Yes newbies have made profit from where it was weeks ago from 10c
But oldies who bought at 1c are sitting on a much bigger stash e.g. To own 1 M shares @ 10c would have cost a newbie $100k Assume todays price @.30c . That’s $200k Profit ignoring brokerage.
for an oldie who bought in at 1c, for $100k you could buy 10M shares with a value assuming todays price @.30c of $3M or $2.90M profit igniting brokerage and assuming you sold the lot.
I hope you see the difference in buying early and holding for 3 years
IVZ Price at posting:
29.5¢ Sentiment: Buy Disclosure: Held
