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S&P 500
5,477.90
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0.16%
)
US TECH 100
19,129.60
(
-0.24%
)
Dow Jones
39,127.80
(
0.04%
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-0.21%
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0.28%
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Post# of 113934
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larrybaz

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larrybaz

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Re: researcher59 post# 84086

Monday, 02/08/2021 9:13:22 PM

Monday, February 08, 2021 9:13:22 PM

Post# of 113934
Interesting results for sure. I think it is a testament to the extreme amount of speculation in the market right now. I never remember so much liquidity in the low-priced stocks.

Perhaps the stock market has become the new Las Vegas for some people.

If a young person is just getting started in the stock market, they probably don't have much capital. I would be inclined to think they would rather buy a few hundred shares of a low-priced stock instead of just a few shares of one of the marquee names. It's a lot more fun with the leverage.

I have seen lots of $1 stocks with strong earnings and solid balance sheets triple, quadruple and more, but I have yet to see one go below zero.

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