Avoid Bite-Back from Meme-Stock-Mania with This New Move

Avoid Bite-Back from Meme-Stock-Mania with This New Move

In this week’s installment of meme-stock-mania, I want to draw your attention to Support.com Inc. (Nasdaq: SPRT). Shares of the cloud-based customer support company jumped more than 182.58% in Friday’s pre-market session. By the time the market opened, sentiment cooled (a little), and the stock ended up opening Friday’s session up 96.14% on the day. For the week, shares of SPRT gained nearly 420%.

What drove those gains? Nothing more than internet chatter and an orchestrated short-squeeze.

Friday’s move was great if you were one of the traders who got into the stock prior to last week’s trading. But if you missed that move, you probably want to steer clear of the stock, completely, because there’s no easy way to trade the stock without leaving yourself open to outsized risk.


Why Jay Powell’s Speech Mattered

Why Jay Powell’s Speech Mattered

Fed chair Jay Powell took the stage yesterday, and Wall Street listened. But… why?


Six Stock-Picking Secrets From a Hedge Fund CEO

Six Stock-Picking Secrets From a Hedge Fund CEO

This is how Alpesh Patel picks stocks for his own portfolio and those of his high net worth clients.


Bad News About the News

Bad News About the News

The news is in trouble, which has huge financial, economic and social implications.


Capitalism Is the Ultimate Hero

Capitalism Is the Ultimate Hero

The history of rum shows the robust power and timeless tenacity of the free markets.


These Banks Stocks Are Treating Investors Very Well

These Banks Stocks Are Treating Investors Very Well

Bank stocks are using the free-money bonanza to buy back shares and reward their investors. Here’s how to play this trend.


The Trap Is Set for Economic Collapse

The Trap Is Set for Economic Collapse

Killing the currency is not a new concept. It’s been making folks poorer for centuries.


Proof That Inflation Is Here

Proof That Inflation Is Here

The government’s inflation figures are a joke. Here’s what you really need to look at to know how inflation is hurting us.


This “Ultimate Cheap Stock” Trades at $9.80, Dangles a 6X Gain – And Will Pay You to Own It

This “Ultimate Cheap Stock” Trades at $9.80, Dangles a 6X Gain – And Will Pay You to Own It

Here’s a bit of “investing trivia” that will grab your attention: If you look at the 50 biggest winners of the last decade, 39 of them started out as small- to mid-cap stock plays.

And quite a few of them were also low-priced (as in cheap) stocks – stocks trading at $10 a share, $5 a share … or even less.

One of my all-time favorite examples of a cheap-stock winner is a company called LendingTree Inc. (NasdaqGS:TREE) – the fintech leader that’s pretty much a household name these days. We’re talking about a company that recently sported a $3 billion market value and a stock price up around $220 a share.

Impressive stuff, right?

But there was also a time when LendingTree had a minuscule market value of $60 million – and a stock that was languishing down around $5.50 a share.

From that point to today, we’re talking about a total return of about 3,800%.

That’s a gain anyone – and I mean anyone – would be thrilled to pull down.

String a few of those 20X and 30X windfalls together … and that’s how you get rich.

The issue, of course, is that this cheap-stock-climb-to-the-peak-of-Mt.-Everest takes time to play out. And stocks, like mountain climbers, periodically stop to “rest” – meaning you’re not making any progress.

What if there was a way to get “paid” for owning that low-priced stock – so that you’re getting a steady, predictable stream of cash at every point along the journey?

That scenario not only sounds great – it’s actually doable.

Indeed, that’s the “ultimate cheap stock” – one with a super-low price, a hefty long-term upside … and an income stream attached.

That’s exactly what we have for you here today: A stock with 10-bagger potential – courtesy of the sizzling housing market – and one that will pay you to own it.

And it trades for less than 10 bucks a share


How to Profit From Bezos’ Rocket Ride

How to Profit From Bezos’ Rocket Ride

The space race is heating up… If you’re interested in gaining some exposure to this new frontier of investing, this ETF is worth a look.


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