Penny Stock Thread

379,537 Views | 3015 Replies | Last: 2 yr ago by LatinAggie1997
South Platte
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Spoony Love said:

I'm sure there is some room to go lower but that would be disastrous if so in IMO.

$RGBP 8-k out today. Trying to decipher what it means
Prefer not to buy above my basis, but I got another 15k this AM after it dropped following the (good?!) news.
cevans_40
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AG
ECOG is fixing to take off

I know this because I am trying to buy more to get my average price down but am currently unable for some reason. Guaranteed to run up rather quickly. Get in while you can
Sully Dog
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gigemJTH12 said:

Sully Dog said:

KurtK85 said:

Any thoughts on EGOC this week? It's been quite the downward trend and am contemplating an exit
By all means, if you don't believe in it sell it. That said, where is almost always a big spike on news. You have a filing coming up in the next month and a ticker change coming soon. Both should be good oppurtunities to head for the doors.
sorry I am dumb...are you saying those things should bump it enough to get out if you dont trust it long term?
That's exactly what I'm saying.
Deplorable Neanderthal Clinger
gigemJTH12
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AG
Brian Earl Spilner said:

Ugh. My confidence is waning on EGOC, but I'm riding this thing to 0.
well it looks better now
Sully Dog
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Tibbers said:

Sully Dog said:

KurtK85 said:

Any thoughts on EGOC this week? It's been quite the downward trend and am contemplating an exit
By all means, if you don't believe in it sell it. That said, where is almost always a big spike on news. You have a filing coming up in the next month and a ticker change coming soon. Both should be good oppurtunities to head for the doors.


So I've seen posted by others about the ticker change but I can't find any information to corroborate that notion. I've heard we are waiting on FINRA but I can't seem to find any info that solidifies that claim. Do y'all have access to that info?
That's the problem with pennies. It's mostly rumor and speculation. The ticker change is just obvious to me. The former company, Energy One Corp (EGOC), is a failed company. Any buisnessman worth a damn wants to seperate themselves from the old image and create a ticker that alligns with the image of their company. I think the ticker change comes sooner than later.
Deplorable Neanderthal Clinger
barbacoa taco
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got in around .01. now thinking of a good target for an exit
Orome
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This guy has some interesting thoughts on the 8K. He's been throwing out some technical charts for RGBP for awhile. The thread below is an interesting read.

hunterntexas
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AG
OZSC running up a little. Maybe I can get back to even.
agdaddy04
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hunterntexas said:

OZSC running up a little. Maybe I can get back to even.
lol, a long way to go before I'm even.
Spoony Love
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AG
Interesting, I hadn't seen this over the weekend. Lot's to chew on.

This doesn't necessarily change my belief in this stock if I am reading it correctly. It actually bolsters it.

Thanks for the find!
YourFavAggie
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AG
EGOC posted quarterly filings today with confirmation of ticker change submitted to FINRA.

Eyes of texas Crying
Orome
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Here's the link to the filings. I haven't gone through them yet:

https://www.otcmarkets.com/otcapi/company/financial-report/311261/content
Brian Earl Spilner
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AG
Nice. Was wondering if there was news.
Brian Earl Spilner
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AG
Huge candle now, +38%.
sts7049
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yeah, but volume overall isn't much really
Brian Earl Spilner
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Well it never is really
hunterntexas
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agdaddy04 said:

hunterntexas said:

OZSC running up a little. Maybe I can get back to even.
lol, a long way to go before I'm even.
I loaded up quite a bit in the $0.05 - $0.06 range. I'm currently up about 10% right now.
South Platte
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Disastrous start to the day for me in the pennies. Might be my worst single day since I started this. Fortunately the majority of my retirement is in mutual funds which continue to do well. I'm convinced that unless you have lucky timing or get insider knowledge, this is absolutely no way to live. This stuff just pisses me off.
Tibbers
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I find the constant disappointment will make that one winner all the more satisfying. Now if it never comes…
South Platte
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Also, I suppose a rule of thumb is ALWAYS sell when the first pump loses steam. Never hold hoping for the run to $1.

For a play with some actual legs, check out YINN. The rest of these nonsense plays are, at best, monkey spunk.
Tibbers
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Now now, keep your head up tiger.
South Platte
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Tibbers
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It will work out. On a long enough timeline.
sts7049
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AG
or maybe not
johnnyblaze36
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Anybody in ELEK? A guy on the HPIL board alerted it on 11/11 and I actually saw his post that day. It was at .25 when he brought it up. Have a patent for an EV battery and they are apparently shopping it to major EV players.

