Sure, there is a lot of excitement on that board. But, sometimes, in the excitement of the moment, people can lose their objectivity and don't see things rationally. ICNB is one stock where everyone who has bought in, are rooting for it to do well, but in this exuberance, I have seen some people in other stocks, gradually lose their sense of objectivity. I am not one who jumps when everybody says jump. Doing so is called "Collective ignorance." People who lose their rationality in this way, aren't easily lead, as some might theorize, but they become programmed over time to accept the majority view. And, in pennyland, this can lead to disappointment and pain when things don't work out, as anticipated. I always keep in the back of my mind that with penny stocks, anything can happen. Don't get me wrong, I believe, ICNB has a bright future if the owners play their cards right. I always have a little doubt in my mind about the intentions of penny stock CEO's and owners. You know what they say: "When something looks too good with no perceivable imperfections, then it may just be too true to believe." Not planting any seeds of doubt, but in penny stocks, always expect the unexpected and this could be a big increase in PPS and buying tomorrow, when the STOP sign comes down, as 99 percent of the ppl on the other board are predicting. So what happens if the STOP sign does not come down tomorrow? For me, if it does, I will not be surprised, if it continues, the folks who predict it will be removed, will come up with another reason. You could bet on that. If momentum increases tomorrow, I will be jubilant -- of course who wouldn't, but if it continues to churn and consolidate, I will not be one bit surprised, as well. On the other board, I have seen ppl make wild predictions about ICNB, and I am even guilty of that as well, but nothing happened. ICNB will go up when the market forces are right. If you read the financial report with an open mind, you will see where I am coming from. Personally, I believe the future of ICNB lies with Christie Brinkley. And I also believe, she would not have gotten involved with this company on such a large scale if she was not totally convinced it would do incredibly well in the future. Just my thoughts for the day. Any reactions?
Category: MarketsTotal Views: 145 By : EditorUpdated: 06-02-2024
Introduction to Key Market Insights
Investors and traders are preparing for a possibly wild trading day on June 3, 2024, which could be led by a series of economic data releases, followed by corporate earnings and some broader market trends. In this ultimate guide, we will explore the stocks to watch, economic flags, and other key market drivers ahead of this date.
Key Stocks to Watch
1. Medtronic, Inc (MDT)
Current Stock Price: $81.37
Medtronic might be one of the best picks in a... Continue Reading
Category: CryptoTotal Views: 153 By : EditorUpdated: 06-02-2024
Introduction to Meme Coins
The cryptocurrencies world is always full of surprises, and meme coins are here to stay that fascinate the investor and enthusiast in everyone. But behind the hype and speculative frenzy, a few meme coins are demonstrating genuine use-case and longevity. In this post, we will get an insight into a few of these projects: Shiba Shootout and Dogeverse which have their own exceptional utilities, staking rewards and community engagements.
The Origins of Meme Coins
... Continue Reading
Category: InvestingTotal Views: 161 By : EditorUpdated: 06-02-2024
Introduction: Investing in Emerging Technologies
As we advance further into 2024, one can realize that fresh trends are not only revolutionizing daily usage but investment portfolios as well. Here are some of the most promising technologies that might be of interest and might be worth the investment this year. From AI to quantum computing, these are great opportunities for development and future advancement.
Artificial Intelligence: The Vanguard of Innovation
Artificial Intelligence is ... Continue Reading
Category: InvestingTotal Views: 152 By : EditorUpdated: 06-02-2024
Introduction to Investing in Fintech Startups
Investing in fintech startups is full of opportunities and threats at the same time. Yes, the fintech industry is growing at a rapid pace due to factors such as innovation and technology improvement and people's need for better financial services through technology. Thus, as an investor it is important to comprehend the latest ecosystem, pinpoint the start-ups and predict the possible threats in order to make efficient decision making. I will ... Continue Reading
Introduction: Best Side Hustles
In the fast-paced world of today, the trend of a side hustle has become more relevant as a way to increase your income, explore new interests and reach your financial goals. The good news is, there are so many choices out there that your way to a side hustle that complements your skills and social life this year seems easier than ever. Freelancing, online business, part-time job — there is something for everyone.
Freelancing
The opposite of a 9 to 5... Continue Reading
Category: InvestingTotal Views: 191 By : EditorUpdated: 06-01-2024
Introduction to Alternative Investments
Speculating, or investing has been an interesting subject for a long time and many people get pleasure not only out of making money but also out of compounding or magnifying the wealth of money that they have worked so hard for. Equities and fixed-income products have been the conventional instruments of investment, however, the world of diversified investment instruments is vast and may potentially offer investment yields you never knew existed. But to... Continue Reading
Category: MarketsTotal Views: 186 By : EditorUpdated: 06-01-2024
Introduction: Revolutionizing Stock Predictions
The Stock Market has always been like a Pokemon full of surprises for investors, it has an ever-changing environment with a mix of different elements all attracting investors globally with its potential to financially gain. Historically, such predictions are based on historical performance, financial reports and expert analysis. But, This is where this all changed with the introduction of Artificial intelligence (AI) in the field that has taken ... Continue Reading
Category: StocksTotal Views: 228 By : EditorUpdated: 06-01-2024
Introduction to Green Stocks
In a world with an ever-growing focus on global sustainability, it is no surprise that green energy stocks are becoming more and more appetizing to the investor who is looking to invest in the environmental solution to produce a financial return. Here are the best green energy stocks to watch for 2024 — each chosen based on its methodology to green energy, commercial potential, and recent execution.
1. Brookfield Renewable Partners LP (BEP)
Current Pri... Continue Reading
Category: StocksTotal Views: 374 By : EditorUpdated: 06-01-2024
June 2024 - Top 10 Stocks to Watch
Although we are still more than two years away from June 2024, investors are closely watching the market for potential opportunities offering impressive returns or a substantial market resiliency. Selected for their market position, recent performance & growth.
1. Tradeweb Markets Inc (TW)
With a $24.15 billion market cap, Tradeweb Markets Inc (TW) is a stock to watch this month. Currently priced at $109.01, Tradeweb Markets Inc is a noteworthy sto... Continue Reading
Category: StocksTotal Views: 286 By : EditorUpdated: 06-01-2024
Company Overview
About Nikola Corporation Nikola Corporation trades on the Nasdaq under the ticker symbol NKLA and is a pioneer in industrial and automotive technologies. The trucks include hydrogen fuel cell and battery electric with the goal of changing the commercial transportation segment, and are all zero-emission vehicles. Nikola is a Nebraska-based company that protects the new era with an emphasis on sustainability and innovation in the trucking industry through environmentally friend... Continue Reading