Penny Stock Thread

379,348 Views | 3015 Replies | Last: 2 yr ago by LatinAggie1997
johnnyblaze36
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In reply to Tibbers • 10:22a, 5/12/21
AG
Tibbers said:
South Platte said:
Tibbers said:
Stocks have ripped me apart this year. Man...this is tough to watch for a young investor. Thankfully I don't have a family so I'm only harming myself.
I'm by no means a financial advisor, but unless you are only referring to the money and stocks you are trading personally, I don't see how that's the case. I'm playing with a small portion of dollars (smaller by the day?!), but my retirement accounts continue to churn upward making my losses on penny plays irrelevant.

There's a handful of guys on the Stock Market thread that can successfully trade their retirement funds using these high risk/high reward strategies, but the rest of us should have those in stable mutual funds. For example, my standard Vanguard 457 plan is up almost 30% the past 6 months. I have no interest in trying to beat a 30% return.

Please tell me you aren't pissing away your retirement hoping RGBP goes on a hot streak.


I just like to win. No, no, I've got plenty in my retirement account. I was just on such a hot streak and felt invincible for a bit. Law of averages and all. Losing half my gains, though not realized is always a bitter pill to swallow. Then I remind myself that my plan with these pennies is to hold for a year plus anyway so just outwardly expressing my disappointment is all. All good!
When was this hot streak if you don't mind me asking? I entered this online casino on 2/24 when AABB shot to .65. Invested 5 grand in it at .49 and kept averaging down to where I'm $14,000 in to it and it's now worth .14 currently.

I don't have weak hands yet at the same time when everything I touch (some just pure gambles but most bought on extensive DD) all keep going close to -50% I start to think either I don't know how to pick them and/or it's time to cut my losses and go buy a sail boat which is quickly turning into a dinghy.
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sts7049
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10:43a, 5/12/21
AG
when you say DD, what does that really entail here for pennies? surfing twitter and discords for chatter? if that's all your doing (perhaps like most here including myself) then really we're just trying to catch lightning in a bottle and hope it isn't a scam.

above all you have to remember you're basically gambling here. do not put in what you aren't willing to lose. some of these perhaps have better futures than others, but there is more risk here than playing things like TSLA.
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barbacoa taco
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In reply to hunterntexas • 11:09a, 5/12/21
AG
hunterntexas said:
Is OZSC really just a nine cent stock or is it going to a dollar like it should?
it's a weird one that's for sure. I've jumped in and out a few times. When it gets real low i sometimes throw money at it and it goes up a few cents. But back in Feb/March it was between .30-.40
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hunterntexas
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In reply to barbacoa taco • 11:38a, 5/12/21
AG
I keep getting more around the .08-.10 mark, but managed to dump some at .24 after buying in at a dime.
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jonj101
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In reply to johnnyblaze36 • 5:14p, 5/12/21
AG
Does this guy have a twitter account where he's posting all this?
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johnnyblaze36
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In reply to sts7049 • 9:49p, 5/12/21
AG
sts7049 said:
when you say DD, what does that really entail here for pennies? surfing twitter and discords for chatter? if that's all your doing (perhaps like most here including myself) then really we're just trying to catch lightning in a bottle and hope it isn't a scam.

above all you have to remember you're basically gambling here. do not put in what you aren't willing to lose. some of these perhaps have better futures than others, but there is more risk here than playing things like TSLA.
For AABB which is my biggest investment it entailed reading through their 100+ press releases over the last couple of years. Then I made a bet against the current administration and inflation on a crypto backed buy their own physical gold mines and an exchange that hasn't even been released yet. So it's still very ground floor but I certainly didn't expect this kind of price action so it's been a bit deflating.

With RGBP, i looked at their recent deals with ONPH and their patents and that one just seemed like a no brainer.

But as previously stated, some have just been pure gambles that I've seen here, stocktwits, etc fully knowing I could win or lose. I just haven't seen anything break out since I started in late February and I can't quite figure out why that is. Maybe someone with more experience investing in these OTCs over the years or even just the last year can provide some input.

