Craziness in the market. My son took a $1000 and parleyed it into $14,000 in basically one day. Got out put 13K into solid stocks and back at it today with his $1000.
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Craziness in the market. My son took a $1000 and parleyed it into $14,000 in basically one day. Got out put 13K into solid stocks and back at it today with his $1000.
Congrats to him...sharp young man.
Crazy how stocks work and how they can be so volatile. I hear that action costs the Hedge Fund market a few $Billion..
You only make it if you get it back out........did he sell?Quote:
Originally Posted by Species8472
Admittedly, I know very little about how the market works, but I was watching something on Fox last night that said they shut down trading on the Gamestop shares? Lots of folks a bit PO'd about it?
Yes. Sold for 14k. Put 13 of that away and took 1k to go back at it.Quote:
Originally Posted by 410001661
Good move, and congrats to him. But, proceed with caution. I bought shopify two years ago at $1.32 now it is about $1200. Those are fun to talk about. Remember Nortel? Bitcoin and Tesla have some great stories too, but just remember there are lots of “nortels” out there too.Quote:
Originally Posted by Species8472
I need him to give me some investing strategies..... I am jealous...Quote:
Originally Posted by Species8472
Good for him
If you think your know what your doing, go big. Use leverage play with big boys and buy or short some options. At worst your out your permium, at best you hit a grand slam.
https://www.msn.com/en-us/money/tops...ns/ar-BB1dc2mA
been folowing this. ive wanted to put in money for a while now but for some reason these apps dont work with RBC. the next ones to be looking at are NOKIA , BLACK BERRY, VIRGIN GALACTIC, AMC to name a few.
Back a bit my son made a bunch off BlackBerry doing the same thing.Quote:
Originally Posted by Bowjob