by Recyclersteve » Sat Jun 22, 2019 4:17 pm
This is one of those somewhat awkward topics. If I was looking through a bunch of coins for an undiscovered rarity, in a way I'd rather find just one than I would find say 50-100. Think about it this way- if a single person found that many of an as yet undiscovered rarity, people would think:
1) Once a lot of people start looking for them they will be coming out of the woodwork. So they can't be very valuable.
2) He must be a very talented counterfeiter.
Neither of those would bode well for me.
But if I found a single one, it could be worth several thousand dollars. Still, taking a lot of time for a very low probability event is not worth it to many people. Odds are very, very high that it would not be time well spent.
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).
NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.