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That week I put $300 into a stock and lost $180 in 4 days
I got caught up in the hype on a penny stock last month. Saw a bunch of Reddit posts about it, did some quick reading, and threw in $300 thinking I'd double it quick. Monday it was up 15% and I felt like a genius. Tuesday it dropped 20% and I told myself to hold. By Thursday the whole thing crashed hard when some bad news dropped. I sold Friday morning at a $180 loss. My buddy Dave texted me a screenshot of his 40% gain on the same stock because he sold Monday night. That stung more than the money honestly. What made me think I could beat the pump and dump game without any real plan?
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patricia423mo ago
Honestly same here, bought into a hype stock and watched my friend cash out right before I tanked.
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ryanhayes3mo ago
Ah yes, the classic "buy high, watch your friend sell high" strategy.
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