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/biz/ - Business & Finance

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14420742 No.14420742 [Reply] [Original]

Anons why aren't we using our autistic resources to find valuable penny stocks? I recently invested in Rekor Systems (REKR) and have made a killing.

What gives?

>> No.14420757

>>14420742
I AM FINANCIALLY RUINED

>> No.14420771

>>14420742
Because penny stocks are here today, gone tomorrow.

>> No.14420843

>>14420771
Not always. If anything stock are more predictable than coins (maybe, I don't know much about coins), but at least with stocks it's possible to look at a companies financial history, debt management, growth, earnings history, etc. to come up with a reasonable and fairly reliable estimate of future returns.

>> No.14420849
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14420849

Why don't you just go all in on VID.
Ridiculous price rises - https://1milperday.com/price

>> No.14420879

>>14420742
Why penny stocks if I can lose all my money with crypto in a fraction of the time?

>> No.14420908

>>14420742
Deutsche Bank is probably the best pennystock you could get right now.

>> No.14420914

>>14420849
I don't have the time to look into that right now as it's 4am, but I have it opened and will read the "about" tomorrow. But it did make me wonder, are there ETFs for coins? Basically an organization with good management that invests in coins they think are good investments and then sells shares of those investment bundles?

>> No.14420922

>>14420742
The penny no longer exists in Canada.

>> No.14420923

>>14420908
I've seen it around on my searches, why do you say that?

>> No.14420928
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14420928

>>14420879
My good man, let me introduce you to the wonderful world of biotech stocks. While they may not moon like your average crypto (but if you play your cards right, some do) they have a set date where you KNOW they will either go up 2x or crash 75 percent. Personally I find it to be just as much of a rush.

t. NBRV bag holder

>> No.14420938

>>14420843
>stocks are more predictable than coins
>I don't know much about coins

so just talking out your ass then?

>> No.14420956
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14420956

>>14420938
You said it man.

>> No.14420969

>>14420923
Because it's something like 7$ per stock and the company is "too big to fail". They are restructuring everything, firing thousands of investment bankers.
Even if shit hits the fan they'll be rescued by the German taxpayer. I bought 150 stocks yesterday because I want to give it a try. Their stock was at 15$ before, this would be an easy 2x, but I bet they could even get higher.
Banks never die, unfortunately. Them going bankrupt would cause a world financial crisis

>> No.14421048

>>14420969
It is hard to go wrong with huge financial institutions... I'll take a closer look at this, the news from Yahoo Finance is already looking good.