/biz/ - Business & Finance

Hello /smg/,

So I’m tired of waiting for my 2 stock portfolio to move, therefore I may want to change strategy so I’d like to hear opinions.

I have 90 shares of LI ($3000) and 3500 of SNDL ($2000) and theoretically I’m out of investiment money, however I exceptionally added $2000 on my account.

My idea is to “gamble” on some meme stock for a quick gain, I’d be ok with +20%, and keep the gains locked ($400 would cover the losses of my two big stocks) then repeat again or use half of the sum to average down possibly on SNDL if it reaches the 50s but I wouldn’t touch LI.

My possible meme stock is CTRM, looks promising even over a long hold period.

In fact I need your opinion on EV stocks: they will surge, no doubt, however in this very moment I’m stuck so rather than selling the weed meme stock I’d prefer to get rid of LI once it’s close to $40 and eventually get back in once I cashed in some $XXXX more. That’s the plan.

Do you think that in the next day 1-2 months the chink EV will have big price changes? I can’t afford to buy back at 2x the price or I’d be at the starting point at this rate.

Opinions/suggestions? Thanks