Penny Stock Thread

381,133 Views | 3015 Replies | Last: 2 yr ago by LatinAggie1997
barbacoa taco
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AG
OTC market has been ass my dude for a while now. Hardly ever see any good runners.
Brian Earl Spilner
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Woah, EGOC. What a turnaround.
Spoony Love
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Brian Earl Spilner said:

Woah, EGOC. What a turnaround.
Again, we say: Woah, what a turnaround
cevans_40
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Spoony Love said:

Brian Earl Spilner said:

Woah, EGOC. What a turnaround.
Again, we say: Woah, what a turnaround

Is this thing gonna tank?
LatinAggie1997
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No news anywhere...negative or otherwise...so my guess is th3 flippers and/or shorter are getting their last hoorahs in prior to ticker change.


Disclaimer- I know very little but I am loud about it.
Spoony Love
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Maybe, who knows. Everything is tanking except for yesterday afternoon.
BPCAg05
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Is this the thread to discuss WWR now?
Orome
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I'm pretty sure that EGOC is just going to bounce around for awhile until the ticker change. If Schwab didn't have that OTC fee you could probably make a pretty penny playing the daily swings.
Orome
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Anybody in EEENF? It has had a good month it looks like, but with ~15B shares how high do you think it can go?
BPCAg05
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I'm still in it as a lotto play. It all depends on how much recoverable oil they find. I think they drill their next well this month so I'm just waiting on the results. Because of the crazy share count I doubt they find enough oil to go $1+ But I'm along for the ride
Orome
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Do you think .1 or .2 is more realistic price target then?
BPCAg05
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It all depends on how much oil they find. Admittedly I've done very little research on this company because I only spent $500 on this stock. My (most likely waaaay off base) math on the potential is based on a stranger from the internet posting on the RECAF stocktwits page. They estimate for RECAF, the stock price will be worth $50/share for every 1 billion recoverable barrels found. I don't know how they came up with it and oil was closer to $60/barrel at the time, but I took that and compared the outstanding shares of the 2 companies to come up with $.63 for every billion barrels found by EEENF. Again, this is most likely way off base.

Once I see how many barrels EENF finds with this next drill (if any) it will help me determine what I think is the highest this stock can go (short term). I also need to see how much of their land they have explored already versus what they still have planned. If they find oil in this next drill but still are planning a lot more drilling then I'd be more inclined to hold until we know all of the oil they've found.

Therefore, I have zero clue $.10/$.20/$.50/etc. is most likely, but I'm willing to wait it out even if it means it goes to $0. The smarter play would be to at least go net free on the run up this week leading up to them starting drilling and then be stress free waiting on the drilling results.
Orome
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Thanks!
Brian Earl Spilner
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Well EGOC hasn't looked good as of late.
Orome
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Yeah I guess it's literally just a waiting game. I wish there was a way we could check the name change approval's status
Orome
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Also, any RGBP folks here as well? I'm about ready to give up on the stock and take it as a loss.
Maverick06
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I hold EGOC and RGBP.
Orome
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Maverick06 said:

I hold EGOC and RGBP.
Yeah, it's rough out there
Tibbers
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****.
Orome
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That doesn't really narrow down the OTC ticker
LatinAggie1997
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Haven't seen ay news on EGOC. I scour the web and forums and nothing as of now.
South Platte
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Orome said:

That doesn't really narrow down the OTC ticker
Well a single, general expletive is fairly appropriate at this point.
AgEng06
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Any news lately on GVSI? Anyone still in this one?
sts7049
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i still have a handful of shares on the side, no news yet. still in progress by mr sharp
barbacoa taco
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Orome said:

Also, any RGBP folks here as well? I'm about ready to give up on the stock and take it as a loss.
I'm holding RGBP since last summer. I'm ready to give up too but I really dont see a point in selling at this point. I'm just going to wait it out. I havent seen any real positive movement on an OTC stock since the summer.

But RGBP keeps getting good news and PR and the price continues to drop. I dont know what to say.
Spoony Love
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Maverick06 said:

I hold EGOC and RGBP.
I am you and you are me.

EGOC is waiting on ticker change, unless I missed some news

RGBP, what is going on?
Orome
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I'm starting to think Koos was trying to cash in on the Covid/MRNA hype but hasn't been able to find a partner or buyer and EGOC, who knows. It should've had the ticker change by now. In both cases I'm just hoping for one *final* pump to get my cost basis out.

Definitely didn't catch that typo lol
LatinAggie1997
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According to other forums FINRA isslow and behind. Additionally, something was filed last Friday but what is yet to ne determined. A poster that subscribes to the Nevada SOS website got an alert about the filing. Poster said once he knows what it is he will inform.
Spoony Love
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Orome said:

I'm starting to think Koos was trying to cash in on the Covid/MRNA hype but hasn't been able to find a partner or buyer and EGOC, who knows. It should've had the ticker change by now. In both cases I'm just hoping for one Gina pump to get my cost basis out.
Gina pump. LOL
Orome
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1. I hate the board I'm linking to, format and posters are just off... that being said
2. Have y'all heard about the Danforth accusations this poster makes?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167832436

I feel like I've read a discussion about this before, but could not find it. Hoping EGOC is not a big scam by Danforth
Spoony Love
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I remember reading something about this in later 2021. I ight be mistaken but if you research further back on iHub you should find that Danforth (the daughter) has been involved in these types of businesses before and they were above board. Her mom was the problem on unrelated companies.
LatinAggie1997
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Spoony is correct. The person posting that information is well known for always trying to be negative and bashing the stock. The mother was guilty not the daughter.
BenTheGoodAg
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Anyone here follow TGGI?
barbacoa taco
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I've been in TGGI since September. I still believe in it, though it's given me a rollercoaster of emotions since then. Not selling anytime soon.
YourFavAggie
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Never thought I would see a Texags screenshot on stocktwits. But there's on up today on EGOCs page
Eyes of texas Crying
 
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