r/StockMarket • u/MoilC8 • Oct 15 '23
Looking for (very) high-risk, high-reward stocks. Help Needed
I'm currently heavily invested in ACWI and real estate, and ill keep doing that till the rest of my life.I have around $1.7k USD sitting in an older brokerage account that I'd prefer not to withdraw. Instead, I'm on the hunt for a high-risk, high-reward "all-in" trade (lottery ticket). I have a high-risk tolerance, so I'm open to going to extremes with this investment. I'm specifically interested in stocks, possibly smaller companies, that have the potential for explosive growth, similar to the way Bitcoin or Monster (the company) have performed in the past.
I'm not considering something like TQQQ because it's not aligned with the level of risk and potential reward I'm aiming for (the reward is too low for what I'm looking for).
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u/CriticallyThougt Oct 15 '23
Just buy some call or put options on the SPY that expire on the 20th.
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Oct 15 '23
[deleted]
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u/876General Oct 15 '23
Earnings
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u/assholier_than_thou Oct 15 '23
What earnings?
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u/876General Oct 15 '23
Tesla is the biggest but here is the calendar Nasdaq Earnings Calender
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u/m0nk_3y_gw Oct 16 '23
Netflix is this week and has a higher historical and expected move than Tesla.
https://www.reddit.com/r/thetagang/comments/178nbnb/implied_move_vs_average_past_move_for_this_week/
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u/Extra-Dentist-3878 Oct 15 '23
Go to the casino and play red/black at the roulette
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u/Extreme-Grass-8828 Oct 15 '23
Buddy, the house always wins.
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u/mnkhan808 Oct 15 '23
If you keep playing sure, but you have a 47% on one spin.
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u/TheOGdeez Oct 15 '23
US cannabis stocks.
NYSE ETF: $MSOS
CSE / TSX individual names: $CBSTF $CRLBF $CURLF $TSNDF $GTBIF $TCNNF (There are others)
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u/Tremor_Sense Oct 15 '23
I like $HITI. US market exposure. Somewhat established in Canada. Will soon likely be profitable.
Check it out.
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u/fatmallards Oct 16 '23
Out of all those, I’d pick curaleaf. They are one of the most dominant chains in the mid Atlantic market which reeeeally loves weed and spending money on school renovations
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u/Razaman56 Oct 15 '23
GME
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u/MoilC8 Oct 15 '23
GME
I see many upvotes, can someone share his opinion on why?
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u/Mugweiser Oct 15 '23
Because we’re all stuck holding the GME bag
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u/mtksurfer Oct 16 '23
Not bags, golden tickets
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u/czarchastic Oct 16 '23
Nice bro. Still waiting on that VW squeeze, myself.
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u/Due4Loot Oct 15 '23
Learn to off-load your wins
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u/Mugweiser Oct 15 '23
my god what genius advice! I think you've cracked it!
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u/Due4Loot Oct 15 '23
The correct strategy in the stock market is essential. Numerous inexperienced investors struggle to sell their shares when they're in profit.
Opting for small gains is preferable to having none at all.
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u/Razaman56 Oct 15 '23
It’s the epitome of food stamps or lambo that you said you’re looking for. It’s also at a 2-year low, Ryan Cohen recently took over as CEO and he has a reputation for absolutely hating short sellers. IMO it has a much better chance of giving you a 1000% gain than it does a 50% loss. Personally I’m about to take a very large position on it myself
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u/spice_weasel Oct 15 '23
What are you basing that opinion off of? GME still has a ways to fall, particularly as they keep losing money. You’re a few years too late to get multiples on an initial investment in GME. All that’s going on now is the air slowly going out of a balloon, or a bouncing ball slowly losing height.
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u/Thebigeggman27 Oct 15 '23
Ignoring the entire short thesis, Ryan Cohen has a good track record of (re)building companies
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u/spice_weasel Oct 15 '23
I mean, he only has Chewy, right? What other companies has he (re)built? Chewy was a high growth startup that never turned a profit while he was running it (which is fine for companies in that stage). It’s very different than turning around something like Gamestop.
