Out with the Old; In with the New
I needed a trade to trigger Moomoo’s lavish sign up bonus so I bought Seneca Foods (SENEA) for $36.93 with the view that it is worth at least $50 per share and possibly quite a bit more; yesterday I sold it all for $51.81. So far I funded this new brokerage with $5k in late July. In less than one and a half months, it netted $3k between this one small investment and its convoluted sign up bonus cash and shares. If you want to scoop up a bunch of free cash and shares in a few months, then you can sign up with this link.
What’s next for me? Dumping all sixteen of my free sign up bonus shares as soon as they vest. To get the first fifteen, I need to maintain $100 in average assets for sixty days. For the sixteenth, I need to keep $5k for that period. More importantly, I’m researching a leveraged equity that will replace SENEA. In terms of upside, it is far better than Seneca Foods was. It is not quite ready to disclose, but when it is, I’ll offer the idea first on StW.
Conclusion
I like cheap stocks but love free stocks.
TL; DR
Sign up for this (cheesy) brokerage, deposit $5k, make a trade, and get a bunch of cash and shares.
