Penny Stock Thread

381,674 Views | 3015 Replies | Last: 2 yr ago by LatinAggie1997
TexAgs91
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NSAV Announces Unveiling of European Cryptocurrency Trading Broker Equity Acquisition and Agreement

@.008

No, I don't care what CNN or Miss NOW said this time
Ad Lunam
TChaney
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Just going to throw this out there. If it's already been talked about please tell me to STFU.

I have been digging through a lot of gainers over the last week or so, this time looking at sub $.025

Since mid to late January (20th seems to be a popular day) a ton of penny stocks have seen an uptick in daily volume, many that have not traded in years. Literally out of business with no operations. Some are getting true pump and dump action.

Just a reminder to do a little research before jumping in on volume.

FYI I am in 3 penny stocks and I assume they will be worth zero in the long run.

All 3 seem to be poorly run in one aspect or another.
CCTL
Cryptocurrency company - has a decent amount of BTC
Has just recently started putting forth effort to get in compliance with OTC trading

LLLI
Canadian company that makes pepper powder shot shells, police shields etc.
Have promoted products that never made it to market

NSPDF
Canadian plant based meat company
The future of fake meat is very uncertain but seems to have some traction.
The only upside I saw here was they started distributing through Sysco CA so might
get more restaurant and grocery coverage.


Tibbers
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Did some dd, guy who runs that company is a scam artist. Invest at your own risk.
LatinAggie1997
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Thanks. Couldn't find anything myself outside mundane information.
Kampfers
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Tibbers said:

Did some dd, guy who runs that company is a scam artist. Invest at your own risk.
Good looking out. Dude seems to run from one calamity to the next.

President James Tilton:
Hemp beer scam
long list of cons

New CEO Jake P Noch doesn't seem much better
Reddit thread alleging him to a professional scammer in the music industry
He's also like 21 and sued Spotify and a bunch of other companies with fradulent charges

Looks like double trouble in scamtown
TexAgs91
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Tibbers said:

Did some dd, guy who runs that company is a scam artist. Invest at your own risk.
Thanks for the heads up.
No, I don't care what CNN or Miss NOW said this time
Ad Lunam
BoDog
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Be patient on BMIX. That will be a $1 stock by summer 2022.
Tibbers
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I like that thinking but I'm not sure I see it that quickly.
Aston04
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Haven't anticipated an open this much in a while. Plays everywhere tomorrow... Bit coin, oil/gas, Canadian gambling, bio, etc.. Should be good..

Good luck all.
Tibbers
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Canadian gambling? Go on...
Kampfers
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Tibbers said:

Canadian gambling? Go on...
TSCRF is the play

Canada is set to vote on single game gambling legalization tomorrow, everything I've read indicates it is expected to pass.
BigBrother
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Possible HCMC news:


LatinAggie1997
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LatinAggie1997
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Oh boy! Hope that is true and just a modicum of good movement.
SquareOne07
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How do you guys usually determine the best exit strategy on your penny stocks?
sts7049
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i mean, i don't think you look at these with any sort of "fundamentals" or strong strategies. you just need to decide how much you want to gamble.

you would be wise to not get too greedy, so the sooner you can get net free the better (plus some extra as profits). from there, the rest is just gravy and free money.

at a certain point even when net free though there is a time to just exit with your winnings. i don't have numbers in mind, i just go by feel or if i think it's running out of steam. on a couple of these i just keep 1k shares behind into perpetuity just in case it explodes later on down the line, i've already taken the profit i'm happy with.
Brock Sampson
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That guy has a ton of HCMC info. Makes me want to buy more
78669AG
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LatinAggie1997 said:

Oh boy! Hope that is true and just a modicum of good movement.


So I take that as good news?
Aggie1944s Kid
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How much are you in for?
Brock Sampson
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200k shares nothing too crazy
ChoppinDs40
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290k right here - LETS DO IT
Brock Sampson
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Interesting theories here on what could possibly happen with HCMC. The stock buyback would be niceeeeee

slacker00
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Found another penny I like this weekend. ETFM

After you look it up and finish laughing, take a look a little deeper look. Generically, I'd describe it as a holding company and the CEO, besides being a filing machine, is hitting every hype area in the market. I'm not sure where it ends up, but it is gathering momentum and I'm in at least for a short term play. Wishing I saw it last week.
Aggie1944s Kid
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RikkiTikkaTagem
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Brock Sampson said:

Interesting theories here on what could possibly happen with HCMC. The stock buyback would be niceeeeee




I've got 500,000 shares in this joint and am net free but my worry is that the price of the law suit win is getting baked into current stock valuation.

I think there'll be an initial bump after the win/settlement and then a bunch of selling going on causing it drop again where it might end up at who knows where
Tibbers
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I think much like other weed stocks, we are all anxiously awaiting legalization and once that occurs, companies like hcmc, catv, usmj, etc will receive a huge shot in the arm. Might be wise to sell at .1-.5 for most and go net free on the future.
LatinAggie1997
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AgStuckinLBK said:

Brock Sampson said:

Interesting theories here on what could possibly happen with HCMC. The stock buyback would be niceeeeee




I've got 500,000 shares in this joint and am net free but my worry is that the price of the law suit win is getting baked into current stock valuation.

I think there'll be an initial bump after the win/settlement and then a bunch of selling going on causing it drop again where it might end up at who knows where


I am of a similar mindset. However, if it is baked in wouldn't the result attract new interests from investors and expansion for the co, perhaps lifting it up enough for enough time to uplist??
FbgTxAg
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Just help us get the damn thing to a dollar.

Hookers and blow will rain from the sky like the swallows of Capistrano.
The greatest argument ever made against democracy is a 5 minute conversation with the average voter.
Brock Sampson
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Or maybe even the $6 1-Year Estimate on Yahoo Finance
FbgTxAg
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Brock Sampson said:

Or maybe even the $6 1-Year Estimate on Yahoo Finance


Bruh....
The greatest argument ever made against democracy is a 5 minute conversation with the average voter.
HalifaxAg
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Brock Sampson said:

Or maybe even the $6 1-Year Estimate on Yahoo Finance
if I sold my shares for $6/ea....I'd poopslap. That's lifechanging money for me.
FbgTxAg
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HalifaxAg said:

Brock Sampson said:

Or maybe even the $6 1-Year Estimate on Yahoo Finance
if I sold my shares for $6/ea....I'd poopslap. That's lifechanging money for me.


I have 1MM of em - if it goes to $6 we all goin' to Sizzlers.
jeremy
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Did you get in before it doubled?



edit: Meant that for slacker00 in response to his ETFM move
OasisMan
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I'm in

2,000,000 HCMC at 0.0043
Ags2013
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454,000 HCMC at $.0044
 
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