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Good Investors Make Investing Harder

3 pointsby robinhoodexeover 2 years ago

1 comment

smcnover 2 years ago
The part about &quot;cool&quot; tickers absolutely rings true. The fact is that stock prices are based entirely on supply and demand, and external factors only matter when enough people participating believe the same.<p>The past couple years has given massive rise to retail investors as market drivers. You can point to GME as the classic example but it&#x27;s by no means alone. BBBY went from ~$5 to $30 not too long ago. Or, can look even closer: yesterday AVCT went from 1.62 to 2.35 (increase of 45%). Last week MMTLP started at around $3.77 and went to a high of $7.51, while that was happened MMAT went from $0.70 to $1.35. The week before, you&#x27;ve got FNGR going up 48% on the 5th, you&#x27;ve got AVCT up 29% on the 4th, GTII up 55% on the 3rd and 25% on the 5th.<p>If you stick to the standards of the past, you miss out on insane value. I just don&#x27;t see how investors can disregard social media for much longer.<p>Disclosure: I run <a href="https:&#x2F;&#x2F;feetr.io" rel="nofollow">https:&#x2F;&#x2F;feetr.io</a> which found the above stocks
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