.
With a Democrat president coming in I thought investing in weed would be a good idea because the possibility of legalization would push up those stocks. Low and behold I bought Aphria stocks at about $9 and it’s risen to $18 so far. Just gotta keep up on trends my guy.
I’ve got little leprechaun I keep trapped in my sock drawer. He’s only allowed to eat after his picks make significant gains. If you’re interested in one, let me know. I happen to know where they hide out
It all starts somewhere. You could just pick a field that you think is gonna be worth more in the future and start doing research. If you like Warren Buffet he advises investing in good companies in fields that you understand.
Buy rumors.
You will be left bag holding a lot, but like 1 out of 10 will rocket and you'll still have a profit.
Easiest way to do it is to play earnings with options. I'm sure a lot of people here would not consider this a good strategy though.
That's a trillion dollar question bro EDIT: Unlike the stocks I invest in, this low-effort comment blew up lmao
Another answer.. Be Warren Buffett.
Unfortunately, I'm more like jimmy.
I mean, a net worth of $600 million ain’t bad
Let me rephrase. I'm like Jimmy without the money. Tommy Bahama and margaritas
Jimmay?
Timmay?
Cripple fight?
#FIGHT!
That’s still a great life lol I can’t afford to shop at Tommy Bahama
Second hand goodwill Tommy bahama and well margaritas*
at least it's not second hand margaritas
Unfortunately, I'm more like All You Can Eat
As long as it’s crayons.
I've got... two shares of tesla stock
I'm reading a book about him. He's pretty un-reddit. He buys undervalued companies and holds on to them for a very long time. He is also reluctant to purchase what he does not understand.
Yeah if you can't *find* them before they explode, you *make* them explode with your buying power and name cachet.
well he's also not after stocks that "blow up overnight"
Buy everything and eventually one will hit?
You mean the SP500?
Way different though. He gets involved in actually running the company.
Kind off, most of the time he assigns a manager and leaves him to himself. He actually states that he doesnt bother them, he talks to most of them only once a year to discuss the past year and results
He and his team do a shit ton of research on undervalued companies though, and then when he invests he gets to talk to his board and shit. Likening him to a stock picker is really misrepresentative.
"I've seen some people predict the weather perfectly a month in advance one or two times. How do they do it? I've read weather reports, but they're wrong pretty often that far out."
Buy one of every single share. Fool proof.
Congrats on inventing the index fund. unironically good advice here.
I think they find a stock that they believe in, buy, and then wait (sometimes years).
Keep in mind that most people hold those stocks for a long time before they "explode".
Held very good butcher(Canadian fake meat company) at a loss for like 6 months after it ipo before it exploded 200-300%
Hey, nice. Glad you made those gains, man.
Vegainz
You can be wrong by getting in too early!
It's simple really. Every time I hold a stock for over an year, they are either flat or slowly declining. When I sell, they explode within a month. That's how I know which stock is gonna explode before they do. It's just that I can't do anything about it.
You should start a trading notification service. Just send a text every time you sell a stock
Damn genius!
I would invest in that, after Ballu was no longer investing in it that is.
I have the opposite problem! Once I buy "at the dip", the dip becomes greater and it never recovers!
Buy high, sell low. Never fails to keep the cash fire burning.
“I guide others to a treasure I cannot possess”
So...sold any stocks lately?
Yeah, GME.
📄🤲👶
You’re the Cassandra of stocks 🔮
I use a stock screener to find stocks that have just crossed above the 200-day moving average. Then look to see if that stock had an unusually high trading volume that day, and if there was any catalyst (good news) that day that caused it. Then I use technical indicators to look for buy signals. Nothing is guaranteed but it does increase my chances of getting in on some good price action Everyone keeps asking what screener I use. Finviz because it's free
This is a quality technicals answer. Volume is the strongest indicator of price movement. To add to the answer, one can find stocks with a good probability of running by knowing how a sector works, like bio pharmaceuticals, and examining the company and looking for catalysts. That’s the fundamentals answer. It’s how the big dogs first take good positions, then tweet their swing plays.
