Yesterday I came across $RGCstock , which has been rising extremely lately and is already up 48,000% this year, which is insane. I don't have any of these stocks in my portfolio, but as a total speculation with a small amount it could be interesting.
Do you have any similar stocks in your portfolio that are purely speculative?
Sometimes I speculate and invest in IPOs, but they are small amounts.
It's a force sometimes when you see that. As you say, one could speculate why not. What's $10 today when the stock isn't worth a dollar. But where to look for it? 🤷♂️ ...I'm not good at that yet, or those ideas of where to look, I don't know ...do you have a place?
The only one I have and tried is $CHPT a while ago. I got a few in there, probably about $20 but the stock is worth something like $0.6. It's just speculation, which if it goes away doesn't matter, but if it goes up, why not. Electric car charging stations certainly have a future, it's just a matter of how the company handles the market environment where other players are bigger.
A lot of these companies will probably be in pharma vid, after all, a company trying to make a drug will initially be in a bad way, in debt, no results ...but when they succeed. It's hard to estimate. 😊