And unfortunately I'm notorious for picking great stocks on the major exchanges early on that have done extremely well but I didn't invest in. I'd probably be much better served just directing my cash into those.
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johnnyblaze36
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In reply to jonj101 • 9:53p, 5/12/21
AG
jonj101 said:
Does this guy have a twitter account where he's posting all this?
Saw it on this and he had the screenshots to back it up. He admitted to me that he got lucky by following this other girl below him for tips:

https://stocktwits.com/BEent

https://stocktwits.com/Stocksiren


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South Platte
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In reply to johnnyblaze36 • 9:14a, 5/13/21
Good gosh that's quite a return. I wonder how many times he put $8,000 down on a stock and it lost value before hitting on this one.
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barbacoa taco
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9:27a, 5/13/21
AG
I have 44k GGII, still holding. Didnt sell when it hit .167 on Tuesday. I could be buying into the hype but I think it'll go higher
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johnnyblaze36
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In reply to South Platte • 2:01p, 5/13/21
AG
South Platte said:
Good gosh that's quite a return. I wonder how many times he put $8,000 down on a stock and it lost value before hitting on this one.
It is quite incredible. Imagine making 750K off a 10K bet and STILL holding 2.5 millions shares of something currently worth .10 with great potential to maybe be the next penny to get to a dollar. Tons of catalysts still to come for this one. Mind blowing.
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barbacoa taco
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In reply to johnnyblaze36 • 2:55p, 5/13/21
AG
johnnyblaze36 said:
South Platte said:
Good gosh that's quite a return. I wonder how many times he put $8,000 down on a stock and it lost value before hitting on this one.
It is quite incredible. Imagine making 750K off a 10K bet and STILL holding 2.5 millions shares of something currently worth .10 with great potential to maybe be the next penny to get to a dollar. Tons of catalysts still to come for this one. Mind blowing.
Yeah all the signs are good. I would buy more but everything else is tied up. May cut losses on some of my bag holds, and throw it here
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jonj101
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3:21p, 5/13/21
AG
I got into HPIL. I have no problem sitting on it and seeing where it goes.

Considering how long I've been holding the dead weight of EGOC, I have no reason to be impatient.

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tweekac
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6:56a, 5/14/21
AG
https://www.prnewswire.com/news-releases/shanghai-yicheng-culture-acquires-egoc-energy-1-corp-in-us-to-accelerate-its-vision-to-establish-an-international-expansion-platform-301291513.html
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jtraggie99
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In reply to tweekac • 7:04a, 5/14/21
AG
So, what does that mean for the stock holders, if EGOC is going away?
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YellAgs
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8:54a, 5/14/21
AG
EGOC up big today
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KaneIsAble
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8:56a, 5/14/21
AG
I swear it was at .009 with 30 mil volume on my ticker and then it reverted back to +25% and the volume was gone; weird.
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LatinAggie1997
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In reply to jtraggie99 • 9:49a, 5/14/21
AG
jtraggie99 said:
So, what does that mean for the stock holders, if EGOC is going away?


This.
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LatinAggie1997
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11:59a, 5/14/21
AG
Sarcasm and not much else on main stock thread about egoc...unsure but doesn't look promising, guessing because of the Chinese co. didn't blow any skirts up.
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BobFriend13
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In reply to LatinAggie1997 • 12:16p, 5/14/21
AG
I went ahead and traded the shares. Not at the top but I made good money for what it was all worth.
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LatinAggie1997
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In reply to BobFriend13 • 12:24p, 5/14/21
AG
I only have 225k shares so it is probably worth me waiting it out. Cashing out now would only be a gain of less than $400.

I'll risk it and if it turns out poorly use the loss against my crypto gains.
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LatinAggie1997
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12:26p, 5/14/21
AG
Google found me this ...perhaps someone with the acumen and experience can dig this up and break it down.


