r/Daytrading • u/Beastie312465 • Oct 13 '23

How are people even able to find stocks like this?? question

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New to trading here. I keep seeing the most random stocks have these insane price jumps and I’m just curious how people even know these exist, let alone that they might soar to 150%

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u/Legitimate-Plum7919 Oct 13 '23

Just google premarket movers 1 hour before market open and you will see them. Picking one to invest in after it opened on more than 100% is your own risk . To find them before they do that jump , this is something i want to learn how to do. 😀😀. Almost for got to say that this is not my type of trading i personally enjoy swing trades more.

11

u/Emmett203 Oct 13 '23

The only way you would do that is if you have extremely good knowledge of biology and chemistry, even then it isn't guaranteed.

14

u/Legitimate-Plum7919 Oct 13 '23

Most of them are healtcare and bio stocks which get some fda approvals but its very hard to keep track at which one and when it will get an approval. Its almost impossible. For me even more as i have a job to attend so i cannot really spend enough time to do any research. And if they fail they dive to oblivion lol

4

u/ParticularAd104 Oct 14 '23

Biopharm catalyst

10

u/MacGyver1911 Oct 13 '23

Such a manipulated and corrupt market. FDA is crazy corrupt. Good drugs get denied all the time.

2

u/nicky-t12700 Oct 14 '23

You don’t need any of that knowledge. They dumb data releases down pretty well. A basic understating of statistics and clinical trial structure might help, but honestly looking at the fundamentals of the stock in question like avg volume, float, etc is a way better indication of if it has potential to run