Bitcoin, Crypto Currency Crashing lately

OP
OP
Joe

Joe

Site Supporter
Reaction score
4,240
You do not understand stock prices, Senile @Joe.

As we discovered here:
Well, I only have so much room in the TFSA Lex @The Prowler.

Because the funds have already been used to purchase other stocks.

As an example, let's say there's $300 left to invest in 1 trading account.

I spend that to buy 1 share of Franco Nevada at $300 per share.

Then there's no money left to buy anything else.

All the available funds/cash to invest is used up on this 1 share.

And at best that stock might go up another 50%

However, if I buy 300 shares of another penny stock at $1 each that could rise 1000% to $10 per share, potentially which is the better buy?

Essentially, the guy in that video employs that strategy and he's probably a millionaire many times over.

"Buy Low/Cheap....Sell High"

I don't see that as being a terribly academic concept Prowler.

I think @Seamajor asked you as well - what don't you understand about that CONCEPT?
 
Last edited: