Last updated: February 3, 2025 at 04:26 PM
Summary of Reddit Comments on "nxu"
General Advice for Investors
- Always do your own research before investing, especially if you rely on Reddit advice.
- Be cautious of hype on Reddit forums, as it may lead to losses.
- Beginners should start with lower-priced shares to minimize risk.
- Don't invest money you cannot afford to lose.
- Consider setting stop-loss orders to manage risk.
Specific Comments on NXU
- Some users warn about potential pump and dump situations with NXU.
- NXU experienced a significant price increase and subsequently a merger with Verde Bioresins, prompting discussions on potential gains.
- There are mixed experiences with NXU, with some users making profits and others facing losses due to reverse stock splits and disappearing shares.
- There are mentions of a potential lawsuit against NXU due to devalued shares and shady business practices.
- NXU was part of a SPAC process with limited availability on certain platforms.
- Users express interest and skepticism about NXU as a SPAC investment, comparing it to past successful SPACs like NOVS/APPH.
Other Stock Mentions
- Mention of other stocks like MCVT, Snes, SENS, MBOT with varying degrees of potential and risk.
- Some users provide insights on investment strategies, such as focusing on low float tickers.
Alternate Investment Suggestions
- Humorous and risky alternative investment suggestions were shared, including drug flipping, time travel for Bitcoin, and engaging in illegal activities.
Overall Sentiment
- Mixed opinions on Reddit investment advice, with experiences ranging from profitable trades to substantial losses.
- Caution advised for new investors and the importance of conducting thorough research before making investment decisions.