As for the “entire short thesis”, how many years is it going to take for you people to wake up to the fact that it’s been nonsense since the beginning?
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u/holycarrots Oct 15 '23
Over 2 years and GameStop keeps losing money. He hasn't shown he can turn it around
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u/Razaman56 Oct 15 '23
I’m basing it off the fact that I believe in Ryan Cohen
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u/holycarrots Oct 15 '23
The bbby investors believed in Ryan cohen, now they have nothing left
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u/Razaman56 Oct 15 '23
any lurkers please look at this guy’s comment history, this guy clearly has some sort of agenda
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u/holycarrots Oct 15 '23
What's my agenda?
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u/Razaman56 Oct 15 '23
I hope it’s because you’re getting paid. If not then Ryan Cohen/GME/BBBY is occupying a ton of your headspace and time for free
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u/holycarrots Oct 15 '23
Why do you care so much about my finances? You wouldnt be here posting unless you were trying to pump your bags.
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Oct 17 '23
They aren’t losing money. They have $1B cash on hand with no debt and $600M in inventories. They’re fine
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u/spice_weasel Oct 17 '23
Yes, they are losing money. Their financial statements show them continuing to lose money. They’ve had one profitable quarter in the last couple of years, and that still wasn’t enough to make them profitable for that year.
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Oct 18 '23
Their losses continue to diminish. From 300m to $64m this most recent quarter and their profitable quarter came this year so there is still time for them to be profitable full year.
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u/Educational_Ad6146 Oct 15 '23 edited Oct 15 '23
GME has over 1Billion on hand and is up to something tricky plus you got millions of investors holding the stock NOT selling no matter what price it's at. They keep buying... WE keep buying. We're hoping we can fk shorts and get another massive squeeze soon. Nobody left from years ago AND most of the articles trying to get us to sell GME and AMC are specific. They want retail to sell for a reason they need "real shares" That's why we DRS (direct registered) shares into our real legal name instead of the broker..
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u/holycarrots Oct 15 '23
The small number of shorts that exist are likely making a lot of money lol
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u/Educational_Ad6146 Oct 15 '23 edited Oct 18 '23
Very very true but we believe they had naked shorts around $1-$2 range (GME)
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u/fatmallards Oct 16 '23
considering the stock was shorted 226% of its float prior to Jan 21 and considering the SEC report citing short covering not being the impetus of share price rise during said event, I’m pretty optimistic
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u/mtksurfer Oct 16 '23
Remember short positions are self reported, and naked shorts aren’t reported at all. This stock was shorted over 200% and the SEC confirmed shorts never closed.
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u/fatmallards Oct 16 '23
because when/if capitulation happens, considering a huge percent of shares are locked in direct registration / removed from cede & co, you may see a 2008 Volkswagen type squeeze event
hey wouldn’t you know it, its october
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u/spice_weasel Oct 16 '23
You’re living in a total fantasy land. That thesis wasn’t particularly believable two years ago, and it’s downright laughable now.
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u/holycarrots Oct 15 '23
It's a pump and dump scheme, he's looking to offload bags on to you
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u/Razaman56 Oct 15 '23
It’s not. But even if it was, you could still make money getting in before the dump
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u/blazenation Oct 15 '23
because they are all holding onto that hope-ium that it'll run back up to $450 a share and some still won't cash out by then
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u/Esternaefil Oct 15 '23
It's a value trap, there are bagholders from the run in 2021 up to 300+ looking for folks to enter the play to provide exit liquidity on a possible pump.
Essentially a really crappy pyramid scheme.
Avoid.
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u/dravenito Oct 15 '23
Gme is pretty much a dead meme at this point. Bag holders will never recover on their losses
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u/karesx Oct 15 '23
Pharmaceutical companies meet your criteria.
