Dropped 30% within one day.
Why do some stocks drop so much in one day???
Many people come to the stock market with the mentality of wanting to make quick money.
So everyone thinks as long as they can make money by buying stocks, it's all good, regardless of what kind of stocks.
This will lead to many people ignoring what stocks actually are??
When you buy stocks, you hold a share of the company and become one of the shareholders.
#So you must focus on the company's fundamentals.
Does the company actually make money?
Has the company really grown? Has it been generous in paying high dividends to the shareholders?
The best scenario is to increase the dividends paid each year.
This is the essence of investing in stocks.
Many people tend to overlook this important essence, resulting in most people entering the stock market for speculation rather than for doing business, with the idea of being a boss to hold shares in a company.
Let's take this stock as an example.
This company has been losing money for many years, it is a losing business.
If you are looking at it from the perspective of being a boss, would you buy this type of company?
Definitely not, but many people simply do not look at the company's performance.
Seeing that the stock price has risen a lot and being speculated by the market, I rush to buy in.
#This will lead to many people wondering why they have been in the stock market for many years.
Still, they will lose 70%, 80%.
The problem lies in the fact that you are not basing it on the company's business.
This company has never paid out dividends.
If you want to create a stable cash flow in the stock market to achieve your financial freedom
So this type of company is not suitable...

Happy Friday, mooers! Welcome back to Weekly Buzz where we talk about the top ten buzzing stocks on moomoo this week! Comment below to answer the Weekly Topic question for a chance to win an award!
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