That's a really bad idea, blindly going into stocks without knowing nothing about them. Look at this company traded in the US, for example.
PE ratio of nearly 1100x
ROA -29.07%
ROE -1,078.46%
Operating Margin -92.34%
Profit Margin -93.70%
3 month financials:
2019:
57,390,000 revenue
17,834,000 cost of revenue
28,532,000 total loss
2020:
70,931,000 revenue
47,330,000 cost of revenue
160,444,000 total loss
20+ billion market cap. 1.2 billion cash on hand from recent CR. Raising even more, with a large holder wanting to dump a very large amount (half the CR). Defendant in 4 court cases, one launched against them by the state of Texas.
would you invest in that? I know a TA guy who did. Yesterday. I sent him this info and he sold right away lol. Can't fathom why anyone would want to buy into a company bleeding 13%+ of their capital every 3 months, with hugely increasing losses year on year.
Look beyond the chart. I was up 300%+ on DRE and almost doubled my holdings recently. If you only do charting you'll never know when the right time to exit is and would probably be more than happy with 100%, missing on 100s% more down the road.
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Last
2.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $77.28M |
Open | High | Low | Value | Volume |
2.2¢ | 2.3¢ | 2.2¢ | $113.1K | 5.141M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1389997 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 529996 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1389997 | 0.022 |
15 | 2097618 | 0.021 |
14 | 11140993 | 0.020 |
8 | 6073629 | 0.019 |
6 | 5363800 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 529996 | 2 |
0.024 | 1066722 | 8 |
0.025 | 460746 | 3 |
0.026 | 2000238 | 5 |
0.027 | 782467 | 4 |
Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
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