Joe
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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?
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