Penny Stock Thread

379,295 Views | 3015 Replies | Last: 2 yr ago by LatinAggie1997
Spoony Love
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Does anybody know about $PFWIQ? I know there is a court case regarding the custodianship tomorrow, so maybe it's just David Lazar hype. I took a shot and added yesterday later to my previous position to average down and all of a sudden I am double, which I admit is a good problem. Just trying to figure out if I can wait a little more to get a higher value to go net free and let it ride with more shares than now.
LatinAggie1997
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People on a different forum claim it has run bigly tripling their money already. Outside of that I know zero.
Spoony Love
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$EGOC approaching penny today? Level 2 asks are seeing .0099
Sully Dog
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Broke a penny
Deplorable Neanderthal Clinger
agcrock2005
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Spoony Love said:

$EGOC approaching penny today? Level 2 asks are seeing .0099
**** yeah! I'm up 40% on my $100 investment. Going to buy an island soon.
YouBet
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Pookers said:

Hudson2508 said:

Not sure but considering selling to take my profits.


I've got a massive $42 profit currently. Might just see where it goes with the buyout.
Congrats man! You need to get a financial advisor. They typically charge around 1% so you are only looking at a $0.42 fee.

Let me know if you need a recommendation.
jonj101
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EGOC sucks and is a terrible pick! Its going to tank!

(Just trying to stay consistent with my previous pattern of predictions/results on this thread).
Sully Dog
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I totally forgot I even had 2,000 shares of this stock.

What is the story with this Shenghai Culture company that is buying controlling interest?
Deplorable Neanderthal Clinger
Spoony Love
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I think its speculation at this point but many think it is the company behind the website leztao.net.

Some have tried to translate the website into English and it all points to a Chinese marketing company. That's about all I am willing to say without further misleading. So a lot is still up in the air. Conspiracies commence.


Pookers
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YouBet said:

Pookers said:

Hudson2508 said:

Not sure but considering selling to take my profits.


I've got a massive $42 profit currently. Might just see where it goes with the buyout.
Congrats man! You need to get a financial advisor. They typically charge around 1% so you are only looking at a $0.42 fee.

Let me know if you need a recommendation.
I've got big plans for this profit, big plans. I'm going to invest in a local micro brewery.
jonj101
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Perhaps you can be swayed towards essential oils - or even a soy candle making company.
johnnyblaze36
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I'm sitting on a $136 profit currently if you want to go in on the brewery together.
LatinAggie1997
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Spoony Love said:

I think its speculation at this point but many think it is the company behind the website leztao.net.

Some have tried to translate the website into English and it all points to a Chinese marketing company. That's about all I am willing to say without further misleading. So a lot is still up in the air. Conspiracies commence.





Web marketing and short video platform like tiktok is my understanding...perhaps even web services similar to AWS but very difficult to get confirmation and understanding their home qeb page.
Sully Dog
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Pookers said:

YouBet said:

Pookers said:

Hudson2508 said:

Not sure but considering selling to take my profits.


I've got a massive $42 profit currently. Might just see where it goes with the buyout.
Congrats man! You need to get a financial advisor. They typically charge around 1% so you are only looking at a $0.42 fee.

Let me know if you need a recommendation.
I've got big plans for this profit, big plans. I'm going to invest in a local micro brewery.
I invested in a micro brewery last night. It's made work hell this morning.
Deplorable Neanderthal Clinger
Pookers
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Sully Dog said:

Pookers said:

YouBet said:

Pookers said:

Hudson2508 said:

Not sure but considering selling to take my profits.


I've got a massive $42 profit currently. Might just see where it goes with the buyout.
Congrats man! You need to get a financial advisor. They typically charge around 1% so you are only looking at a $0.42 fee.

Let me know if you need a recommendation.
I've got big plans for this profit, big plans. I'm going to invest in a local micro brewery.
I invested in a micro brewery last night. It's made work hell this morning.
That is always something to consider; 10% stouts kick pretty hard.
bmoochie
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AG
Update, GGII has been uplisted to the pink sheets and is current so will not be affected anymore by the E*TRADE regulations.
johnnyblaze36
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Pookers said:

YouBet said:

Pookers said:

Hudson2508 said:

Not sure but considering selling to take my profits.


I've got a massive $42 profit currently. Might just see where it goes with the buyout.
Congrats man! You need to get a financial advisor. They typically charge around 1% so you are only looking at a $0.42 fee.

Let me know if you need a recommendation.
I've got big plans for this profit, big plans. I'm going to invest in a local micro brewery.
Update: I'm currently sitting on a $46 profit which I assume means you have nothing and now I'm buying. smh
YourFavAggie
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Someone here had 3m net free in egoc - bet he's a happy person
Eyes of texas Crying
LatinAggie1997
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Been tryong to do some digging.

If the rumor that the Chinese company (Shanghai Yicheng Culture) is behind leztao.net (short video platform) I found a very similar company with a similar profile as the Shanghai Yicheng Culture PR.
Additionally, here is an article discussing other lucrative prospects covered by the Shanghai Yicheng PR.




