Hidden gems

This is not how any of this works.

I feel like this post was from the 1970's.

Congratulations on starting to invest.

Don't look for quick money, there is none.
Long and slow wins the race.
Investing in a ,"secret stock" is called gambling.

profile wrote: ↑ Congratulations on starting to invest.

Don't look for quick money, there is none.
Long and slow wins the race.
Investing in a ,"secret stock" is called gambling.

Thank you for the kind words!

You can get some quick returns if you get in early enough on the flavour(s) of the month stocks. Each month recently something goes on a fast tear whether it be EV, Psychedelics, Blockchain stocks, Small cap biotechs, short squeeze mania, etc. Last week, OTC stocks made a great run.

We have a penny stocks thread here if you’re interested. Keep in mind these are highly speculative plays so only put in a portion of your portfolio that you don’t mind losing if things goes south, whether it be 1K, 5K, 10K, etc. You can make 100%+ returns in one day but you can also lose 50+% the next. Sometimes it can happen on the same day. Just like typical investing, don’t put all your speculative money on one speculative stock, diversify. This way your speculative capital can survive when one stock tanks hard but have another that you are able to bank a 2X, 5X, or 10X and come out ahead and grow the speculative account.

apertotes wrote: ↑ Is there any situation where you would rather keep quiet and benefit from it?

Congrats on getting started. If you want to pick individual stocks, be prepared for a lot of research, learning, and some ups and downs. If not, I would suggest sticking with broad based index funds, ETFs, etc.

To answer your question above, the only time this might make sense is if you want to keep it quiet and not promote the company. Maybe if you're still accumulating more of it and want to keep it as more of a hidden gem like you said. But realistically the only time this will ever to matter is if it's a smaller company. Even if it's small it still probably won't make any difference. Your forum posts will definitely never move an Amazon, CN Rail or Telus.

Hidden gems? They tend to get you to buy high and sell low.

Capt. wrote: ↑ Congrats on getting started. If you want to pick individual stocks, be prepared for a lot of research, learning, and some ups and downs. If not, I would suggest sticking with broad based index funds, ETFs, etc.

To answer your question above, the only time this might make sense is if you want to keep it quiet and not promote the company. Maybe if you're still accumulating more of it and want to keep it as more of a hidden gem like you said. But realistically the only time this will ever to matter is if it's a smaller company. Even if it's small it still probably won't make any difference. Your forum posts will definitely never move an Amazon, CN Rail or Telus.

Well, somebody's forum post moved Gamestop. But I get what you are saying. Thanks a lot for answering the question!

Love to see how this plays out.

1Ogiku2 wrote: ↑ Love to see how this plays out.

LOL.

I did buy 4,000,000 shares of MINE at 0.0019. I think it's a hidden turd with a gem hiding inside of it. If it doesn't hit, I'll get the smaller boat for the cottage this summer.

There are no, "hidden gems" although each day, a stock does go up 40-200%. It's the wild west right now. We all miss going to the casino, so the market has replaced it.

Take 5% of what you have and go to the penny stock forum. They actually have some great calls there. I'm completely serious.

If you find a hidden gem, let us know. I love a good tip and I'm also serious.

Braude wrote: ↑ LOL.

I did buy 4,000,000 shares of MINE at 0.0019. I think it's a hidden turd with a gem hiding inside of it. If it doesn't hit, I'll get the smaller boat for the cottage this summer.

There are no, "hidden gems" although each day, a stock does go up 40-200%. It's the wild west right now. We all miss going to the casino, so the market has replaced it.

Take 5% of what you have and go to the penny stock forum. They actually have some great calls there. I'm completely serious.

If you find a hidden gem, let us know. I love a good tip and I'm also serious.

I was rather sarcastic, as this is completely speculative and just based on luck and gambling.

Hindsight is 20/20. If we had it to do over again we could have mined bitcoin in the early days, bought Apple, Google and Microsoft or even a year or two ago bought Tesla. Or bought up bargains in late March 2020. Alas none of us has a crystal ball. Your chances of picking the next hot stock are nil. But you can gamble and get lucky, but its luck, and not much skill involved.

Sorry to be the bearer of bad news.

1Ogiku2 wrote: ↑ I was rather sarcastic, as this is completely speculative and just based on luck and gambling.

Of course.

I was just expanding off of your sarcasm.

Quentin5 wrote: ↑ Hindsight is 20/20. If we had it to do over again we could have mined bitcoin in the early days,

I posted in another thread how smart I thought I was when I made 1500BTC with my Nvidia card in early 2010s and sold them for $5,000 (no one knew what they were at the time except the people in the mining pools). Hindsight is 20/20 indeed!

admiralackbar wrote: ↑ I posted in another thread how smart I thought I was when I made 1500BTC with my Nvidia card in early 2010s and sold them for $5,000 (no one knew what they were at the time except the people in the mining pools). Hindsight is 20/20 indeed!

That must really sting. You would have had to stomach all those ups and downs but you basically won the Lotto Max a decade ago lol. But again, how would you have known? Trimming positions seems to be the way to go, rather than sell all at once.

EddySaver wrote: ↑ That must really sting. You would have had to stomach all those ups and downs but you basically won the Lotto Max a decade ago lol. But again, how would you have known? Trimming positions seems to be the way to go, rather than sell all at once.

At the time I was mostly worried about the legality of creating currency at home (the legality of BTC was not well established at the time either). It does sting, but I was blessed with health, a wonderful spouse and enough material comfort in life which is what I concentrate on. I also did pretty well on my stock portfolio over time (MSFT, GOOG, AMZN, AAPL, etc since the early 00s) so cannot complain there either.

admiralackbar wrote: ↑ At the time I was mostly worried about the legality of creating currency at home (the legality of BTC was not well established at the time either). It does sting, but I was blessed with health, a wonderful spouse and enough material comfort in life which is what I concentrate on. I also did pretty well on my stock portfolio over time (MSFT, GOOG, AMZN, AAPL, etc since the early 00s) so cannot complain there either.

Jeez 1500 bitcoin is $60 mil today lol...

Sanyo wrote: ↑ Jeez 1500 bitcoin is $60 mil today lol...

Yep, not sure I wouldn't have sold at 10k, 100k or a mil, easy to say now!

admiralackbar wrote: ↑ Yep, not sure I wouldn't have sold at 10k, 100k or a mil, easy to say now!

yeah i dont think people saw all this easy QE coming this decade and extremely low rates that allowed Bitcoin to zoom up.

Bitcoin is the anti-fiat and when govts treat fiat like a joke, this is what happens.