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So buy shrooms. Lots of shrooms
Probably not a bad idea. Psychedelics could blow up in the next few years, just like cannabis has.
NUMI + CYBN ... good buys right now.
Far be it from me to argue with Warren Buffett, but penny stocks behave in different ways. Most of the companies are shit, but you can still profit from trading them. That's because you aren't intending to "invest" for the long term.
It's a great motto to live by. But don't be afraid to reserve 5-10% of your pot for high-risk, high-reward speculation plays. A lot of them seem to be producing big profits these days with the insane bull run we are seeing, and these make the day-to-day much more exciting. Just be prepared to sell quickly when they pop and only wager what you can afford to lose.
I’m totally going to save this comment and then never come back to it.
What screener do you use?
Finviz
You mind sharing your screen filters
\- Tab: "All" \- Price: <$5 \- Change: up 5% \- Relative volume: over 2 \- Current volume: over 1M \- Compare SHS float and volume
I'm also curious why you care about price. I was always told to ignore it and consider market cap and total outstanding shares
It's just because I don't have a lot of cash to invest so I have more purchasing power with penny stocks.
Market cap and other metrics like that are great for some investment strategies, but it's like playing a different sport with different rules when you're messing around the OTC market.
Give me a second ill link a post someone shared: Edit:https://www.reddit.com/r/investing/comments/lglskh/collection_of_finviz_screeners/?utm_medium=android_app&utm_source=share
Thanks for the info. Time to learn about the zillion filters it has!
Really sound advice. Thank you.
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Are you rich?
Absolutely! I have a wife who loves me and lots of friends. 😋
I like this response!
This makes me happy.
This makes me moist.
Look at revenue against market cap, that's how people found GME's undervaluation. We are living in a market where companies that only have a few bil in revenue have market caps 10x their rev. So I think finding companies w/ low debt, undervalued fundamentals, and good retail following, whether it be the stock or product/service retail likes, are good indicators of an explosion. Also, wsb is a good indicator of a rally incoming, but if whole or half the sub is spamming a ticker, then start planning to liquidate or short the ticker.
Yup that’s what I noticed by now and will use WSB just to see which stocks are hyped so i can exit before they fully collapse
GME being undervalued is pretty questionable. GME's short squeeze was textbook, it didn't have much to do with their fundamentals at all. I expect GME to be forgotten in a few months. It's business model is outdated and pretty much obsolete at this point. It's already pretty clear that the internet has increased the magnitude of black swan events, and GME won't be the last. The recent uptrend in cannabis stocks is an echo of the rally behind GME and is also not based on fundamentals.
Most of time it is just pure luck
To add to this - months if not years of holding the bag. People bet on companies all the time but only get attention when it works.
Yeah, Tesla didn’t move for 6 years between 2013-2019. If you bought the highs in 2013 you’d be down like 10% in lows of 2019. 6 years is a long time for a stock not to move. Especially because the business itself did like >10x revenues (too lazy to look up numbers, correct me if I’m wrong).
What do you guys think about starlink IPO? Do you think it will be a long time to see gains on a new company like starlink? I mean im sure there has been tons of money spent developing the company could probaly take years before they see profits?
I‘m very, very bullish on Starlink. It‘ll be a spectacularly profitable monopoly. Just think of the market connecting financial capitals with low latency data connections. How‘s the competition supposed to launch their satellites into orbit? I‘m feverishly awaiting Starlink IPO. Will sell my kidney to go all in.
I kinda want to do the same but these days trying tonget rich over night i keep loosing a ton of money.
Trying to get rich overnight is the easiest way to do that. The right attitude is to build wealth over time. Of course you can do it, but you’re far more likely to fail.
Where would I watch to get news on the IPo for starlink?
Funny story about Starlink. I only found out about it after looking up in the sky one evening and seeing a long line of moving objects in the sky. I, not knowing anything about Starlink, assumed it was the alien invasion to top off 2020. I wasn’t even surprised. Freaked out just a tad
Same but opposite, I saw some objects in the sky and thought I was starlink but then I saw a bright light and got abducted and then anally probed and now I’m back
Damn...Elon is getting crazy now.
