The meme stocks are definitely worth watching, the ones that actually have reasonable sustainable futures like BB, NOK and Naked dipped really nicely at certain points as people lost interest. I picked up some BB at like 11.5 which seems like a solid price point.
You can add the weed ventures to that too, if anyone fancies them long term I’d just wait till a dip where Reddit loses interest or moves on to their next shiny thing.
Also the GME fallout was literally hilarious to read. Worth checking in for that alone, there’s like a civil war going on among them at the moment.
yeah, thank fuck it’s going back down, i sold $1 off the max price (so far) so, can’t complain too much! i’ve got my feet wet and want to start exploring more with it all now, was good fun. I’ve always been super cautious with money, tight-fisted northerner for example, so i don’t ever gamble unless it’s a sure thing/a good risk/reward.
For example in 2012 after milan won 4-0, i bet £25 on some massive odds for Arsenal progressing. Meaning basically, either my team won or I made a fuck ton of money.
Other than that, just never, this seemed a low risk move for me and, while I am clearly a total novice, it was good to gain the experience and actually remove some of that FOMO i’d been having
I used to, now I just ignore it or remove it from my list and accept that it’s better to have sold at a (decent) profit than at a loss and find the next play.
Yeah I’m a big believer in BB and bought in at $9 USD and I’m holding long term. Will add so more to my holdings once I free up some cash.
PLTR as well, not really a meme stock but I’m glad I bought in back in November and I definitely intend to hold that for the long term. There’s a lot of shit on WSB and Reddit, but there’s a lot of gems, you just have to read through it and keep a sharp eye out.
on HL it gives me a quote price for stocks, but ive noticed if i dont accept the quote then request another, the price immediately goes up (visibly greater increase than the share price increase), is that normal, like how airlines store cache and fuck with the prices of flights?
i’m trying not to risk it as i’ve noticed it a couple times when i’ve checked now and then, don’t want to force my own price up needlessly because i’m sure it wouldn’t be beyond these kind of companies to have this sort of practice in place.
I’m gonna leave out tonight I think, I’ve since gone for some other much cheaper shares that seem like they could appreciate well long term, much lower volatility/ risk
Also I’d say, it’s not “natural” for a share to gain 40-60% a day several days in a row. I really feel like this weed thing could be a very good 2+ year long term play but right now it’s just a bubble.
It’s not even legalised at a federal level in America, just several states, and Europe doesn’t look like legalising it imminently either etc. so that’s why I’m a bit sceptical about investing and haven’t gone all in.
Yeah for sure, this is just a lucky one or two. It’s gonna be a 100% gain to $80 for TLRY at the price i bought in yesterday $40, by tomorrow, but i wasnt to know!
I’ve always been interested in Stocks and Shares but never got my feet wet. You guys are influencing me to dive in, but I’d literally not know where to start!