PLXTO

$18K profit so far

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malata

malata

RockStar
Jan 16, 2004
3,826
172
63
Paradise by the dashboard light.
very nice. good to see you took my advice on the market bottom correction. yo gonna spend it all on your fav hobby

 
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bane_00

Active member
Mar 19, 2003
99
36
28
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Toronto
It takes money to make money. I would luv to be able to make some extra money to hobby with, unfortunately I would be looking at penny stocks.
BUT I am still open for tips
 
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HAMSTER INSPECTOR

Well-known member
Jun 3, 2005
1,743
40
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So you bought in May and went away and made 36.93%, anyone that bought stock after March of this year made at least that much in gains. I bought stocks but did not go away in May, I made over 150%.
 
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Jubee

Well-known member
May 29, 2016
4,471
1,891
113
Ontario
I wish I saved it, but a kid literally made $500k on a meme coin. lol
He invested 1000 back in 2018. Paid off for him, but, he almost must have got it when it was in fractions, or loved that meme coin and or rich parents

Elon is The Sims leader.
We are truly living in a simulation.

This is surreal. 1:06
 
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tribunus

Terror Belli Decus Pacis
May 26, 2008
3,023
1,820
113
Congrats on the return. It's pretty easy to make money with the markets these days just by sticking with the blue chips (banks, big tech, medical). I'm also not referring to the bullshit a few weeks back with Gamestop and the like. That was an anomaly and those nerds really fucked up the market and indexes for a brief period. I had lost about 10 grand because of the chaos they created but have since recovered largely due to the strength of my blue chips.

My kingdom for more TFSA contribution room!
 
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Phil C. McNasty

Go Jays Go
Dec 27, 2010
26,950
5,069
113
tribunus said:
Congrats on the return. It's pretty easy to make money with the markets these days just by sticking with the blue chips (banks, big tech, medical)
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Pretty much, yup.

Whenever I invested long-term in mostly blue chips I always made good money.
And whenever I started speculating on penny stocks or other volatile stocks I mostly lost.
So I stopped doing the latter and just stick with blue chips now.

P.S. I think oil has 1 or 2 more good runs in its tank before the world switches to EV's
 
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richaceg

Well-known member
Feb 11, 2009
14,048
5,847
113
Phil C. McNasty said:
I'm gonna blow it all booze, drugs and hookers. What did you think I was gonna do?? ;)
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That's my boy...

On a side note...I doubled my position in span of 3 weeks putting all my eggs in the Marijuana basket...
bought 5k of OGI at @2.60 and penny stock ZENA 50k for $0.06 ...OGI doubled yesterday and ZENA tripled yesterday...will be selling depending on how the market turns out today...seems like i will be up another 20%
 
Sonic Temple

Sonic Temple

Dreamers learn to steer by the stars
Feb 14, 2020
17,997
26,454
113
richaceg said:
On a side note...I doubled my position in span of 3 weeks putting all my eggs in the Marijuana basket...
bought 5k of OGI at @2.60 and penny stock ZENA 50k for $0.06 ...OGI doubled yesterday and ZENA tripled yesterday...will be selling depending on how the market turns out today...seems like i will be up another 20%
Click to expand...
Nice mate - congrats - just getting into this stock stuff myself, didn't put numbers like you down ($1000 only), bought some AMC (60%) and BB (40%) just to see what happens - currently down on AMC and up on BB but do enjoy learning all this and reading upon the stocks. Couldn't find ZENA on WealthSimple - what do you Gents use as your app? I am using WealthSimple.
 
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Phil C. McNasty

Go Jays Go
Dec 27, 2010
26,950
5,069
113
richaceg said:
On a side note...I doubled my position in span of 3 weeks putting all my eggs in the Marijuana basket...
bought 5k of OGI at @2.60 and penny stock ZENA 50k for $0.06 ...OGI doubled yesterday and ZENA tripled yesterday...will be selling depending on how the market turns out today...seems like i will be up another 20%
Click to expand...
You might wanna consider Aphria too:
 
R

richaceg

Well-known member
Feb 11, 2009
14,048
5,847
113
Sonic Temple said:
Nice mate - congrats - just getting into this stock stuff myself, didn't put numbers like you down ($1000 only), bought some AMC (60%) and BB (40%) just to see what happens - currently down on AMC and up on BB but do enjoy learning all this and reading upon the stocks.
Click to expand...
always do y our due diligence on a stock...i lost a potential big money on AMD back when it was at $40s...now it's around $87...in fact the stock was around $2 7 years ago...I just don't do much of long holds...ZENA doesn't look good on the surface simply because this stock was $6 at one point...dropped all the way to $0.05 cents...got into a lot of management problems but I always look at the assets they still hold...400k sq.ft of grow op facility doesn't go poof in one day...something is brewing so I pull the trigger and put some money on it...now they will open $0.18...I like how volatile the Marijuana sector is...but it's not for the faint of heart....if you're not ready to lose some...stay away...lol...
 
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tribunus

Terror Belli Decus Pacis
May 26, 2008
3,023
1,820
113
Phil C. McNasty said:
Whenever I invested long-term in mostly blue chips I always made good money.
And whenever I started speculating on penny stocks or other volatile stocks I mostly lost.
So I stopped doing the latter and just stick with blue chips now.
Click to expand...
Exactly. Whenever I dabbled in equities I wasn't entirely sure about (cannabis, energy) I did poorly. Society will always need financial institutions, soap, toothpaste and cellphones. That's where my money is going.
 
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