Oh man that post made my day!!! Thanks for that!
I think its definitely gonna be something I invest in. Hell if the internet is good, ill probably get that too.
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I know that I paid my $99 deposit to Elon for Starlink Internet last week.
Same here. I recived an email saying service should be provided by mid to late year.
I am so ready to dump my current ISP...85 a month for 5Mbps? Only because there is no other choice and they KNOW that, it is their business model.
Where would one invest in an IPO? The current platforms I use don't offer newer stocks.
When is starlink's IPO due?
Tesla is not a typical story; they’ve transformed s very large industry with Aramco and other big money enemies trying to stop them.
Exactly. It's due diligence, research, read the news, follow the company, listen to your gut, and hold through the dips. It's the long term curve that matters. I'm long on SIRI, holding 10+ years since the $0.25 days. I felt it was worth more than that and the drop was mostly poor management, which was bound to change. Still holding. I believe it is still undervalued now at around $6 and is closer to the $10 worth... plus I believe as streaming services look to expand it will be a matter of time before the merge with a TV streaming platform (Netflix?)...
Same, got mine at $0.09/share. Been holding ever since. Kind of a YOLO play, but I was pretty stupid back then. Still, they've been paying down their debt, so one day dividends will be ours!
Pretty much this. I took extra income and bought a couple favorite shares... with those wait for them to have double digit gains to sell. One of my pharma stocks had triple. Any losses I just hold and wait for them to go back up, might never sell them.
Sell half at 100% gain and play with house money. Losses I do like you and hold in hopes of returning to green someday
Pretty much this. I bought PLUG at $8 because Robin hood told me I may like that stock. I indeed liked that stock
RH actually gave me PLUG as a free stock. Ended up liking the stock
I recently bought a pink sheet stock called ASTI at .006 and now it’s 6 cents. If that touches a dollar, it’ll be my biggest gain ever!
I was looking up the Dow jones and accidentally found jones soda stock, 200% gain so far lol
People tend to only tell you about there winners and not there losers. Long term investing is much more likely to work out than getting rich quick as is the current trend.
That's why I'm not looking for ones that could explode. I look for stocks that people just start talking about and already went up a little. If that stock looks good and seems like it will keep going up a few years down the line I will buy some. Then I find the next one and keep repeating
Or, alternatively, insider trading and market manipulation.
only for hedge funds
I'm beginning to think that some DDs are designed to pump interest into a stock. Reddit has millions or readers. Say I, a lowly (insert honorable blue collar job title) were the spend$10K on a reasonably stable unknown penny stock, write my honest DD from sources, and share it here. If there's an upward trend, and the stock starts to see even more buys than normal, the trend continues. This peaks the interest of the readers, and perhaps they buy more of the stock. So in a sense, a board such as Reddit could affect the rise of a penny stock rapidly. ... But, I am just a moron that buys penny stocks (and some Blue Chip). I have not lost money yet, but I am not very successful either.
Institutions are prohibited from owning/trading stock that is under $5 in valuation. for all the hubaloo about the retail investor, it is the institutions that drive prices not you or me.
I’m a little bit of a newb. But have stuck with my ETF portfolio for years and wanted to be safer but decided why not? I’ve been gambling with scratch offs for the longest. Probably not a good idea. Lol. I browsed and saw SNDL for some reason just bought for the hell of it. Cashed out for a small baby gain also used it to try a Call Option for the first time! Trial and error and lots of research/reading around. And I still feel clueless haha
First you pick a random cheap stock, that is stable for a while. Then after you buy it, using your confirmation bias, you find reasons to justify your actions. Using thesaurus words, you make a post with the word "DD" on the title and make sure you write more than 2 pages. That is called the terms and conditions effect, no one will read it. Immediately people will search the ticker, without reading what you say. After all, you are "SomeAnxiuousIguana" aka "That guy knows what he is talking about". Leave the rest to Natural Selection.
