fuv movements these past days.
We all made money but guy buying at $2 a share and it popped that hard? To the moon. So for every $2 that rises, he makes $20,000. Who makes 20k a day? It rises $4.90 today. Opening up a factory to mass produce in March. Yeah, just like Tesla, it is riding on the hype or expected value and not the quarterly earnings.
The market, she moves on the daily like our blood pressure, constantly moving all the time. It is a game that is not intended for the weaker of hands. We see a drop and we sell and run. Well my boy had a few times consulted in me if he would sell his FUV position for some profit. I said I dunno cuz it is his money and his decision so he was lazy to do anything and let it ride. At 15, I consulted him, at 19 I consulted him, at 25 I consulted him and here we are, in the 30s.
Well it is best if he does not know cuz he doesn't track the market on a daily basis. He's the kind of guy who just buys and forget about it till years later. I don't think that is how you play the market.
As he was up 50g in 1 day yesterday and we both rejoiced, today, it dropped just as much and we are only 30 minutes after the opening bell.
Now to some, if you play with 50g and you are filthy rich, that is nothing. To him, he's a min wages worker so this could be his ticket out of poverty. OH fawk, I just described the min wages part time worker in hmongrock. Sorry, no pun intended. Just wanted you to hear it first.
Nothing wrong with making pennies. It is all about your valuation to how much you are worth. Like if you see a homeless guy living in his car and you think he's poor? Well did you know that the land he's parking on is his own land that he owns and it is worth much much more? Stories like that is how we gain our wisdom. Deep and meaningful.
