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Friday, September 03, 2021 5:40:03 PM
Just because a stock runs higher it doesn't mean everyone makes money. then don't because it created a whole new bag of shareholders. There are shareholders that need to see the stock go up over 600% to break even or they have already sold at a loss. It's like a game of poker. Every time someone winds a round of betting the rest of the players at the table lost money. Seldom do they split the pot.
I have yet to hear one reason from anyone WHY news is coming or WHY this is going a lot higher.
Yes, someone can buy a lottery ticket and be a winner but the odds are they they are going to lose. If the odds weren't that you were going to lose there would be no lottery. If the odds weren't that you were going to lose at the casino there wouldn't be any casinos.
These pinks are no different. Odds are that you will lose. Yes a person may be up 10% for the day on a stock but he may still be down over 800% from his initial investment. Yes. these stocks are all speculation and most of the time investors lose.
If someone tries to convince you to buy a stock they usually have a personal agenda to do so. Not because they are concerned about you making money but about convincing you to buy so they can make money. Same is true for those yelling sell.
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