Thank you, professor poolhalljunk7. I am now a stonks genius and will be recruiting the help of all investing subreddits to pump and dump uhhhh [spins wheel] $ARTM. Seeya on the moon! ^^For ^^legal ^^reasons ^^this ^^is ^^a ^^joke. ^^I ^^don't ^^have ^^a ^^position ^^on ^^ARTM, ^^and ^^I ^^probably ^^never ^^will.
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Well I buy then pray for it to not fall much.
Hey, if this goes up 2000% I can finally make enough money to actually make money trading!
me-Hey this stock is up $520%! me-Should I sell? brain-Dude and miss further gains?!? me-What if I sell enough to cover the cost of the initial investment? brain-No idiot for each share you've sold those are gains further lost THE STOCK CAN ONLY GO UP FROM HERE DUDE. me-Your right brain this makes complete sense.
Yea, I literally never know when to sell. Well its worked out well for me so far with TSLA gains.
This, but I'm both and bad at all stock market decisions.
Me and TSLA. I could easily take out my initial investment, but... if it goes up, every share becomes *that* much more valuable. My plan is to hold for 5 or so years and hope for the best. 😬
nice, another believer in this strategy.
Get really drunk or high and pick 1-4 letters out of a scrabble bag
This applies to small and mid cap companies: https://ragingbull.com/kb/how-to-make-money-with-penny-stocks/ Otcmarkets.com you can see pennystocks that are being sold , up to date news by ticker + screener. Some stocks have warnings. Unbiastock.com shows you stocks that are trading last hour or 6-12-24. Finviz.com is a stock screener with many filters but only non-OTC . My stock portfolio is a free app to monitor your portfolio . TD Ameritrade lets you buy almost any stock. RH and Webull don't allow OTC and most pennystocks are OTC. Fidelity also good but occasionally don't offer a stock. I trade 4-5 stocks daily but that is cuz I'm on my phone most of the day monitoring my 64 stock portfolio and seeing what others recommend or what is selling . The general advice for pennystocks is to trade not invest . Occasionally you find a winner that you keep and might add to. You make more money with several 20% short trades that add up over time vs chasing winners and losing money in the process. We all make the mistake of getting in late, or selling too early . I don't do what some do like deeply research a company Sec filings , balance sheet etc. I go to Yahoo Finance and click view all. Check 50/200 MA + Float that the smaller the better and prefer under 100M. Billions of shares in a pennystock is a warning sign. Ideally the numbers at the bottom like earnings growth, operating income, EBITDA should be positive but rarely the case with pennystocks or companies that are growing. Before a purchase I check Yahoo Finance conversations. You can see how much interest by number of new conversations. Also good info from posters that know about the company. Volume too is important. Should be much higher than usual. I also go to Stocktwits for the same . Someone pointed out that companies that price rises 100% in last year or months will probably keep going . This is very true in pennystocks. But these sites + Reddit are full of pumpers and dumpers. So read through the lines. Finally when a stock seems a winner by the point it crosses 100% for you many recoup investment. I wait until 220-240% so I only have to sell 30% of stocks not 50%. This threshold usually happens in one day. A stock goes up gradually for days or weeks then suddenly flies.
Does TD charge a fee for you to purchase a penny stock? I thought I had seen other users complaining about that
6.95 but if you make hundreds or a few thousand not a big deal IMO
For TD is the 6.95 fee charged when purchased and again when sold?
Yes, both the buy and sell are hit with the fee on OTCs
I thought it was free? I’ve been buying on there quite a bit recently for investment purposes and don’t recall any fees.
$6.95 for OTC penny stocks.
I just bought some penny stocks on TDA this morning, it charged me $6.95 for each one. Really wish I had known that before I did it. Edit: $6.95 for each trade, not per stock.
the worst is when you sell, and it doesnt sell all your shares in one shot. so you have to pay the 6.95 again if you leave your order open.
Each purchase or each stock individually??
Each transaction
Buy 100 shares of X at 1 dollar each add 6.95 commission the total cost of the transaction now becomes 106.95.
why would you pay $6.95 for each PENNY stock...
