/biz/ - Business & Finance

Lets say you have 50,000 to spend on stock.
If you knew a stock were to rise soon i.e oil
Lets say you buy in at 1.49 a share
33,557 shares
The next day the stock rises to 2.00
33,557 x 2 = 67,114
Forgetting tax and all that youve just made 17,000 in one day.
is it really that simple or am i just crazy?
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