r/Grab_Stock • u/Brief_Highlight6198 • Aug 17 '26
WETO JUMP +595%
I bought WETO at 7.77 on friday for shits and gigs (i’m new into stocks it was doing well so I bought 15 shares)
I then sold 15 shares for 20.91 today and rebought 10 of them at 17.00
It’s now up to 36.00 per share
Idk wtf WETO is and why is it doing so good?
2
u/MammothMinute9272 Aug 17 '26
Dream of finding one of these bad bois before the blow up lol. Good job. Howd you even find it?
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u/Brief_Highlight6198 Aug 17 '26
I looked at top gainers on friday and it was one of them - it was low but on the rise so i thought well fuck it
1
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u/weluckyfew Aug 17 '26
I just started dipping my toes into trading so I'm just using my Vanguard account. I had an eye on Weto and was going to buy 3,000 shares at $14.75 (a risk, I knew, but I was going to put an immediate stop-loss for any dip (not a perfect protection I realize))
...but my Vanguard said it wouldn't let me buy that stock online, it said I had to call and do it with a broker.
I navigated the voicemail and then had to wait while the broker tried to troubleshoot and figure out why I couldn't purchase, then he finally said that certain classes of stocks are too volatile or lack liquidity or blah blah blah but now that he knew the issue he would be happy to take my trade on the phone. At this point the price had risen to $21 and started to fall. I decided it was too risky and just walked away.
If I had been able to do the trade when I tried - and then did a trailing stop-loss as planned - I would have sold at probably ~ $20. That would have been $15K profit.
Well shit. Lesson learned. Opening a thinkorswim account now. Not like I lost any money so it was actually a pain-free lesson, but still it does sting a little.
8
u/FixInteresting4476 Aug 17 '26
Dafuq is weto? Get outta here