About the Reddit stocks, is it for you - as observer/lurker (i assume you do that) - any (tiny) possible to get in early based on reads on that forum/wsb? Or do they just always shout after the pump?
I read as many Asian chats, US and have a a subscription scanner posting the most talked about stocks. You get the hang of garbage pumps while letting plays like RGTI continue. All three look interesting as long as they don’t do a shelp offering.
Actually, any micro-cap quantum computing related stock is off to the races. Ionq, qbts, rgti, qubt, arqq, qmco, bbai, qsi, soun, laes, have had incredible runs. Don't underestimate the social media hyped stocks, remember Gamestop. However, most have little actual revenue and are incredibily over hyped and over valued. Most have P/S of several hundred to several thousand, with no significant improvement in earnings over the next year. I have a friend who works as an independent, repairing and maintaining several major corporations networks and infrastructure. He says cloud computing is NOT the radar yet, not even close, for any company He works for. Everything is still about AI. So like GME these penny stocks, in all likely hood, will return to reality. And the answer is yes, I have traded some of these, and will continue to do so until the euphoria is over.
Friday GTI busted $(.38 to $1.25) and it’s still holding out at $1.60. WIMI almost hit its 52 on a down day. SES volume very light. GTI has the most chatter. QSI holding but not as many mentions.
Outdated/slow news by a few days/weeks. QSI - significant volume on 20 Nov 2024 & 26 Dec 2024. It has already gone up from 0.6 to 2.1 SES .... Is there any better Reddit/social media / OP that is not slow?