Penny Stock Thread

379,277 Views | 3015 Replies | Last: 2 yr ago by LatinAggie1997
Talon2DSO
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I still can't buy any shares on it. It's has a ton of juice and it just went to yield.
South Platte
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Talon2DSO said:

I still can't buy any shares on it. It's has a ton of juice and it just went to yield.
So I can't buy it through Schwab (but I could probably call in again like I posted before) but I just submitted a buy order in my Fidelity account and it was accepted.
Orome
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Goodness gracious RGBP is getting hammered recently
Spoony Love
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Yeah, impatient investors did not like the last 8-k. If it goes below my basis I will consider adding more but for now I'm still above.
LatinAggie1997
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Do you periodically check for filings or will you review the EGOC 8-k filings after someone posts them?
Spoony Love
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A little of both but usually get beat to the punch. I make a habit of reading when they come out though.
Malachi Constant
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I haven't checked this thread in a while, but EGOC looks great today.

I'm a small player compared to most of you, I only have 20k shares, but hell, if that gets to $20/share, I'll be up $400k.

A guy can dream!
LatinAggie1997
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Spoony Love said:

A little of both but usually get beat to the punch. I make a habit of reading when they come out though.


Excellent.
I like reading the opinions of multiple people to see if they align or deviate in some manner. It helps make me better informed especially if from known/reliable sources.
Ags2013
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Malachi Constant said:

I haven't checked this thread in a while, but EGOC looks great today.

I'm a small player compared to most of you, I only have 20k shares, but hell, if that gets to $20/share, I'll be up $400k.

A guy can dream!
If it goes to $20/share, I will kiss you on the mouth
Orome
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What are people's thoughts on EGOC's pps potential? Is this a sell-at-dime stock?
YellAgs
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Ya I'll take 20/share and retire
Spoony Love
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$EGOC going to $20 is a pipe dream in my opinion. This talk is in response to the way MMs drove this stock down for a few days while retailers could not buy, and then miraculously it opens up for retail to buy again and they now have huge profits at this current price.

I'll say what I have said earlier in the thread:

I am in both $EGOC and $RGBP. I will make a hard decision at $1 on both.
Orome
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Thanks Spoon, do you think both have a chance to get there?
Spoony Love
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If I was a betting man, and as a penny stock holder I am gambling, I would think $RGBP gets there. They have actual assets in their patents and a buyout at $1 is very feasible.
Brian Earl Spilner
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+121% EGOC.

Here's hoping for 0.05 this week.
Spoony Love
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Weird, TOS shows 100.89 @ 0.0225
Brian Earl Spilner
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If EGOC gets to $1 I will kiss whoever wants one in this thread.
Brian Earl Spilner
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I'm looking at delayed quotes on tradingview.
barbacoa taco
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TGGI manipulated like crazy today. still holding.
Talon2DSO
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I'd be incredibly happy with egoc at $1 but why not put sell at $20 as a yolo
Brian Earl Spilner
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Well one seems a lot more likely than the other.

Nobody even knows what EGOC makes, so what are the real chances of $20?
YouBet
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Up 10% to 0.00!!!!

Hell yes!!!!

South Platte
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So I got into NGCG yesterday based on a tip from my boy "Daniel".
https://twitter.com/DanielM36809164

Up 22% today to $0.023. Might be worth a look. There is some sort of future merger/buyout estimated at $0.08. Just got Pink Current status last night from Pink Limited.
Sully Dog
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Brian Earl Spilner said:

If EGOC gets to $1 I will kiss whoever wants one in this thread.
Don't sell it all at $1. Their goal is Nasdaq listing which requires $4
Deplorable Neanderthal Clinger
LatinAggie1997
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Sully Dog said:

Brian Earl Spilner said:

If EGOC gets to $1 I will kiss whoever wants one in this thread.
Don't sell it all at $1. Their goal is Nasdaq listing which requires $4



I just looked this up because I am an ignoramus at this stuff....

Initial Minimum Bid Price for Stock: The stock must have a minimum initial bid price of $5.00, and must later remain at or above $1.00. This requirement serves as a safeguard against certain market activities associated with low-priced securities, and protects the credibility of the NASDAQ market.

Edited to add - $5 initial bid??? Meaning??
Brian Earl Spilner
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Schwab still not allowing buy orders on EGOC.
Brian Earl Spilner
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Sully Dog said:

Brian Earl Spilner said:

If EGOC gets to $1 I will kiss whoever wants one in this thread.
Don't sell it all at $1. Their goal is Nasdaq listing which requires $4
I have a sell at $0.5 of 1/10 of my shares just to get out with 2x my investment. I'd ride the others to the moon.
Sully Dog
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LatinAggie1997 said:

Sully Dog said:

Brian Earl Spilner said:

If EGOC gets to $1 I will kiss whoever wants one in this thread.
Don't sell it all at $1. Their goal is Nasdaq listing which requires $4



I just looked this up because I am an ignoramus at this stuff....

Initial Minimum Bid Price for Stock: The stock must have a minimum initial bid price of $5.00, and must later remain at or above $1.00. This requirement serves as a safeguard against certain market activities associated with low-priced securities, and protects the credibility of the NASDAQ market.

Edited to add - $5 initial bid??? Meaning??
I'm not an expert so take it with the grain of salt, but my understanding is that it means it needs to enter the Nasdaq (IPO of sorts) at $5 or more. I thought it was $4 but I guess I'm wrong on that.
Deplorable Neanderthal Clinger
LatinAggie1997
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I ha e a sell order for 100k shares at $.88 to get out of debt. The rest I will also pull a Dr. Strangelove.
Tibbers
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That surely would be neat.
LatinAggie1997
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The CEO mentioned $3 to within 6 mos to uplist correct? I am good with that bit $4-$5 would be epic.
Brian Earl Spilner
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Brian Earl Spilner said:

Schwab still not allowing buy orders on EGOC.
Called in, and it sounds like they will only be allowing purchases through a broker on the phone, even if it is Pink Limited or Pink Current. (And waiving fees.)

Grabbed a few more shares with my free cash.
Orome
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LatinAggie1997 said:

The CEO mentioned $3 to within 6 mos to uplist correct? I am good with that bit $4-$5 would be epic.


I know they stated they want to be uplifted, but they don't have any actual operations right? How would they get to a $5 share price with no operations?
YourFavAggie
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Waiting to see an 8k dropped to answer this question
Eyes of texas Crying
Sully Dog
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LatinAggie1997 said:

The CEO mentioned $3 to within 6 mos to uplist correct? I am good with that bit $4-$5 would be epic.
Here is the Nasdaq listing requirements:
https://listingcenter.nasdaq.com/assets/initialguide.pdf

I'm reading that as $4 minimum bid. But keep in mind there are a lot of other requirements that need to happen to get listed as well. I suggest everyone look at the charts starting on page 6. They need $75 million in total assets, pretax earninging of $11M over 3 years, cash flow of $27M over 3 years, etc

Now that they are current Shanghai Yicheng Culture Communication Co needs to actually show that they are doing something to make money.

If the CEO really believes that he can be uplisted in 6 months then he will have already met all of the other criteria in the chart and we will see financial disclosures soon.
Deplorable Neanderthal Clinger
 
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