Volume is amazing when you look at it. ?Why DO 250k shares of Crowdgather change hands on an average day? Who is bothering? My thought is there are some shit stocks that get pumped cyclically and you could/can grab some extra bucks here and there if you watch when they are being pumped. My Jubilant Flame is a bit like that - closely held(mostly family) company, been around for almost 4 decades pushing cosmetics but always "on the verge of getting into real medicine." I can imagine them holding seminars, drawing in a fresh group of clueless investors once a year *. Like selling time-shares.I've set up $10 limit buys Monday morning for some 0.00 penny stocks that have huge volume. Haven't looked at anything but volume so lets see what happens
Don't despair. Those stock articles "we called it on Google, $1000 investment would be over $1 million today!" - can make you feel . Sure, if you had it for 21 years. $1000 basis at 39% compounded annually nets you $1,007,653 after 21 years too. If it was all Gamestock rides everybody would buy stocks. You're young, you have time to let things grow.The one stock I have that is holding steady is the one I have a limit order on. FML.
I think the crypto crash (there will be one) will be MUCH more spectacular than the stock market. Some of the experts think we'll see some cryptos reduced to as little as 1/50th of their current value. I'm HODL on most of my stonks.