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22-03-2022, 10:53 AM
You can find many videos on YouTube of people touting stocks. I have listed and tracked some of the most popular ones. They are down 70-90% from the peak.
Why they were so popular is because it is easy to spin promising around the stocks. Many of which are pre earnjngs loss making companies. They can talk until the stock is next Amazon or Apple. Yes every baby that is born also have potential to be the president of a country...but odds is low.
There are one or 2 with real products like Fastly and snowflake but the price of the stock is so astronomically high it has to double revenues for years to justify the stock price.
Many of these YouTubers put all their own money jnto the stock and tell others to do the same.
![[Image: sdcIQxw.jpg]](https://i.imgur.com/sdcIQxw.jpg)
![[Image: 1by29ws.jpg]](https://i.imgur.com/1by29ws.jpg)
Why they were so popular is because it is easy to spin promising around the stocks. Many of which are pre earnjngs loss making companies. They can talk until the stock is next Amazon or Apple. Yes every baby that is born also have potential to be the president of a country...but odds is low.
There are one or 2 with real products like Fastly and snowflake but the price of the stock is so astronomically high it has to double revenues for years to justify the stock price.
Many of these YouTubers put all their own money jnto the stock and tell others to do the same.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
