So in this Fear-filled environment it's time to pick up some risky stocks. Lots of them will be 10x baggers in the future, some will go Bk. People get greedy and people get fearful. I'm here to capitalize on that, lol.
There nothing wrong with buying when there's blood in the street; however, when there's blood in the street there's no need to get overly greedy. If GE lost 70% ,3M 50%, Apple 60%, why not invest in them ? They look very attractive at these prices and they have sound fundamentals. Why penny stocks ? I do not understand, if you want risk, there's risk even if you buy GE at its current price. Why Sirius ? Is it the adrenaline ? Is it like a forbbiden love ? Is it like the original sin ? Am I missing something ?... TELL ME WHAT IT IS !!! I am beginning to short circuit here... Buying Sirius is completely irrational, then again, you humans are irrational creatures, that may be it... yes I am sure that is it !
pffff excuses, if u bought it at 50 something cents your down quite a bit no matter how u spin it.
Anyway, everyone in the forum performed the same analysis as you did when they bought some SIRI's shares... unfortunately, some ended up paying dearly for their mistakes. Check this post: