I think just like you and agree 100%. People are in a euphoric manic stage because the penny market has never seen anything like this. I am a little more realistic. These trip stocks are and were all POSes just like most of the otcbb which is what I exclusively play in individual stocks. They all are POSes but huge money can be made, especially now.
Too many think they have become amazing traders. It's the penny market where everything has moved. No skill what so ever. Just luck, timing and being in the penny market now at the right time while this is happening. It's been an unprecedented penny market. I hold around 150 pennies but am realistic and take profits. Right now 70% sells and 30% buys. I have accumulated an all time record cash stash and portfolio value like many others have. I'll ride it until it ends. But this time unlike the late 90's I will have a ton of cash when it ends. Back then I was all in and everything crashed. As well, all in Roth IRAs and no taxes on my gains. I keep every penny. Most people with these huge profits in 2020 and 2021 are going to have to sell off stocks to pay a huge capital gains tax.
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