I wish I had listened to that guy. It went from .3 at open this morning to as high as $2.28 today. That's the first OTC I've personally seen make an insane spike like that and the company was founded just last December and only has 103 watchers on Stocktwits. Incredible.

edit: $2.66 now and +671% on the day. If only that was HPIL I would have woken up to an extra 20 million dollars in my account out of nowhere and would have fainted. Instead we can't even get the freaking filings correct after five tries. Sigh.

gigemJTH12
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WOW
gigemJTH12
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can you tell me about HPIL? does that guy like it?
johnnyblaze36
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gigemJTH12 said:

can you tell me about HPIL? does that guy like it?
That guy has been in HPIL since April. I've seen him ask questions on our conference calls. It's been an extremely rough ride. A lot of potential but I went from up 65K on it to currently down 35K. Haven't sold a single share and see a ton of upside but the share structure is horrible for now and the CEO has shot himself (along with us) in the foot multiple times by announcing deadlines and missing them all and still struggling to get the filings right for Pink current.

ELEK just hit $3.50! I think it's running so hard today because it was announced that a majority shareholder is a billionaire real estate developer who has worked on multiple Trump Towers. It's up almost 900% today as of this post on only 2.11 million volume I believe. Insanity.

edit: hit $3.87 over +1000% on the day. Company is less than a year old and has a shell icon on otcmarkets.com

edit: $4.70 now from a .3 open. My mind cannot comprehend this and I cannot believe I didn't dig deeper when I saw that guy's post 5 days ago. Off to buy another happy meal and call it a day.
Orome
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AG
Holy crap. That would've been amazing to have hit on…
Sully Dog
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How high does this thing run, or is there going to be pull back to buy on? I feel like this is just all rumor unless there was some sort of actual announcement.


Deplorable Neanderthal Clinger
hunterntexas
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hunterntexas said:

agdaddy04 said:

hunterntexas said:

OZSC running up a little. Maybe I can get back to even.
lol, a long way to go before I'm even.
I loaded up quite a bit in the $0.05 - $0.06 range. I'm currently up about 10% right now.
and it's gone...
South Platte
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hunterntexas said:

hunterntexas said:

agdaddy04 said:

hunterntexas said:

OZSC running up a little. Maybe I can get back to even.
lol, a long way to go before I'm even.
I loaded up quite a bit in the $0.05 - $0.06 range. I'm currently up about 10% right now.
and it's gone...
LOL, sorry man. I had a -12% day on my penny portfolio. Anybody recall a worse day? A few more of those and I'll have a nice surge in free time.
Phat32
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AG
This is like a Tuesday in pennies. If you cannot hang with that, you should not be in pennies.
johnnyblaze36
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Sully Dog said:

How high does this thing run, or is there going to be pull back to buy on? I feel like this is just all rumor unless there was some sort of actual announcement.



This was the official PR this morning. I checked it out when it was around $1.45 and thought no way am I chasing something so crazy and it just kept going and going to a $5.65 close +1537%.

I assume it's a function of both instilling investor confidence when a multi-billionaire buys up over half the shares + good SS to begin with. Will be super interesting to see what it does tomorrow. Doesn't seem like a classic P&D since it held its gains throughout the day and only continued to increase into close. We shall see.

The tech sounds very similar to what is under development in HPIL/Apogee Dynamics with a battery that doesn't need constant charging but I haven't done much research on it yet like I should have 5 days ago.

https://www.stocktitan.net/news/ELEK/miami-billionaire-dr-michael-dezer-becomes-one-of-the-majority-9ngmuhahv9uf.html

Quote:

November 16, 2021 - 9:00 am

Elektros (OTC PINK:ELEK), an electric vehicle solutions provider based in South Florida, is pleased to announce that billionaire Dr. Michael Dezer is a majority shareholders with the company. Dr. Dezer is the renowned real estate developer, recognized for his investments in New York and Florida. Also, he is a well-known collector of Classic car Memorabilia.


SUNNY ISLES BEACH, FL / ACCESSWIRE / November 16, 2021 /
Throughout his life, Dr. Michael Dezer has possessed the keen ability to notice opportunity and seize upon it. He is the founder of Dezer Properties and as a commercial real estate developer. He is known for his considerable holdings in New York and Florida. A caring humble man, first saw a prospect in an area known as Chelsea. Taking an impoverished area, to become Globally known as one of the nicest areas of NYC.

"We feel extremely pleased and privileged that someone of the stature of Dr. Michael Dezer would make such a commitment to our company," said Shlomo Bleier, CEO of Elektros. "As much as he is known as a real estate developer, Dr. Dezer is just as widely recognized as a car enthusiast and a collector of classic automobiles. And clearly, he sees the significance and the tremendous opportunities with efficient electric cars going forward - and our company's role in this industry."
KurtK85
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AG
Had some fun with ELEK this morning. Picked it up just over $4 yesterday and sold at $7.80. One of my few wise decisions in the market so far!

Now - should I throw the profits in EGOC or RGBP?
 
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