Perhaps better if you buy "value". Wall Street will pump "a few", of course. In 2009, I don't recall any pumping of Citibank... it was as low as $.95. CGC (pot stock) went from $2.13 to $4.26 in a month just on bottom fishing. Wouldn't you take a flier on it $ $.25... or $.10? And I don't mean, "buy 1000 shares".. but rather buy 100,000 shares if that fits into your risk profile. It would be like buying a cheap option that never expires.
Well, I don't think WSB was around back then. Also the investing/trading climate has really changed in the last 15 years. The so-called "meme stocks", where a community of organized traders artificially pump a stock, would definitely be considered illegal in the past (at least when I started back in the 90s). I don't know what these lazy regulators are doing. How times have changed.
%% LOL \exactly. It ''dipped'' down\trended a LOT LONGER than that in bear of 2000, 2001, 2002. Most of the millionaires in the stock market ARE MARKET MAKERS/SPECIALIST$; + investors that buy every Month for 30 or 40 years....................................................... But my JAN buys did so much downtrends, i waited 'till this month todo some investing; nothing like main trend= down\ medium trend down....................................................................................... Make a million/net+ taxes + SEC fees