This article features some stock analysis on the Ticker $DRUG known as Bright Minds Bioscience. This stock ran during the day and post-market on Tuesday, October 15th.
$DRUG: The Stock that Ran 2000% in a Single Day!
I’ve seen a stock go for 1,000% before it quickly faded. However, never in my life did I think stocks went up as high and as quickly as they did today with $DRUG or Bright Minds Biosciences. It went from $2.75 to $59.47 in one day!
That’s a gain of almost 2000% at one point. If you put in $100 when it was at $3 and sold when it was at almost $60, you would have 20x your initial investment! That’d be a sweet $2,000 gain (if my math is right)!
$DRUG could have 20x’d?
Heck yeah! If you don’t know how to trade these setups: here is how. First, you want to go to Scanz.com for Stock Gainer Scanning. From there, you want to sign up for Robinhood. While you are at it grab Wolf Trades Discord and TradingView for Charting.
Thanks for supporting the cause and buying all that stuff! Sad news: you don’t need it as much as you need your mental fortitude! Because that’s the most important lesson Stock Trading can teach a person: bravery!
Not to mention frugality!
I don’t know about the last part but I’m going to continue talking about the 2000% stock gainer today and how it was probably one of the top-gaining stocks of 2024.
So once you have the tech stack or equipment you need. Aka a Scanner; Charting Software and a Broker you have to wait for the right time of the day. For me, this is the time of day I personally trade best: in the morning for the market open.
Stocks are awesome!
Every stock is different! Some Stock Traders trade during pre-market or post-market. Some swing overnight. I like to trade when the market is most volatile: during the open.
Trading is fun!
Remember the more money you save the more money you’ll have to trade so that’s why save money and read The Psychology of Money to learn Frugality! Also here is Rich Dad, Poor Dad!
As for $DRUG, it’s probably going to tank in pre-market tomorrow and then die like most first green days. I don’t think I will be trading $DRUG tomorrow as I am a long-biased trader mostly. I heard shorting was sketchy because you have to use margin and you can lose more than your initial investment.
Anyways! Thanks for reading. For more content please visit my blog. Until next time stay safe out there traders and remember goal one is to not lose money according to Papa Buffet! Peace!