Without a doubt the best places to speculate in the stock market are in biotech and mining companies. These companies are a nightmare to analyze from a fundamental or technical view. Neither really have earnings or revenue to make a good value decision about them. And both have really low share prices (under $2 and much lower) and just a few thousand shares of daily volume so technical analysis does not work very well either.
The best thing about biotech and mining stocks is that they respond really well to news, good and bad. Which means you can make a lot of money which the price skyrockets or plummet in a short time. This is the whole point of speculation. You buy or sell something because it is temporarily mispriced and then let the news move the stock price to the proper level.
But if you cannot analyze a stock with no earnings, no assets, low volume, and low share price how do you know it is a good buy? After some intense study I discovered that all stocks which have huge gains of 5x, 10x, and more all follow the same pattern. The price chart and the news about the company follow the same patterns every time. Nothing in speculation is 100% reliable but these patterns come very close and I will go over them more in the next post.
The best thing about biotech and mining stocks is that they respond really well to news, good and bad. Which means you can make a lot of money which the price skyrockets or plummet in a short time. This is the whole point of speculation. You buy or sell something because it is temporarily mispriced and then let the news move the stock price to the proper level.
But if you cannot analyze a stock with no earnings, no assets, low volume, and low share price how do you know it is a good buy? After some intense study I discovered that all stocks which have huge gains of 5x, 10x, and more all follow the same pattern. The price chart and the news about the company follow the same patterns every time. Nothing in speculation is 100% reliable but these patterns come very close and I will go over them more in the next post.