OK, so noobie me used WealthSimple to gamble a few dollars to learn about how the stock market works.
So I bought 36 shares @ .28 cents apiece of some shitty little gold mining company called Argonaut.
Their value shot up to 39 cents yesterday because of news it's being eaten by a slightly bigger fish called Alamos.
Can someone ELI5 what this means?
News release, with stock stuff in it:
I get the sense that I'm about to be winning, but I'm not sure what to do.
Yes, I consider it little better than gambling.
I spread about $50 bucks around, including some doge and shiba coin. Also eth, but it seems to suck.
Also, this is one of the things I kind of have to mess around with to learn.
If you want to just mess around with stock strategy purchases with little risk, I would suggest looking into paper trading. Something like ThinkOrSwim or Investopedia will give you money to 'trade' with and track your portfolio performance for 0 risk.