"In February Chinese short-video app Kuaishou soared 160% to $300 a share in the biggest internet company IPO since Uber, and the largest Hong Kong debut since the pandemic." [CNBC]

Profile

Kuaishou Technology is a China-based investment holding company mainly engaged in the operation of content communities and social platforms. The Company mainly provides live streaming services, online marketing services and other services. The online marketing solutions include advertising services, Kuaishou fans headline services and other marketing services. Other services include e-commerce, online games and other value-added services. The Company mainly conducts business within the domestic market.


"These two companies could make inroads in the $11 billion U.S. livestream shopping market"

https://www.cnbc.com/2021/05/06/facebook-amazon-make-inroads-into-11-billion-us-livestream-market.html

Shanghai Yicheng Culture PR

Shanghai Yicheng Culture Communication, is committed to building a global innovative advanced technology service platform with the integration of industrialized operations; smart e-commerce retail; innovative medical and health management; film, television and media; applications of blockchain technology; cultural and educational services. Looking ahead, ecosystem integration will be the development direction, in which worldwide high-end services as core business, by providing innovative technologies services with big data, so as to pave the way for global diversified development.

"Smart e-commerce retail", "innovative healthcare" and "innovative applications of big data" are the three main pillars of Shanghai Yicheng Culture. With the smart e-commerce retail, self-operated online shopping mall has established. Through stringent control on the eligibility of the supply chain manufacturers, together with the adoption of an innovative F to C model, more discount and high-quality "beauty & health" products are expected to be delivered directly from manufacturers to corporate clients. This does not only help more clients to save cost, but also facilitate more innovative brands to set up their own sale channels, eventually achieving the dream of having more national brands. As for the innovative healthcare, which highly integrated the online and offline services, is expected to have considerable growth in value. Through technology, the importance of health and wellness will be deeply rooted to the people's hearts, hence, realizing an upgraded global strategic of health and ecological services.
YouBet
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Did anyone else have a new contra account show up on E*TRADE yesterday? I now have a contra account for HCMC listing about a third of my total HCMC in a separate listing from my main HCMC.

Very weird.
LatinAggie1997
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On my TDA I show a new/odd position. The ticker is a set of numbers and letters. No clue what it is.
agdaddy04
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Are you in ABML? They just changed company names I believe. I haven't logged on to check yet.
YourFavAggie
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LatinAggie1997 said:

On my TDA I show a new/odd position. The ticker is a set of numbers and letters. No clue what it is.


Same on e-trade. I do have a small position in hcmc
Eyes of texas Crying
LatinAggie1997
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I was and closed my position a few days ago. I considered that being the case but don't understand how if I sold all.

* put it all in EGOC (decided to choose 1 lotto and make the position worth it instead of multiple small to medium positions)
LatinAggie1997
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Me too. I still have positions in BMIX and HCMC.

Sold all others and put into EGOC.
YouBet
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LatinAggie1997 said:

On my TDA I show a new/odd position. The ticker is a set of numbers and letters. No clue what it is.
Exactly this. I have it for HCMC. It's listed as a contra account in the description but that is confusing to me.

Look in description and you will it's probably a contra account for one of your existing stocks.
LatinAggie1997
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All I can find is an explanation - "Your position may be undergoing an option assignment or exercise, or a corporate action, such as a dividend or stock split.

I remember a position news update on HCMC with something similar.

"HCMC announces commencement of rights offering subscription period. "
YouBet
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LatinAggie1997 said:

All I can find is an explanation - "Your position may be undergoing an option assignment or exercise, or a corporate action, such as a dividend or stock split.
HCMC is probably going under because it's a trash stock.
LatinAggie1997
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Probably.

Why I have most of penny eggs in the EGOC basket.

Still hold some WARM, BMIX, and MGTI...hoping for a bump to possibly sell and put into EGOC before any major news.

It's all "bought it, forget about it, see what happens " money....but if EGOC makes a run it could be debt canceling for me but not life altering.
Talon2DSO
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On HCMC:

https://www.healthiercmc.com/videos

Basically, as a shareholder of HCMC, you will have the right to purchase an additional 25% of your holdings at a discounted rate.

Oh and Jordan Belfort just jumped on the HCMC bandwagon. Not sure if that's promising or not.
YouBet
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Talon2DSO said:

On HCMC:

https://www.healthiercmc.com/videos

Basically, as a shareholder of HCMC, you will have the right to purchase an additional 25% of your holdings at a discounted rate.

Oh and Jordan Belfort just jumped on the HCMC bandwagon. Not sure if that's promising or not.
Fascinating. My contra account is exactly 25% of my total HCMC holdings so they are setting it up in advance? Will watch video.
LatinAggie1997
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What's the point of this?
Sounds less promising than a garage sale where we know what we're getting.
LatinAggie1997
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Watched the FAQ video and kept being reminded of this scene...

YouBet
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LatinAggie1997 said:

What's the point of this?
Sounds less promising than a garage sale where we know what we're getting.
Listened to videos and read prospectus. It's just another way to raise money and they are doing it directly with existing shareholders vs traditional channels.

What I'm still confused about is how I actually exercise my subscription rights here. I'm basically looking at a $100 investment to get 25% more of my current holding at a discount. Not sure how I'm supposed to do that with E*TRADE.
Talon2DSO
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Think of it as a cash raise without diluting the shares of existing shareholders.
 
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