Penny Stock Thread

377,301 Views | 3015 Replies | Last: 2 yr ago by LatinAggie1997
agdaddy04
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Jizzle89 said:

INND. Up 1700% last 3 weeks.

I'm in for 500k shares at .005. Hit .95 today

Just added 500k shares of SRMX at .004 as well
Dang, wish you would've brought SRMX here yesterday.
irish pete ag06
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Aston04 said:

Penny stocks on fire. My guess is this is a historic, unprecedented move up. Small time investor money pouring into it. Helps with many fleeing robinhood (no otc trades) and leaving the gme trade in general... Gotta invest it somewhere...
It makes total sense. Retail are way more interested in buying 50,000 shares of something than 5 shares of AAPL. I think we are really just at the beginning of this very likley bubble. With way more stimulus to come.
J_Landes89
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I just saw/bought this morning!
SquareOne07
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Jizzle89 said:

I just saw/bought this morning!


And where do ya see that little guy going?
agdaddy04
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Jizzle89 said:

I just saw/bought this morning!

Well goodness. No I've just got FOMO right now and ran out of capital in my TDA account to buy new. The ones I bought from the other thread are all red. But this is a long game not a one day. Fun stuff.
J_Landes89
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Holding until $.20 minimum.

100% okay with losing it all, minimum initial investment.

At 1 million shares averaged at $.0045
Orlando Ayala Cant Read
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I'm sure many of you know this and this is probably a "no shi* sherlock " post but the best time to identify and buy your penny is between 230-255 just before end of closing. Lotsa these pennies run like crazy right at open the next day and you may only reap half of what you can if you buy at open instead of holding overnight from the day before. This has been a strategy of mine for a few months now and it pays off big if you can get those pennies identified. I 've probably had at least 7-8 run hard the very next morning right at open and I wasn't having to chase em.
irish pete ag06
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Orlando Ayala Cant Read said:

I'm sure many of you know this and this is probably a "no shi* sherlock " post but the best time to identify and buy your penny is between 230-255 just before end of closing. Lotsa these pennies like crazy right at open the next day and you may only reap half of what you can if you buy at open instead of holding overnight from the day before. This has been a strategy of mine for a few months now and it pays off big if you can get those pennies identified. I 've probably had at least 7-8 run hard the very next morning right at open and I wasn't having to chase em.
Awesome. Thanks!
agdaddy04
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Appreciate that. Being on mountain time, 2pm ends up being one of my busy times and I usually don't get to research it enough.
barbacoa taco
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any thoughts on TNXP? pharmaceutical company developing a covid skin test
jonj101
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'Tis not a penny stock

Away with ye and thy highly affluent $1.50 picks
Aggie Pharmer
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larry culpepper said:

any thoughts on TNXP? pharmaceutical company developing a covid skin test
I was in them a while back (probably 2 years ago) when they were investigating cyclobenzaprine (Flexeril) for PTSD. It seemed like an interesting concept at the time, but they ended up failing Phase 2 (I think) and stopped development. This resulted in a reverse split and I ended up getting out for a net loss.

Looking at their pipeline, they seem to be a company that lacks focus if they are getting in to covid skin tests. Just my $0.02.

Edit to add: looks like they show cyclobenzaprine for PTSD in Phase 3, but the results from the Phase 2 study were pretty lackluster.
agdaddy04
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Aggie Pharmer said:

larry culpepper said:

any thoughts on TNXP? pharmaceutical company developing a covid skin test
I was in them a while back (probably 2 years ago) when they were investigating cyclobenzaprine (Flexeril) for PTSD. It seemed like an interesting concept at the time, but they ended up failing Phase 2 (I think) and stopped development. This resulted in a reverse split and I ended up getting out for a net loss.

