Real estate has always been a good choice too.
Totally different than this but a wise investment historically. (Unless you bought in 2006 or 1986.
The thing with this stock is it’s been shorted.
Shorting a stock means opening a position by borrowing shares that you don't own and then selling them to another investor. ... In order to sell short, an investor has to borrow the stock or security through their brokerage company from someone who owns it. The investor then sells the stock, retaining the cash proceeds
When this goes badly (stock is bought and rises in value) the shorts lose! So they then have to BUY to COVER losses. This causes the price of the stock to RISE. Because this particular stock is so highly shorted and there’s not a lot of outstanding shares it is a perfect candidate. For this to happen. Better than AMC and better than game stop !
Alot of people got VERY rich off those two stocks.
It’s a $5 stock buy some and hold it for a while, have little to lose and a lot to gain .
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