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Throw the gambling mentality in the garbage. Throw the mainstream advice in there as well. You see, I know you can make a lot of money with under $10 "swing for the fences" stocks. In today's essay, I'll show you how.
A few trading sessions after the fall, Penny Stock Specialist grabbed the stock. Take-Two jumped like a coiled spring back over $10 in less than month.
Good, sometimes great, companies take big short-term hits to their share price dozens of times per year. These hits hammer out the risk.
If you like, you can go ahead and buy Apple stock right now. It's a great company with a bright future. But the exceptional gains in this stock are long gone. I have a much, much better idea for you...
In the long term, this "fix" should lead to big problems down the road. But a trader who deals in stocks under $10 has to view the world in the short term. And I think we're going to make a bundle.
It would be difficult for any analyst to say they are not concerned about future bubbles or inflation. I certainly am. But here's what I'm about to show you: Bubbles are not created overnight. It could take up to four years before another credit crisis or inflation hits the markets.
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