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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 02/04/2021 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 1,049

Posted
Posted

Something absolutely strange is going on with Level 2 on XMET

It's skipping around full cents and then dropping back down. I've seen a series of trades at .009 to .02 then back to .0095 and then back to .015 then now it's selling on bid.

This can't be just fat fingers or newbies. We're talking $10k+ orders here. 

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Trey3216

Trey3216 15,349

Posted
Posted
4 minutes ago, RCRanger03 said:

Something absolutely strange is going on with Level 2 on XMET

It's skipping around full cents and then dropping back down. I've seen a series of trades at .009 to .02 then back to .0095 and then back to .015 then now it's selling on bid.

This can't be just fat fingers or newbies. We're talking $10k+ orders here. 

It's definitely been odd.  Must be a lot of market orders coming in.  

 

FPVD trying to touch a nickel.   

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RCRanger03

RCRanger03 1,049

Posted
Posted
5 minutes ago, Trey3216 said:

It's definitely been odd.  Must be a lot of market orders coming in.  

There must have been a flood of new traders because this is happening across all my tickers. It's making level2 unusable.

I think I'm going to checkout today, catchup on work. I'll peek back in for power hour and close

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Trey3216

Trey3216 15,349

Posted
Posted
Just now, RCRanger03 said:

There must have been a flood of new traders because this is happening across all my tickers. It's making level2 unusable.

I think I'm going to checkout today, catchup on work. I'll peek back in for power hour and close

# of followers on StockTwits on some of these tickers has doubled or more in the past week.  

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Blotto

Blotto 23,560

Posted
Posted

FPVD is embarrassing the other stocks in my portfolio, followed closely by VPER. COWI is another that i bought blindly at .0007 a couple of weeks ago. Its around .003 after touching .004 this morning. STONKS! I have about 5 more that I bought the last couple of weeks and they are all up anywhere from 50-250%. Ridiculous. 

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Burt Macklin

Burt Macklin 19,038

Posted
Posted
1 minute ago, Hank_Hill said:

Saw an article yesterday that the meme stonkers are turning their eyes on the penny game. Might be part of it.

yeah, I’ve seen a lot of buzz about OTC in the Reddit/retail community. I think there’s gonna be a big influx of cash that will pump some of these stocks even more. Those GME addicts are gonna be looking to find their next 20x investment and OTC is probably their best shot. 

 

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Trey3216

Trey3216 15,349

Posted
Posted
3 minutes ago, Burt Macklin said:

yeah, I’ve seen a lot of buzz about OTC in the Reddit/retail community. I think there’s gonna be a big influx of cash that will pump some of these stocks even more. Those GME addicts are gonna be looking to find their next 20x investment and OTC is probably their best shot. 

 

I just hope I can exact my several pounds of flesh prior to the collapse in some of these names.  

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Hank_Hill

Hank_Hill 18,891

Posted
Posted
1 minute ago, Trey3216 said:

I just hope I can exact my several pounds of flesh prior to the collapse in some of these names.  

Hoping ALPP and TSNP are already too high to be on their radar so they don't fuck with the healthy growth they're experiencing (although don't know how much quicker ALPP could've risen) 

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RCRanger03

RCRanger03 1,049

Posted
Posted
3 minutes ago, Trey3216 said:

I just hope I can exact my several pounds of flesh prior to the collapse in some of these names.  

I can't say I'm not worried about this. 

Just now, Hank_Hill said:

Hoping ALPP and TSNP are already too high to be on their radar so they don't fuck with the healthy growth they're experiencing (although don't know how much quicker ALPP could've risen) 

Palabra

1 minute ago, bluto said:

Bought another pound of shares on alpp at 7.80, how could you not?!?

I love it!

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Blotto

Blotto 23,560

Posted
Posted
2 minutes ago, Trey3216 said:

I just hope I can exact my several pounds of flesh prior to the collapse in some of these names.  

So many of these are going to crash all the way back to where they started. But fuck if I know when. I pulled out 30% of my VPER this morning at a 10X gain, and will likely do the same with FPVD soon. The OTC euphoria is a bit much, lulz. 

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Blotto

Blotto 23,560

Posted
Posted
11 minutes ago, RCRanger03 said:

I just noticed I'm up exactly a penny on my .0002 entry into XMET. We've come a long way little buddy, and this just may be the beginning. 

Its been so long since you've been discussing this one, I forgot what the hell they even do. Is it just basically a shell company looking for a business to merge with? 

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RCRanger03

RCRanger03 1,049

Posted
Posted
4 minutes ago, Blotto said:

Its been so long since you've been discussing this one, I forgot what the hell they even do. Is it just basically a shell company looking for a business to merge with? 

I posted a long overview a few pages back over the weekend if you want the full blown story.

TLDR: Divy Ticker with 8+B overissued shares. David Lazar rehab job, sold for $220k to Chinese Finance/IPO type for R/M. May have a share reduction of those overissued shares.

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