Introduction
As an investor, a beginner, I suffered so hard last 30 days on my USA Ameritrade portfolio. Meanwhile, my SJTU classmate in 1984 told me two weeks ago, she bought SHOP.TO. The 30 days return is 30%. I like to write a case stduy.
Case study
I have $60,000 dollars in my TFSA account, cash and no income last 30 days. If I can invest on SHOP.TO stock, then the return can be $18,000 Canada dollars. The coronavirus makes Canada stock market like a casino, every one is betting on the largest stock in Canada, the reopen has some issues which caused more big hikes recently.
Based on my research, there is less than 0.3% shares SHOP.TO involved last 10% hike up. And 23% shares are involved in last 30 days transactions. Most likely 77% shares are below the price on June 5, 1000 dollars/ share.
I have to think about how to time the market, and take some risk and get some reward on this stock as well.
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