You don't invest in penny stocks. At most, you gamble with them. But when in doubt, I prefer a casino. I get a lot more out of it.
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It all depends on how you invest. Of course, many penny stocks are highly speculative and often just gambling - especially in the case of companies without a solid business model or sustainable prospects. But there are also exceptional cases such as Nel ASA, which currently falls under the penny stock definition, but is active in a promising market such as hydrogen and has genuine industrial partnerships (e.g. now with Samsung E&A).
Of course, the risk remains high, but there are also opportunities. Anyone investing here should be aware that in the long term it can either be a breakthrough or a total loss - so definitely not an investment for everyone. But just because a share is cheap does not automatically mean that it is worthless.
Of course, the risk remains high, but there are also opportunities. Anyone investing here should be aware that in the long term it can either be a breakthrough or a total loss - so definitely not an investment for everyone. But just because a share is cheap does not automatically mean that it is worthless.
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8Mon
@TonyMelony1998 I think what you're saying is important. If the share cost €27 instead of €0.27, the whole community would jump on it again and buy themselves silly with it. Just because it's a penny stock doesn't mean it's a bad company.
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•@der_Don Completely wrong. I wouldn't touch the share even at 27 euros. It's about the market capitalization. And there's a good reason for that.
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•8Mon
@AlexisMachine That's perfectly fine if it's not for you. But Samsung probably has a reason why they're putting $33 million into it. 🤷🏾♂️
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•@der_Don They are worth billions. They have a reason why they don't put in 330 million.
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8Mon
So I am and will remain invested there. And if it takes 10 years😝
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•@Bluenuuk If you think so. You have several hydrogen stocks in your portfolio. Compare their performance with your Siemens Energy shares. But why not? *g*
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•8Mon
@AlexisMachine You can't say that. You can see the market cap. They only want to take ownership of part of the company, apparently. Putting 33 million into such a company is equivalent to buying 10% of NVIDIA.
Because 33 million is just 10% of Nel in terms of market capitalization.
You don't always have to invest hundreds of millions if you are convinced by other companies.
33 million is still 33 million.
Because 33 million is just 10% of Nel in terms of market capitalization.
You don't always have to invest hundreds of millions if you are convinced by other companies.
33 million is still 33 million.
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@der_Don 10% from Nvidia would indeed be a "mega deal". To compare that with 10% from Nel is quite daring.
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•8Mon
@AlexisMachine You have to see this in correlation with each other. They bought 10% of the company with 33 million. You said why they don't invest 330 directly if they are convinced of it. But for what? They have now acquired a cheap 10% of a company with a future. What I'm saying at the end of the day is, even though Samsung is a billion dollar company, they don't always have to throw hundreds of millions at it if they are convinced of another company.
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