Just in case you are wondering if all investors are also speculators
Recently, these stock/company names have come up rather frequently due to either massive speculation about its future or a coordinated price manipulation effort. The reason why it has attracted so much attention is that it has made many people really rich very quickly. However, the back story is again much more complicated than that. As an investor, you can call me frustrated or maybe even jealous if I did not benefit from those massive price rallies. However, I think gains that come from such means are nothing more than winning a lottery. In this week’s post, I will share some personal views on these rare occurrences and why I choose to ignore these “opportunities” as much as possible.
Speculation is for gamblers not investors
It sounds very much like sour graphing cause I would gladly receive the gains from any of those insane rallies in the past week....