Submitted by Big_Fat_Polack_62 t3_z7vild in wallstreetbets
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Submitted by Big_Fat_Polack_62 t3_z7vild in wallstreetbets
[removed]
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>It's not worth investing in a stock that is losing money. It may look attractive on the surface but you could be setting yourself up for failure if it doesn't perform well and end up costing you more than what your initial investment was. Do some research before taking such a risk!
Right now, not many stocks are gaining. This is a casino, not a brokerage. Fortune favors the brave.
But you buy high, sell low right?...... right?!!
Brings me back to when he said FSR isn't a business, they're just a business plan.. weeks later he was pumping the hell out of it. But, ok, now we don't buy companies not makin money.
*Source; "Jim Cramer Warns Investors This Chinese EV Maker Seems 'Very Dicey' Amid China Protests, Benzinga · 2022/11/29 02:19 GMT-06:00"
That’s my standard approach, yes.
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