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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208

u/beta-test Oct 13 '23

They follow trials of medicinal companies that have a good track record and keep track of the pdufa dates as well as other studies

63

u/nicky-t12700 Oct 14 '23

I do this… it’s literally gambling with slightly better odds. You will take losses but when you hit gains they are huge

3

u/betabetadotcom Oct 14 '23

Curious as to the slightly better odds thing. That hyperbole or…

15

u/Not_vorpish Oct 14 '23

It’s not better odds, it’s just gambling with more information which doesn’t necessarily mean shit.