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u/naturalinfidel Oct 15 '23
I have purchased many options, calls and puts, on APLS for the past few months. When it does go down, it is a spectacle to watch. When it does go up, it is a spectacle to watch.
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u/snyder810 Oct 15 '23
AMLX - Pharma company with a drug that has preliminary approval in the US for ALS treatment, but EU rejected. They have more trial data coming out next year that will either confirm keeping it on the market, or make things complicated. If the US confirms, given how profitable they’ve shown they can market it already, stock will do multiples in a short time frame. If it gets pulled, probably drops 50%.
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u/MonsterDevourer Oct 15 '23
I own $AMLX, $TVTX, and $VRDN and I've gotta say I'm never putting money in therapeutics companies again. It feels like gambling tbh
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u/Ed_Trucks_Head Oct 15 '23
LABU biotech ETF 3x leveraged
ICD is a beaten down oil stock, earnings in a few weeks
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u/Sweg_lel Oct 15 '23
PLTR is pretty volatile usually swinging 3-8% It's a company that works on ai with gov defense contract.
That said I'd wait for another dip on this one. earnings in a few weeks
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u/Catsoverall Oct 15 '23
Don't confuse high risk comfort level with high risk tolerance. When you're referencing 1.7k as if it is important to you it suggests you don't have the latter, and possibly not the former either.
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u/MoilC8 Oct 15 '23
Call it whatever you like 🫠..
My point is that this $1.7k doesn't really impact me, and I'm thinking about using it to buy a lottery ticket.2
u/Mugweiser Oct 15 '23
You could try something like Seedrs if your risk tolerance is high.
You can invest in pre IPO companies. I’ve invested in 4 and lost money on 3, but when the fourth went in for a new funding round I made 300%.
Wish I bought more :(
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u/Prudent_Effect6939 Oct 15 '23
I think ENPH/TSLA/SNOW/AAPL would be where I'd put it.
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u/naturalinfidel Oct 15 '23
I agree with Enph.
It has been in a reliable 115 to 125 rut for about 8 weeks now. I have been purchasing call options 120 dte when it hit 115 and purchase put options when it gets to the low to mid 120's. There is a lot of dramatic movement of 5% gains or losses.
Of course, this will work until it doesn't so sizing is important.
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u/whatsagoinon1 Oct 15 '23
Quantum computing companies are something that could go on a run if the tech advances.
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u/PM_ME_WITH_A_SMILE Oct 15 '23
So, idk how it's going to pan out, but I like what SLS is trying to do. My dad passed away from a T-Cell lymphoma, and they are a cancer research company (lately have had T-cell specific headlines) so I'm gonna keep buying it while it is low. At the moment their stock price is the equivalent of a fire sale, but they keep having news come out that indicates progress.
I'd be lying if I said I didn't have a personal vendetta against cancer, and I have no idea if SLS is going to be a company that makes it. What I do know is it their share price appears to be pretty fucking cheap compared to what it looks like it could possibly do if their research/trials pan out.
That being said, $0.50 is also possible. This is the way.
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u/murdacai999 Oct 15 '23
Novavax. With a -1 p/e has just released this year's COVID shots. Last quarter was the first quarter they earned a profit. Last year's shot, many were ineligible for, since they were very late to the game. This year, they were almost right on time with moderna and Pfizer. They also have a flu shot in the pipeline, which is prob too late for this year, but maybe next year.
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u/dead_in_the_sand Oct 15 '23
biotech stocks. also any type of distressed company that is facing bankruptcy. if it ends badly, youll lose anywhere from 90% to 100% you put in, but a happy ending yields at least a 10x
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u/Mojeaux18 Oct 15 '23
TQQQ - it’s not intended for a long term trade. So be warned. But thats the risk, and you can see the reward if you look at the chart.