Looking at their pipeline, they seem to be a company that lacks focus if they are getting in to covid skin tests. Just my $0.02.
username appears to check out.
Red Red Wine
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Hey - I bought that at 56c. Net Free hoping for run on TNXP!!!
slacker00
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Found this one on another board: SNDD
Penny stock with a product: https://nomoresharps.com/pages/about-us
Brat86
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ENZC read the DD
Orlando Ayala Cant Read
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Brat86 said:

ENZC read the DD
I did. That's why I bought 100k shares at .08 .
biglebowski
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irish pete ag06 said:

Aston04 said:

Penny stocks on fire. My guess is this is a historic, unprecedented move up. Small time investor money pouring into it. Helps with many fleeing robinhood (no otc trades) and leaving the gme trade in general... Gotta invest it somewhere...
It makes total sense. Retail are way more interested in buying 50,000 shares of something than 5 shares of AAPL. I think we are really just at the beginning of this very likley bubble. With way more stimulus to come.


What's an OTC trade? I just got Robinhood, I'm aware of the shady dealings recently. What's a better platform?
Gig’em
agdaddy04
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Orlando Ayala Cant Read said:

Brat86 said:

ENZC read the DD
I did. That's why I bought 100k shares at .08 .
wow, impressive
agdaddy04
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penny stocks - not yet listed on a major stock exchange.
agdaddy04
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I had it on my watchlist but can't remember why I didn't buy any last Monday. Oh well.
78669AG
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I see ppl say gettinf to net zero or net free....what are these meanings.

Sorry a newbie
Foamcows
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buy a penny stock and spend 1000 bucks... penny stock goes up 2x the original value, sell half of your original purchase and cash out your initial buy in of 1000 bucks and then play with the free money
Aston04
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78669AG said:

I see ppl say gettinf to net zero or net free....what are these meanings.

Sorry a newbie
net zero is a strategy lead by thr poster OA on the main stock trading thread. The basic premise is after a stock goes up enough, sell to protect initial investment, keep "a net free" interest in the stock to see if that remaining stake may go higher over time (and not have to as actively manage it).
Aston04
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biglebowski said:

irish pete ag06 said:

Aston04 said:

Penny stocks on fire. My guess is this is a historic, unprecedented move up. Small time investor money pouring into it. Helps with many fleeing robinhood (no otc trades) and leaving the gme trade in general... Gotta invest it somewhere...
It makes total sense. Retail are way more interested in buying 50,000 shares of something than 5 shares of AAPL. I think we are really just at the beginning of this very likley bubble. With way more stimulus to come.


What's an OTC trade? I just got Robinhood, I'm aware of the shady dealings recently. What's a better platform?
otc are stocks not listed on nasdaq or nyse or other major index. Generally super small caps. This sector is by far the hottest segment right now. Robinhood doesn't let its traders invest in those.

I recommend fidelity. Absolutely free trades, without restrictions on otc stocks. Nice platform to search for new stocks. They do restrict some stocks if their paperwork has been flagged for being out of compliance... But then if a stock is being flagged/restricted, the odds are against it anyway (I do keep an etrade acct I could in such case.. But Etrade doesnt do free trades of penny stocks)..

I also recommend getting on Twitter to gauge momentum of small stock plays (and get ideas) and also screen stocks using the yahoo finance screener. I put in price (I prefer penny stocks) & volume (more volume can indicate momentum) parameters to add stocks to my watch list to follow/research more.

Start testing strategies and then starting dipping a toe in the water once you have confidence to go for it. Never blindly trust a pump. Do your homework. Good luck.
2girlsdad
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MINE up an other 203% today!

My original purchase at $0.0016 is currently at $0.016.
Orlando Ayala Cant Read
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2girlsdad said:

MINE up an other 203% today!

My original purchase at $0.0016 is currently at $0.016.