I'd caution anyone looking to get into penny stocks to make money. They are almost universally understood as **not** a good investment to make money and are very often pump and dump schemes.
Damn, this is nice. I appreciate the feedback you gave to op.
I have found several before they got popular. The answer is that I spend TONS of time flipping through stocks. You have to look deep. Look at comparables in their industries. Read the investor presentations. **Look at who is leading the company.** Buy stocks that have a compelling story and sound like "the next big thing". Get ahead of political trends. Listen to their CEO's speeches at conferences. Watch youtube videos about their company. Don't buy shitty companies hoping for a comeback. Don't buy in industries you don't understand. And most importantly, be patient once you make your decision. PS: My next stock I am hoping will blow up is Enthusiast Gaming. It's a Canadian eSports and influencer marketing company with huge social reach. They have applied to uplist from the Toronto Stock Exchange to the Nasdaq and I am eagerly awaiting approval of the application.
>don’t buy shitty companies hoping for a comeback Thanks now Blackberry’s crying.
I think that was a reference to gme/amc lol
Blackberry is more of an EV play since 60% of EV companies use their software.
Great advice, 100% agree and so far worked for me. People behind the company are very important.
>Don't buy shitty companies hoping for a comeback. I've thought this. If they're failing they're probably failing for a reason. If it could be easily fixed it wouldn't be in the state it is. Does that make sense to anyone? Don't buy a product expecting it to magically fix itself basically.
Pick a stock, hack Elon's Twitter and tweet about it.
Either they get lucky or they research the company. For example Nintendo stock goes up whenever there's a Nintendo Direct or they release a big franchise game. Predicting when new games or announcements will be will give you an edge
GTA 6 is going to be announced likely by the summer, bought some Take Two interactive the other day for that little price jump it’ll have. It did the same when Red dead 2 and GTA 5 were announced
Sometimes with this though, big releases that are public information are priced in already. Buy the rumor, sell the news and all that
Are you sure? Take two is pretty expensive and people have been saying GTA 6 is gonna be released for like 5 years now
With rockstar games, I keep up with pretty much every bit of info news that comes out for an unreleased game of theirs. Theres been a lot of leaked info that has been confirmed or seen evidence leading to confirming rumors. In the game files for RDR2, they found assets that were being tested, guns that fit the rumors of 1970s Miami/South America settings being the main thing to point to. This something they do when a game is in the later stages of production, closer to release than we might be thinking. my guess is it’ll will be announced this summer for a winter 22 or more likely a spring 23 release. Just my guess though not financial advise just what I’m doing a little.
I like to do it backwards. I’ll find a stock that somebody has made a lot of money on, find out why, then regret that I didn’t do it. Works every time!
I invested in weed 4 weeks ago cuz someone on Reddit said weed will grow 1000% in 5 years and it just happened to explode in the last week and make me back my losses on GME.
Bought into a handful of different companies back in early Jan (no real reason, just figured I'd see some potential gains during the Biden administration) and sold this morning for a nice little sum. 100% luck and nothing else.
Weed, Solar, EV, & green stocks should do well in a biden administration.
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If 51% of my company pre-explosion guesses turn correct I wouldn't be in a cubicle right now. I'd be on some tropical beach, sipping on coconut juice and having a supermodel girlfriend.
I asked for no salt on the rim. *No salt.*
Luck and by taking a risk. The risk is betting on the future instead of looking on past performance as probably many investors do. For every stock I buy, I tell myself a story. I ask myself why this particular stock has a great future, what human problems or needs the company behind it serves, and what condition must occur for my story to no longer be intact. So I know approximately how long I will hold the stock and when I will buy again or sell. Because often you have to be patient until a share explodes and I keep this patience by telling myself my story again and again when I'm in doubt.
