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Hot stocks to buy? suggestions, recommendations

neverbored

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Aug 17, 2003
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Thanks for the heads up. I keep hearing about the positive effects. Considering how my last shroom went (30+ years ago and did not go well at all lol), I've been quite reluctant to try.
What the noticable duration time for you? And how amplified does it get when compounding doses?
 

Mistral

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Jan 8, 2006
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Was told about this from a friend last weekend ( magic mushroom stocks ), Spent about $1,000 on each. MYCOF, CLXPF and MMEDF. My guess is that it may be a 3ish year wait for good return but it is only $3 K.

Thank you sir. I took a small position in MYCOF @ 5000 shares just under $0.4. I like the name and the chart too. Just listened to the CEO talk about their focus on PTSD in veterans.

If and when I can ride this up, I will use the proceeds for a COF-themed trip to Montreal. Seriously... just to make it fun.
 
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Numerati

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Nov 2, 2009
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With the recent WallStreetbets reddit and the elimination of stock commissions the Markets here in the U.S. are going to be much more volatile. It is not about old school fundamentals and valuations anymore. The recent GME debacle is about us vs. them and making and starting a movement. The idea of Stocks In Play are going to make or break fortunes. As Livermore stressed it is not about the upside or the downside but being on the right side. So if you are on the right side of the trade I bow to you.
 

Doggyluver

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Why HOT stocks ? If it makes sense and pays a dividend then invest but to speculate, you'll only end up losing the money you invest. The most successful investor in the world Warren Buffet would NEVER invest in any of the crazy ideas you are talking about and he is a multi billionaire. He learned from Benjamin Graham ( you may want to Google him ) . How many of you INVESTORS have ever looked at a balance sheet ? How many of you know how to read one and determine whether or not a company is viable ? Where do you people get your ideas, comic books ?
 

Biggie Smalls

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Sep 30, 2019
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Why HOT stocks ? If it makes sense and pays a dividend then invest but to speculate, you'll only end up losing the money you invest. The most successful investor in the world Warren Buffet would NEVER invest in any of the crazy ideas you are talking about and he is a multi billionaire. He learned from Benjamin Graham ( you may want to Google him ) . How many of you INVESTORS have ever looked at a balance sheet ? How many of you know how to read one and determine whether or not a company is viable ? Where do you people get your ideas, comic books ?
Keep in mind what website you are on. Whats the phrase, believe half of what you read and none of what you hear?
 
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Abathur

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Aug 8, 2019
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Where do you find bloomer stocks ? Victoria secrets ?
100k profit over what period of time and amount of initial investment ?

I am working for a bank so I have some insider info on which stock is good value. my initial investment was 50k, but later adding another 50k, so a total 100k.

I've started investing from around May 2020.
 

Nerd666

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Dec 11, 2020
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I think that building a portfolio of individual stocks is a poor investment strategy for an individual. Even seasoned professionals fail to beat the market (net of fees) on a consistent basis. In my understanding, learning fiscal rules, sound budgeting and ETF are the way to go.
 

neverbored

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Any bitcoin investors ?

what's your take on bitfarms (TSX: BITF) and MARA (NASDAQ: MARA)
 

Sol Tee Nutz

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Apr 29, 2012
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Look behind you.
Found this and did some research on Motley fool. Will try them out and see what happens.


 

TheJames101

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Jan 20, 2017
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Any bitcoin investors ?

what's your take on bitfarms (TSX: BITF) and MARA (NASDAQ: MARA)

It's too late to get into Bitcoin and make a big profit unless you're willing to invest massive amounts of money.

I've bought some DOGE and Safemoon for fun - also hold some ADA and ETH.
 

Like_It_Hot

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Jun 27, 2010
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I got in in november when it was $18,000 and sold at $53,000 as it is speculative I put only $10,000 and made roughly 200% ($20,000) in 3 months.
I regret not having chose ethereum which did even better (600%, from $500 to $3,500). Maybe next time... on a dip or a strong push upward. now it is pretty flat and it may take any direction.
I did it through the stock exchange QBTC on the TSX. Easier and safer than buying the coin itself. Below a 7 month graph of the Bitcoin value in US$.
bitcoin copy.jpg
 
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Like_It_Hot

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MARA, Marathon Holding is one I am watching. Not clear which way it will take. My guess is it is pulling back. Only bet money you can lose.
A strategy I like, if you want to speculate, determine the total amount you are willing to bet. Put 25% now when it goes 15% up or down put and other 25% and so on.
As you can see, MARA was $2,20 early november, is now $31 in may. It's max was $56, 1 month ago... Very volatile. never buy on a peak as it goes up and down, weeks after weeks.

MARA copy.jpg
 
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Like_It_Hot

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I think that building a portfolio of individual stocks is a poor investment strategy for an individual. Even seasoned professionals fail to beat the market (net of fees) on a consistent basis. In my understanding, learning fiscal rules, sound budgeting and ETF are the way to go.
On long term you are probably right if you do not manage and do your due diligence. But on short term, going with the momentum is paying a lot. By instance, energy stocks that were a slump for the last years are going upward big time as oil price is going up. The banks did very well since the march crash and will even do better when interest rate will go up. I'm making big bucks with my forestry stocks since the price of wood is at a all time high big time. Up to november 2019, I did like you suggest. But fearing a correction, not a COVID crash, I sold about 30% of my stocks (in diversified funds) and kept it in cash. 6 months later, after the big 30% dip I went back in the market and made very well. Now I manage 80% of my portfolio. But I put on a lot of reading and studying to choose the right stocks. A good company is not necessarily a good stock and the reverse is also true. I expect to actively manage my portfolio for 1-2 years. Gradually I will come back to the strategy you described for 50% of my portfolio or maybe more. It also depends where you are on your life, age, financial situation, personal choices and interest, how much time you can dedicate to study economy, etc.
 

Sol Tee Nutz

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Apr 29, 2012
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Look behind you.
By instance, energy stocks that were a slump for the last years are going upward big time as oil price is going up.
March 19 2020 I bought Husky at $2 something and now it is over $9. Advice from a friend who put $50 k in it.
 
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