0.01% of my portfolio implode! Noooooo! How will I sleep at night! This is a testament to the fact that really anything can happen. A balance sheet doesn't tell you where a company is going. Then the company tells you where it is going, you get a day like this and have to decide if they are just yanking your chain or not..... In conclusion, telling the future is tough as nails. things like $LULU happeb all the time, and the only way around it is broad diversity. Holding single stocks isnt just volitile, it is more often then not a losing bet. The saddest part is that you wont even know why till after the fact. Lulu Lemon doesnt have to recover from here. if it does that will be nice. If it doesn't, that will simply be average.
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21 Comments
Stargayte @stargayte · 1d
Never been a fan of holding fashion stocks, too uncertain for me.
Hostile Door@hostiledoor · 1d
Lulu.AI and the stock goes up by 500%
Clantosa @clantosa · 1d
By the time you commented on the bot and I opened the message it had already been taken down by blossom These bot accounts are all the same. They promote crypto or their own private groups. They claim to be trade professionals and try to get you to sign up to their service. As soon as you enter in any credentials they steal your information and try getting into your bank account
Clantosa @clantosa · 1d
This exact reason is why I opt for index funds. If a stock implodes the fund handles the mess
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