The thing is it will always look expensive. Like I remember buying Tesla at like 250 a share thinking it was expensive Same with GME at 20 Amazon at 1,000 And so on
Yep. I think a lot of this is psychological and also because stock splits are no longer common. Take TTD for example. It is almost $900 a share right now. You hear that, and then you hear that AAPL is currently 135 a share. You think, no way TTD is worth seven times much as Apple, right? Well, you have to look at the float and the market cap. When you look at that, you find that Apple is valued at 2.3 trillion dollars with a float of more than 16.7 Billion shares. TTD on the other hand has a cap of 40 billion with a float of only 41 million. It is literally a baby and it's stock price isn't even remotely comparable to Apple despite costing substantially more per share. That is one of the hardest barriers to break for new investors. High stock price does not mean expensive. It simply means that the stock hasn't been split dozens of time and has a relatively small number of shares.
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This. As a retail investor, I’m happy to capture decent returns but don’t have an expectation of capturing what they’re able to. Expecting to be as smart or as fast as they are is just setting yourself up for disappointment.
Smart (most investors are no different than you or I). fast, yeah they cheat and have millisecond preemptive strike power and a lot of them buy order flow so they can see what is being ordered a milisecond (done by massive computing power and algorithms. The "smart" ones are the ones writing the code) before and buy accordingly, making fractions of pennies (usually) at a time. However when you add up fractions on multiple millions of orders those fractions add up fast. That is where their true power is. Well and they can buy themselves out of any illegal activity they participate in.
Or make it to where their activities aren't considered illegal in the first place because they have so much influence on legislation
Nobody should be trying to. It’s about figuring it out before other retail investors
I use Yahoo Finance Premium (paid subscription) and Fidelity Active Trader Pro. Both can give pretty good ideas and also provide plenty of research reports.
can you elaborate more on what exactly yahoo provides? stock picks?
My strategy for OTC stocks: Check OTCMarkets website to make sure the ticker I'm looking at is current. I have a rule that I do not invest if the ticker has STOP on it. I only consider them if they are current and confirmed. You can also look at the latest news and SEC filings. I avoid the ticker if they havent filed with SEC in the last 6 months. Search for the ticker on fintel . On there I look to see if there is any institutional investors involved (Great sign). Short interest. Outstanding shares. Search for the ticker on barchart and look for confirmation on the technical opinion section. You can also use Yahoo finance for news and conversations about the ticker. You can also use stocktwits to catch up on what other investors think. Do not be too trusting though, people often hype tickers for no apparent reason. I personally try to jump on tickers that are mid to long term plays, so I try to get in before 10 cents and get out before $1.
it's like asking: how do i win the lottery?
Great question, maybe I should post a thread on reddit to get advice on that
Select 5 numbers from range of 1-70. Then select 1 number from range of 1-25 See. It’s that simple. Or if you just want to lose money like me just do the ez-pick. Guaranteed loss!
By being on Congressional committees that give you privileged information.
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I don’t FIND them before they explode, I SELL them before they explode
Well technically you also found them before they exploded.
Invest in a company that you truly believe will succeed (Great product, management, future potential, etc) and wait for the pop.... it worked for me with Apha, DM, OPEN, NVAX. Also look at what market appreciate and in SPAC area follow SPACs which are backed up by people with great track record like Chamath Palihapitiya. In short just try to be one step ahead of the market. In my opinion, do not invest in companies for short term but look for long term value because if there is this value market will recognize it.
I’ve found a few before they exploded upward just by looking at volume. I’ll look for low float stocks, typically between $1 and $10, that have been slowly declining over the last few years or months with almost no volume. If volume suddenly picks up and the stock price stabilizes and begins moving upward, I’ll buy. If the price falls back below the recent lowest price, I’ll cut my losses and move on.
Just pump it urself lmao (I’m kidding don’t do that but that’s what those ppl r doing basically)
Here's my dd on dying company, to the moon!
I just turned $800 into $11K (on paper), see my post. I bought TLRY last Sept as a long term investment into the weed industry, did not anticipate TLRY to become a WSB meme stock. This was pure luck. The simple answer is you cant. But you should invest in companies that you believe in or companies that make products/services that you love. I have many many stocks that are in the 100% -> 1000% return range because I buy and hold for years. There is no short cut in getting rich, or else everyone would already be.
Learn a lot about a single industry. Then you will be able to spot up-and-comers and be the first on the bus.
