Yesterday I came across $RGCstock , which has been rising extremely lately and is already up 48,000% this year, which is insane. I don't have any of these stocks in my portfolio, but as a total speculation with a small amount it could be interesting.
Do you have any similar stocks in your portfolio that are purely speculative?
This is total speculation and it makes no sense to invest in it.
Sometimes I speculate and invest in IPOs, but they are small amounts.
It's a force sometimes when you see that. As you say, one could speculate why not. What's $10 today when the stock isn't worth a dollar. But where to look for it? 🤷♂️ ...I'm not good at that yet, or those ideas of where to look, I don't know ...do you have a place?
The only one I have and tried is $CHPT a while ago. I got a few in there, probably about $20 but the stock is worth something like $0.6. It's just speculation, which if it goes away doesn't matter, but if it goes up, why not. Electric car charging stations certainly have a future, it's just a matter of how the company handles the market environment where other players are bigger.
A lot of these companies will probably be in pharma vid, after all, a company trying to make a drug will initially be in a bad way, in debt, no results ...but when they succeed. It's hard to estimate. 😊