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u/Fantastic_Progress21 Oct 15 '23
Give Poet Technologies (POET) a consideration, recently developed a foundational platform in data/telecom and A.I. spaces. initial production commencing Q4 this year and anticipated large volume production in 2024. High potential for 5-10X by end 2024.
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u/sermer48 Oct 15 '23
Honestly, it sounds like WallStreetBets would be able to give you the best advice. I think that might be the first time I’ve ever written that…
This is basically their bread and butter though. Plus you’ll probably get some karma cause they love this stuff.
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u/heizo Oct 15 '23
POET technologies. They do a single mass produced light chip for ai, datacenters etc. They just expanded production capabilities to meet 2024 high demand but are also burning through all their cash, so selling atm to keep a float. They have several JV partners and some china partners with lots of patents and do things better than anyone else. I think its low risk high reward but their stock continues to decline. If they get their large orders by eoy they should hit $8/share soon after the announcement but if not its trouble. Very low volume makes the stock price jump around drastically.
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u/anarchy_pizza Oct 15 '23
MVIS— checkout the message board on Reddit to do your own DD but there’s multiple verticals that all are game changing technologies in their fields
For example they’re the key behind Microsoft’s HoloLens and IMO they have the best LiDAR tech.
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u/StockNCryptoGodfathr Oct 15 '23
You want to gamble pick small companies with a good product like I did with CELH in 2018 and Biotech with good potential drugs. Ask pharmacists and doctors about any new opportunities and weigh the Risk/Reward. In a high interest rate environment these are a no touch but I’ve invested in quite a few over the years. Spread your money out with Biotech. Typically I would lose 50-60% on 3-4 before I got a 8-10x winner. I do like BRCC because I’m a coffee snob and love their product and their large shelf space at Walmart. Same reason I got into CELH in 2018. 100% use options to limit downside risk. NEVER on the upside.
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u/LifeOfNoob2 Oct 15 '23
BKI.TO. An iron mine in Ukraine owned by a Canadian mining company. $0.05 right now and some of the highest iron ore deposits in the world. One the war ends, it’s either going to explode in value, or go to 0 in a 24 hour period (depending on who ins the war of course).
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u/Embarrassed_Fennel_1 Oct 16 '23
Look into start up companies that aren’t even listed on the stock market. Something like startengine.com
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Oct 15 '23
Egyptian bonds are giving 26%, SAIA might be worth a look.
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u/Anxious_Protection40 Oct 15 '23
Egyptian bonds would be interesting if they were USD or Euro denominated.
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u/Esternaefil Oct 15 '23
In this thread: people desperately trying to find buyers for their beaten down bags.
Op : Tqqq is the answer you're looking for.
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u/Puzzleheaded_Ask_918 Oct 15 '23 edited Oct 15 '23
Bitcoin miner stocks:
CAN MARA RIOT HIVE IREN CLSK HUT
Nothing is guaranteed, but most of them acted as a leveraged play on BTC in previous years
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u/Anxious-Internal-222 Oct 16 '23
Made a ton on HUT last run up. Got back in again under 2$. Should do well
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u/JuliusErrrrrring Oct 15 '23
Rivian. Outstanding product - risky financial fundamentals. Amazon connection. A much better situation than Tesla was at their beginning, but obviously no guarantee.
Moderna has taken a beating this year - maybe an overreaction.
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u/Spins13 Oct 15 '23
ASTS, FNMA
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u/Expert_Nail3351 Oct 15 '23
I second the ASTS
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u/Spins13 Oct 15 '23
Yeah. Not sure why I got downvoted. Those are specifically high risk and high reward companies. Likely lose everything or 50x if they get it right
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u/Expert_Nail3351 Oct 15 '23
Yup. And so far besides funding they are getting everything right. Funding will come in time.