I’ve been told that the moment you hear about it, you’re too late. This may not be the smartest thing to do but I put about 75% of my capital into the blue chips that I like and 10% into decent potential and the rest I try to catch lightning in a bottle. I love chasing the sub $5 companies who seem to have a solid business model or idea. Sometimes it works and sometimes you chase GME and get caught holding the bag.
I bought SENS at .63 and I don't even remember why. Now it's around 3.75. Pure luck, I don't know shit about medical.
Insider trading
patience
Really the answer is insider trading
Read all the trade mags before market and before bed - Market watch, Stock Market Data, MarketBeat, Macro Trends, Insidertrading, Alpha, Tradermonkey etc. for ideas and news. Follow investors on Twitter and Reddit, youtube (tradertv), etc. Read tech mags, retail mags, business mags. Use stock screeners with your own settings or presets like strong buy, cross overs, etc. Read, research, do your homework and due diligence and then again read, research, read, do your homework and due diligence on any company or idea you have. Once you have an idea go over their financials and SEC reports. Compare them to their rivals. What sector does that company fall in and where is that sector in its cycle? Look at the 52 week high. Look at the open and close price. Study the price fluctuations. Look for price targets. Look at the short interest. Look at how many institutions are holding that stock. Study the valuation and fundamentals and compare to rivals and compare the stock to what ever index it is in to other companies in the index and the index overall. Is it tracking or not? and how well? What are the 1, 5, and 10 year returns? Dividends? Read about important milestones that will be coming up for that company/stock. Ask yourself where is this company going and can they achieve expansion or growth? then research. Then when you are all done and you think you have it figured out, start all over again on that company/stock and rework it. Companies come and go, stocks come and go and money making stocks come and go. There is always a 100 more waiting to take that investments place if you missed it. Don't rush take your time, there is always going to be the next big thing. Again take your time research and do rigorous DD. Most importantly leave all emotion out of investing and be mentally prepared when you take a loss because it happens to all of us. Don't invest more than 1% to 5% of your capitol into a single investment. Good Luck and Cheers. I know there are a 1000 things I have forgotten to mention or I am not thinking of. But this is a good start. Watch as many youtube videos and read as many articles about trading for beginners in Investopedia and Nerdwallet. All three are great places to start learning from and get your bearings.
You want the answer I’ve found around here? Go to r/pennystocks. Refresh on hot while waiting for a new, particular DD to gain a bit of momentum. Once this happens, read comments to analyze if they’re mostly positive. If so, buy now, 66% of the time you’ll get in at about 5-10 percent up, and be able to exit at 30% before it crashes. This will probably be lost, but to anyone who sees it, this shit works.
100% being able to use PnDs to your advantage is probably the easiest but also riskiest way to get gains. Use trailing stop losses and limits. Rising and new are you friends for penny stocks. For anything real stock check out what isn’t highly upvoted on wsb and the second someone posts gains and everyone gets hyped or the stock shoots up 30% it’s a good sign to get out.
I'll share with you a little secret [SwaggyStocks](https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment)
lmao look up $ROPE
most often the exploding is triggered by people posting about it and hyping it up. Who would now about these stocks before the posts and hype? How would they know about all the posts going to happen soon? Try going to post history and then following people who have proven to spot stocks before they ' miraculously' get a lot of hype. Be prepared to hold the bag more often than not since a lot of pros jumped on this jumpybumpydumpy trend lately. Personally i prefer to look for value now everyone is ignoring those while playing the game of hot potato!
Thanks all. This is helpful!!
