So 50 Cent has been tweeting up a storm this past week about TVG's stock (HNHI symbol) example:
TVG's stock went from 5cent to 10 in one day. You can double your money right now. Just get what you can afford.
My question, do I follow this advice? The logical side of me says no, he's a rapper and a walking brandname, he's simply endorsing the stock because they'll be pushing a new product of his soon. Do I really need to be taking advice from someone who's biggest contribution to society was the chorus to Ayo Technology?
The illogical side says "hey, he has way more money than you'll ever have, he has to know something right?" Sad thing is I think the illogical side is winning. I mean the guy was a founding partner in Vitamin Water. It's frigen colored sugar water and the shit blew up. I'm literally drinking one right now. If the guy was savvy enough to get in early on that who am I to question his lead now? Sure it's a penny stock that could be delisted any day and no one would really notice, but so what. Guy is an investment mogul.
Screw it, yes. Someone get me Chuck Schwab on the phone, I have an order to place.