The 80/20 rule seems applicable to the stock market as well.
It is a well known fact that most retails traders/investors lose money in the stock market. The numbers vary from 80% to 95%, but the fact remains.
Blindly following some "stories", could be dangerous.
It's important to note, investing in a "mature" company with excessive debt could be a disaster; for speculative stocks, be wary of capital raising risk and going concern issue.
1PG, fundamentals have not changed much yet, still have plenty of cash, $48m, dropped over 70% over last few months.
There would be a good chance to bounce or recover to come shortly, imo.
GLTA.
https://steadyoptions.com/articles/...tail-investors-lose-money-in-the-stock-ma-r99
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