Have any cliffs notes dd on it? Still room to run?
BlueTaze
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I wouldn't be surprised if pennies boom as major indexes stall out and correct. So much money sloshing around its got to go somewhere. We are already seeing the major attention low float is getting in this market.
Malachi Constant
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I'm having some serious envy of other posters on this thread. I'm in:

ABML
BMIX
SRMX
SNDL

And I am basically even between all of them...
2girlsdad
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I have NO clue. Dude at work said he had a friend that said we should buy some, so I threw a little at it for fun. I'm a complete moron with day trading and penny stocks...everything is in IRA's and managed accounts.
muleshoe
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Aston04 said:

biglebowski said:

irish pete ag06 said:

Aston04 said:

Penny stocks on fire. My guess is this is a historic, unprecedented move up. Small time investor money pouring into it. Helps with many fleeing robinhood (no otc trades) and leaving the gme trade in general... Gotta invest it somewhere...
It makes total sense. Retail are way more interested in buying 50,000 shares of something than 5 shares of AAPL. I think we are really just at the beginning of this very likley bubble. With way more stimulus to come.


What's an OTC trade? I just got Robinhood, I'm aware of the shady dealings recently. What's a better platform?
otc are stocks not listed on nasdaq or nyse or other major index. Generally super small caps. This sector is by far the hottest segment right now. Robinhood doesn't let its traders invest in those.

I recommend fidelity. Absolutely free trades, without restrictions on otc stocks. Nice platform to search for new stocks. They do restrict some stocks if their paperwork has been flagged for being out of compliance... But then if a stock is being flagged/restricted, the odds are against it anyway (I do keep an etrade acct I could in such case.. But Etrade doesnt do free trades of penny stocks)..

I also recommend getting on Twitter to gauge momentum of small stock plays (and get ideas) and also screen stocks using the yahoo finance screener. I put in price (I prefer penny stocks) & volume (more volume can indicate momentum) parameters to add stocks to my watch list to follow/research more.

Start testing strategies and then starting dipping a toe in the water once you have confidence to go for it. Never blindly trust a pump. Do your homework. Good luck.
Fidelity....interesting, I tried to buy something earlier today and got a note fidelity doesn't trade stocks under some value. That's why I asked the platform question earlier....I'll try again tomorrow. Probably OE.
Hondo.
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I use etrade. I'm happy with it.
mattbro2014
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muleshoe said:

Aston04 said:

biglebowski said:

irish pete ag06 said:

Aston04 said:

Penny stocks on fire. My guess is this is a historic, unprecedented move up. Small time investor money pouring into it. Helps with many fleeing robinhood (no otc trades) and leaving the gme trade in general... Gotta invest it somewhere...
It makes total sense. Retail are way more interested in buying 50,000 shares of something than 5 shares of AAPL. I think we are really just at the beginning of this very likley bubble. With way more stimulus to come.


What's an OTC trade? I just got Robinhood, I'm aware of the shady dealings recently. What's a better platform?
otc are stocks not listed on nasdaq or nyse or other major index. Generally super small caps. This sector is by far the hottest segment right now. Robinhood doesn't let its traders invest in those.

I recommend fidelity. Absolutely free trades, without restrictions on otc stocks. Nice platform to search for new stocks. They do restrict some stocks if their paperwork has been flagged for being out of compliance... But then if a stock is being flagged/restricted, the odds are against it anyway (I do keep an etrade acct I could in such case.. But Etrade doesnt do free trades of penny stocks)..

I also recommend getting on Twitter to gauge momentum of small stock plays (and get ideas) and also screen stocks using the yahoo finance screener. I put in price (I prefer penny stocks) & volume (more volume can indicate momentum) parameters to add stocks to my watch list to follow/research more.

Start testing strategies and then starting dipping a toe in the water once you have confidence to go for it. Never blindly trust a pump. Do your homework. Good luck.
Fidelity....interesting, I tried to buy something earlier today and got a note fidelity doesn't trade stocks under some value. That's why I asked the platform question earlier....I'll try again tomorrow. Probably OE.


You have to opt in for penny stocks. There is a little warning about the risk of penny stocks that you have to agree to.
WhiskeyBusiness
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LTMCF anyone?



LatinAggie1997
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So who is in what ...OTCs

In anywhere from 150 shares to 150,000

EGOC
BMIX
ABML
SNDL
OZSC
HCMC
BRLL
ATAO
TMRC
RLFTF : (


TO THE MOON

Good luck Ags!
 
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