The Securities and Exchange Commission requires Form 8-K when a merger takes place. This is a public document that is available through the SEC's online, searchable EDGAR database. The filing will reveal the new company name, the makeup of the new board of directors and the shares and capital that will be exchanged between the buyer and the shell. Wading through these fine-print documents will give you a good handle on the merger and help you make the crucial decision: either sell your shares immediately or wait for the merger to go through.
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Tibbers
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1:24p, 5/14/21
More DD on $CATV

$CATV
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aggiedad20
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7:48a, 5/15/21
I'm up 368% on EEGI... and I think it continues next week. Insane volume yesterday

glta
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agdaddy04
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In reply to aggiedad20 • 10:28a, 5/15/21
AG
What got you in that?
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$30,000 Millionaire
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11:42a, 5/15/21
AG
I'm in GVSI, RECT, and ILUS
You don’t trade for money, you trade for freedom.
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jonj101
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12:05p, 5/15/21
AG
Funny how as soon as I complained about EGOC being dead weight it went on a run.

Let that be a lesson boys and girls - whatever jonj101 says do the opposite and and your trades will be prosperous.
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Tibbers
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In reply to jonj101 • 2:53p, 5/15/21
jonj101 said:
Funny how as soon as I complained about EGOC being dead weight it went on a run.

Let that be a lesson boys and girls - whatever jonj101 says do the opposite and and your trades will be prosperous.


Please then complain about $bmix, $rgbp, $hmbl and $FORW please and thank you.
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aggiedad20
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In reply to agdaddy04 • 3:01p, 5/15/21
agdaddy04 said:
What got you in that?


SteevoTrader on Twitter...he alerted in April at .0005. I watched and took a position at 11. He's a great follow for trips.
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Tibbers
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In reply to aggiedad20 • 3:02p, 5/15/21
aggiedad20 said:
agdaddy04 said:
What got you in that?


SteevoTrader on Twitter...he alerted in April at .0005. I watched and took a position at 11. He's a great follow for trips.


Very cool!
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LatinAggie1997
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In reply to Tibbers • 4:30p, 5/15/21
AG
Tibbers said:
jonj101 said:
Funny how as soon as I complained about EGOC being dead weight it went on a run.

Let that be a lesson boys and girls - whatever jonj101 says do the opposite and and your trades will be prosperous.


Please then complain about $bmix, $rgbp, $hmbl and $FORW please and thank you.


And keep complaining about egoc to >.3
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Pookers
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In reply to LatinAggie1997 • 7:04p, 5/15/21
AG
LatinAggie1997 said:
Tibbers said:
jonj101 said:
Funny how as soon as I complained about EGOC being dead weight it went on a run.

Let that be a lesson boys and girls - whatever jonj101 says do the opposite and and your trades will be prosperous.


Please then complain about $bmix, $rgbp, $hmbl and $FORW please and thank you.


And keep complaining about egoc to >.3
Whats the strategy with EGOC now that its been bought out. Hold the stocks and they buy you out at some point?
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LatinAggie1997
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In reply to Pookers • 7:47p, 5/15/21
AG
Been wondering that myself. I have zero experience with RM but my research revealed some important information. What will and or could happen depends on the agreement between the Chinese Co. and DL(egoc). Those agreements which include stock structure and purchasing of majority shares, plus all relevant details, will be explained in a SEC 8-K form which must be filed witth the state of Nevada. If someone gets ahold of that and knows what to look for and how to interpret the language then we can have a much better understanding.
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Tibbers
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12:54p, 5/16/21
$catv poised to have a big day tomorrow. They just released a new cbd infused alkaline water called Hip. Lou Ferigno is the spokesman for it as well. They are already expanding their greenhouse to double its capacity. 8k will be filed soon to show 20-40 million in revenues and drive the price up. It's sitting at .03 and most metrics show it moving to .15 to .35 based on current revenues. Name change coming as well. Very, very exciting company. Get in Ags, this one could be a ten bagger, even now.
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agdaddy04
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In reply to Tibbers • 12:55p, 5/16/21
AG
Been in it since you first brought it to the thread, especially after I missed the initial run-up on TSNP. Ready for HMBL to make a recovery.
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YourFavAggie
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1:12p, 5/16/21
AG
EGOC merger announced. This was only the press release, once financials are filed, we should start to see big movement

https://www.prnewswire.com/news-releases/shanghai-yicheng-culture-acquires-egoc-energy-1-corp-in-us-to-accelerate-its-vision-to-establish-an-international-expansion-platform-301291513.html
Eyes of texas Crying
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