I hope you’re enjoying your Sunday! I just wanted to take a few minutes of your time to talk about some movements in the market that could be tempting to jump on, but ultimately could prove very harmful to your portfolio.
In today’s market update video, I want to touch on some of the incredible moves up we’ve seen lately in a handful of stocks.
Now, you may be thinking that stocks making big moves up is a good thing and something you’d like to get in on. But you have to be careful…
In an article I published earlier this week on 10-Minute Millionaire, I warned about the dangers of “low float” stocks – those companies that have less than 100 million shares available for trading.
Due to the relatively small number of shares available, these stocks have the potential to experience massive price swings from even a small amount of buying interest. That interest can come from new product announcements, analyst or news coverage, IPOs, and more.
In the video below, I’ll show you several examples of such extreme, parabolic moves in low float stocks, and explain why such moves aren’t sustainable. I’ll also help you pinpoint the best time to get in on these moves for profits so you’re not left holding the bag when the stock falls back to Earth.