• someguy3@lemmy.world
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    5 days ago

    New low is going to become a common phrase for space x. Boldly going where no stock has gone before.

    • Lost_My_Mind@lemmy.world
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      5 days ago

      I assure you, many stocks have gone much much lower. It’s called “penny stocks”. They’re exactly what they sound like. They’re mostly used as pump and dump schemes. Company is worth $0.01 per stock? Buy $10,000 dollars worth. Then, when it eventually becomes worth $0.02, you sell, and make an easy $10,000. Repeat every few days.