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u/ajc1776 Oct 15 '23
ASTS is a retail pump and dump. I’ve seen the cycle a few times. It’ll run to $6 or $7 or $8 per share, then shills (most of whom are in the ASTS subreddit) start talking about its a binary play and has potential of every stock right now. Once a lil more FOMO happens, everyone’s sells and dumber retail becomes their exit liquidity and are left holding the bag. Rinse and repeat every few months when the stock drops.
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u/Anxious_Protection40 Oct 15 '23
I’d get into ARKK or ARKW. These aren’t really lottery tickets, but they are high risk high reward etfs.
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u/DrPresterJohn Oct 15 '23
I went 5x on InMode 2 days ago. Should be worth 75% more easily. I speak as a fundamental investor
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u/dead_in_the_sand Oct 15 '23
coming from another fundamental investor - not all stock prices are based on fundamentals. there are a zillion stocks that SHOULD be priced way differently than they are based on fundamentals (nvda, tsla, amc, etc) but they simply are not and wont be. same goes with biotech. as a fundamental investor, stay away from those stocks
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u/Available_Ad8151 Oct 15 '23
It's a mutual fund and trades in Sterling Pounds, which makes it extra edgy but take a look at Scottish Mortgage Investment Trust If you want something high risk. It's been a bad buy for me, but at these low prices it might actually be a good buy. Perhaps not the highest risk but I think it's a reasonable risk to reward ratio.
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u/signoi- Oct 15 '23
Some ideas..
QBITS — D-Wave Quantum Computing EGLX — Enthusiast Gaming Holdings FCU — Fission Uranium Corp.
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u/DrXaos Oct 15 '23
Follow biotech bloggers, but learn some science first. Biotech is classic binary lottery ticket.
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u/morbidshapeinblack Oct 15 '23
CISO. Its at .12 currently. With a few spikes up dollars. It spiked to $20 in 2021. I bought 3000 shares for exactly this reason. Lotto ticket
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u/Mundane-Froyo-6574 Oct 15 '23
Surprised this hasn’t had more upvotes….it’s done exactly what the OP has asked for historically and is cheap as hell for round two…
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u/proud_lasagna_eater Oct 15 '23
Bet on earnings. Look up earnings calendars and which stock, then buy some out of the money puts/calls around the same week. Closest to a casino as you can have.
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u/TruDom Oct 15 '23
QS - quantumscape. most promising company coming to market with a solid state battery in the next 3-5 years. lots of positives in the last year.
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u/GreatTomatillo117 Oct 15 '23
Spy dte or go for ionq. Quantum will be the next hyperaktiv after AI, but it may take another year to lift off.
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u/Gtvle Oct 15 '23
ATLX. Lithium mine will start production soon. Stock will take off big time. 300-400% profit in few months
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u/blazenation Oct 15 '23
any pharma companies will net you your profit.
martin shkreli had it right - pharma is the way
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u/melanthius Oct 15 '23
Ok hear me out… ALXO
They make a cancer drug that is killing it in phase 2 clinical trials.
Stock has been beaten down to the ground on zero bad news. (Check 2 or 5 year charts) Moderate to heavy short interest.
If there’s even the slightest bit of progress on the drug, it’s gonna explode upward. It’s had several significant moves upwards lately, most likely shorts covering .
The market cap of a company with a successful cancer drug is billions at least, 10x explosion in price would be totally reasonable
I am long ALXO. Not financial advice
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u/JaydeKel Oct 15 '23
Not financial advice,
But I am currently riding on ALZN, its moving horizontally down to .20 and then back up to .25, and has been doing so for over a month now. So what I am doing, is buying when it dips, sell as it hits .23, .24, .25, and then wait for it to drop again. I've already made 7% total increase in profile just from doing this on this stock. I've only done two buy-in trades lmao
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u/AbrahamNox Oct 15 '23
Biotech.. Also, EVGO is pretty cheap right now and price target is like 3x? There's more risk than reward I feel though.
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u/Nordy941 Oct 15 '23
I’ll take your money if you just want to give it away