I had 5000 shares of a $2.00 stock on Friday and it went up 10 cents. But i didn't invest over $12,000 to take a $500. profit.
I thought news was good. But a late Friday and volume never came in. It dropped and took out my stop where I bought. I lost back $500. Tough market now.
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Two points of info my good friend:
1) A trucking broker friend told me while he's had a really great year, his trucking costs have doubled. He trucks throughout the USA.
2) 5000 x $2.00 = $10,000 )))
Also suggesting EVERYONE go watch the latest Cath Wood vid...happy Saturday
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Please note the trucking cost increase is due almost entirely to the lack the of drivers, not fuel costs...ciao
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