/biz/ - Business & Finance

>>26260382
Loaded up with cheap CLF calls, he better mention infrastructure.

I thought getting my friend into the stock market would be good fun and something we could both talk about. In the past month I've seen him:
>Keeping more than 10+ positions open
>Chasing losses by doubling down "Trust me bro, it will go back up"
>Not letting his winners ride
>Investing almost exclusively in pennystocks
>Selling and buying in the same day, buying at first hint of green/fomo, selling at first hint of red

It's really sad to see, I've told him numerous times to stop but he wont listen, he's moved money from his boomer savings into this.

>https://www.marketbeat.com/instant-alerts/nyse-clf-consensus-analyst-rating-2021-01/
>Cleveland-Cliffs reported sales of $534.10 million in the same quarter last year, which indicates a positive year over year growth rate of 276.3%.
>Growth rate of 276.3%


If you don't get into CLF right now, you deserve to stay poor.