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Penny stock thread split

Wally Fairway

By Wally Fairway
in Business and Markets

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Should there be a separate Penny Stonk thread?  

58 members have voted

  1. 1. Speaketh yer mind Surlites

    • Keep everything in the Stonk thread
      12
    • Make a new thread focused on Penny Stonks
      19
    • Whatever RCRanger says is good by me
      14
    • I'm good either way
      8
    • Dickbutt - tree fiddy - OUsux - I just wanted to vote
      4

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  • Poll closed on 02/04/21 at 05:00 AM

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RCRanger03
RCRanger03

Not bad advice, but no worries here. I'm just an internet stranger lol. When I can I'll help put out information about when and where to get in on the bottom floor, or when catalysts look to take it t

CooterBrown
CooterBrown
RCRanger03
RCRanger03

NVSOS is where it gets filed and FINRA is where it is enacted. If/When an R/S is done you'll see it show up here - https://otce.finra.org/otce/dailyList Apparently I got more than just yall into XM

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RCRanger03

RCRanger03 1049

Posted
Posted

Looks like somebody accidently market sold 8k shares of XMET AT $0.015 TECHNICALLY breaking a penny for the first time, but resistance is still holding. If it does break officially then expect a fast run up and them a cascade of sells. Always happens on pennybreaks

Expect midday dips on everything running now that it's leveling off. Afyernoon will tell is where we are

Good job everyone who was ballsy enough to buy the SNVP test of .005 support. I had $5k to buy at the bottom but it didn't fill

Sent from my SM-G970U using Tapatalk



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PatrickMcHorn

PatrickMcHorn 376

Posted
Posted (edited)
8 minutes ago, RCRanger03 said:

Looks like somebody accidently market sold 8k shares of XMET AT $0.015 TECHNICALLY breaking a penny for the first time, but resistance is still holding. If it does break officially then expect a fast run up and them a cascade of sells. Always happens on pennybreaks

Expect midday dips on everything running now that it's leveling off. Afyernoon will tell is where we are

Good job everyone who was ballsy enough to buy the SNVP test of .005 support. I had $5k to buy at the bottom but it didn't fill

Sent from my SM-G970U using Tapatalk


 

What's a typical run in these cases if you're looking to sell?  I'm sure it varies considerably, but if you're looking to sell too, are we talking $0.02, or more like $0.012?

Edited by PatrickMcHorn
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RCRanger03

RCRanger03 1049

Posted
Posted
5 minutes ago, PatrickMcHorn said:

What's a typical run in these cases if you're looking to sell?  I'm sure it varies considerably, but if you're looking to sell too, are we talking $0.02, or more like $0.012?

I doubt to .02 without an injection of news, but it's very volatile right now so maybe

.012 makes sense as attainable, or as high on at .015 is a better range. 

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RCRanger03

RCRanger03 1049

Posted
Posted

PFMS taking a beating today, but it's on low volume. Keeping in that mind if you're willing to wait that low volume take downs can go back up just as fast. I'm still holding and haven't taken the intial investment out (which is strange for me), but I'm still very bullish on the potential R/M partner

Might be a day to avg down if you're in high or accumulate and avg up if you're in low.

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nycHorn

nycHorn 3006

Posted
Posted
PFMS taking a beating today, but it's on low volume. Keeping in that mind if you're willing to wait that low volume take downs can go back up just as fast. I'm still holding and haven't taken the intial investment out (which is strange for me), but I'm still very bullish on the potential R/M partner
Might be a day to avg down if you're in high or accumulate and avg up if you're in low.

I grabbed a little more at .007 level.
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ZB'Tejas

ZB'Tejas 593

Posted
Posted
1 minute ago, RCRanger03 said:

PFMS taking a beating today, but it's on low volume. Keeping in that mind if you're willing to wait that low volume take downs can go back up just as fast. I'm still holding and haven't taken the intial investment out (which is strange for me), but I'm still very bullish on the potential R/M partner

Might be a day to avg down if you're in high or accumulate and avg up if you're in low.

Was watching that too. I only dipped my toe in early on so may look to double that position on this dip. I think I'll sell a little $FPVD here as well

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ChickenSandwich

ChickenSandwich 9831

Posted
Posted (edited)
14 minutes ago, TexasHooch said:

Aaaand now all that's gone.  I have some $$$ to play with but I'm going to have to warm up to these penny stocks.  I might not have the stones.

Take your free shares when you can and enjoy the rollercoaster after

got in BBRW on Friday. Up 177% since purchase, missed INND

Edited by ChickenSandwich
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BTW

BTW 370

Posted
Posted
2 minutes ago, BLKNSTY said:

Lots of chatter on ERPNF, anyone familiar? Not the stonkiest of the bunch but in the lithium space with production/processing right smack dab in the middle of the German car manufacturers.


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I just came across ERPNF myself.  It looks like it hit an ATH today and technically isn't a "penny" stock at it's current price of $1.32, but it did open the day under a dollar so I guess it's fringy. 

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dingleberryswitzer

dingleberryswitzer 2724

Posted
Posted
9 minutes ago, BLKNSTY said:

Lots of chatter on ERPNF, anyone familiar? Not the stonkiest of the bunch but in the lithium space with production/processing right smack dab in the middle of the German car manufacturers.


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I've had confirmation by no less than 4 posts on this thread that's it's not the stonkiest, but it IS close to several German car manufacturer.

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CooterBrown

CooterBrown 18005

Posted
Posted
33 minutes ago, Coach pop a bitch said:

I have never been into stocks but after having been an idiot and throwing money wildly into amc. I sold and did a bit of research. I still don't know what the hell im doing but threw some cash to aitx and ozsc. 

As long as we can keep RCRanger and Harrison Stafford alive, happy, and engaged, we don't need to know shit.  

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dingleberryswitzer

dingleberryswitzer 2724

Posted
Posted

I know a few of you use Fidelity, and I'm having issues buying some these.  I went and acknowledged the penny stock risks and all that.  I can find the stock symbols in their order form.  But when I go to place an order it says I don't have the cash to buy it... When I most obviously do.  In fact I got to the confirm stage on a "normal" stock.  

Is there some trick or combination of setting? 

Another time it said they wouldnt do orders of less than a $1 per share, when some of them were more than $1.  

I guess I wish there was just more explanation.  Like if they aren't gonna let me do it say so, don't tell me there's a paper jam when is no paper jam.  (Btw were talking like ~$100 total, no high roller here)

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