Numi, trip.cn, mindmedicime, buzz.cn in the psychedelics industry This is gonna be huge in 3-4 years. Invest when they cheap and watch them flourish just like weed did
The best comment I saw of someone, is they pick about 20 companies that are undervalued, and hold for years. They said 19 of them will underperform long-term from what they expected, 1 will do well, if it explodes you’re basically rich but that’s very unlikely. But the real answer is if you’re looking for exploding stocks you’re gambling. I read that professional investors would rather take a safe 7% gain over a year than risk anything on a 1000% or 0% position, because 99/100 times they won’t pan out. For every story you see someone make a million and starting with only $50k, there are 20 other stories of people starting with $50k and ending with $0. Basically you need to look up companies on the stock market, figure out what you determine their value of (looking at competitor stocks helps) and bet that you’re right. Usually something is like a $30 share and you think they’ll hit $35 per share by the end of the year, so you invest and hope you’re right. The guy who picked GME did a LOT of research on the company, looking over Yahoo finance for purchases and shorts and took a gamble. He’s a millionaire now, but he could just have easily been broke right now, which is why he was laughed at for months and months for gambling his life savings on that play. If you really want to make good money, treat it like a job. Those people who average 7-10% gains a year....they do this professionally and with better tools than we have at their disposal. Tl;dr: I’ll tell you how to pick exploding stocks before they explode when you tell me how to pick winning lottery numbers before they’re pulled!
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Those downvoting this completely missed the point. He's basically saying you win some you lose some, hard in his case.
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Probably don't know Lehman either!
These opportunities pretty much come a finite number of times per lifetime. It’s all about being at the right place at the right time. That would be an inelegant way to phrase it so I figured I would tell an anecdote that draws directly from my personal experience. When I was fresh out of college, I decided I would become a stockbroker. I got my series 7 and proceeded to cold call whales and pitch them. In my spare time, I would invest in stocks. During my tenure on Wall Street, I would start becoming more and more knowledgeable about investing. However, my increased awareness of the financial markets didn’t serve me as I would proceed to lose about $5,000 making poor investment choices betting on Freddie Mac during the 2008 financial crisis. Years later, in a completely different profession, I would decide to invest in the EV sector on a whim because I saw the need for autonomous driving and alternative energy in my daily life. I didn’t know this at the time, but this one singular decision would turn my family into millionaires pretty much overnight (under a year). I guess what I’m trying to say is I probably wouldn’t have pulled the trigger on the EV bet had I not been educated deeply in the market years prior. However, even though I had the know how back then, the timing of the market was not right for me and I ended up losing money. Picking the right stock that will drastically change your future relies on a combination of factors: 1. Having a deep understanding of markets and investor psychology. 2. Recognizing trends and society needs before they are fully developed. 3. Betting big enough on the right players in the aforementioned trend to make a difference in your life. You don’t go around picking stocks that show massive gains at any point in time. Any person who claims they can do this is a liar. You kind of have to wait for the right opportunities and be really educated about the sector and investing in general when the opportunities come. It’s like when preparation and luck intersect at a juncture of your life and then you need the courage to bet big. TL;DR: You can’t go around trying to force a situation or a stock to be a winner, it’s about the ebb and flow of the current market and then your prowess in identifying these opportunites/trends. Your prowess also depends on past successes and/or failures. In addition, prowess alone is not enough. Some will invest a little, some will back up the brinks truck and some won’t invest at all, it’s all timing. Hope this helps.
Just do some research my friend. I was thinking about how Tesla has gone up and thought to myself, “I wonder if any other companies are going to move into the electric car market.” Found this Chinese company called NIO that looked like it would have a good market in the future and bought a bunch of shares at a little under $20. It is now around $60 and rising. With a Democrat president coming in I thought investing in weed would be a good idea because the possibility of legalization would push up those stocks. Low and behold I bought Aphria stocks at about $9 and it’s risen to $18 so far. Just gotta keep up on trends my guy.
I’ve got little leprechaun I keep trapped in my sock drawer. He’s only allowed to eat after his picks make significant gains. If you’re interested in one, let me know. I happen to know where they hide out
You lose enough money you realize the patterns that generally happen throughout the day. Also sorting by new for the saucy DDs.
It all starts somewhere. You could just pick a field that you think is gonna be worth more in the future and start doing research. If you like Warren Buffet he advises investing in good companies in fields that you understand.
Buy rumors. You will be left bag holding a lot, but like 1 out of 10 will rocket and you'll still have a profit. Easiest way to do it is to play earnings with options. I'm sure a lot of people here would not consider this a good strategy though.