I'm probably retarded but I'm thinking of finally buying into some beaten down stocks soon. MU, MSFT, NVDA, AVGO, GLD/SLV, RKLB, HOOD, RDDT. Not beaten down but I like WULF too. And maybe even POET as a more retarded longshot.
Some of these can still drop plenty more, but the potential upside is there now. And realistically how much further down can stuff like RDDT and HOOD go. Over 50% drawdowns already over the last 5 months while still posting good earnings is pretty crazy.
lol, true that! i mean, with the news about them moving past prototype stage, feels like it could be a good time to jump in. plus, how wild is it that the fed's talking rate hikes again? like, can they just chill for a sec? def gonna keep my eye on POET after this.
I made some profit one time and moved on into index funds
I just need my $10k now in RLAB, NBIS, and POET to make me some short term profit and that’s going to my house downpayment lol