The Stock Market Catch
>>12464514 (OP) Guys, random question. If the stock reaches bottom at one penny, wouldn't it be clever to buy a shitton of it? it can not go any lower right? if it goes up to 2 pennies, you doubled your money. This makes no sense, what is the catch? >>12464513 The catch? It doesn't go up by a penny and you're fucked. You might be able to pull it of. But just because you want to sell it at .02 doesn't mean anyone wants to buy it at .02. You're just gambling at that point. >>12464637 Wait what? People need to want to buy? I thought you could just hit "sell" on etrade and your good to go? >>12464679 Dude... Dude read the Wikipedia page on financial markets at least. >>12464686 So i need buyers I cant just hit sell? >>12464615 What do you think "sell" means? this is the dumbest investment I've ever fucking seen /biz/ - Business & Finance
An anonymous /biz/ message board thread jokes about someone discovering that buying a penny stock is not enough to guarantee profit: the stock must rise and a buyer must exist when they try to sell. The punchline is the poster’s naive misunderstanding of how markets work, followed by increasingly exasperated replies. It is sent as a reaction to clueless financial advice or reckless investing. EN: An anonymous /biz/ message board thread jokes about someone discovering that buying a penny stock is not enough to guarantee profit: the stock must rise and a buyer must exist when they try to sell. The punchline is the poster’s naive misunderstanding of how markets work, followed by increasingly exasperated replies. It is sent as a reaction to clueless financial advice or reckless investing.
- @pokupkabitka / 50207 2025-05-14
- Type
- image
- Size
- 452×800 · 77.0 KiB
- Mood
- sarcastic, exasperated
- Language
- en
- Added