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to the guy that recommended abml

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Orlando Ayala Cant Read
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In reply to Bob Knights Paper Hands • 4:48p, 1/26/21
AG
Bob Knights Liver said:
If you are new to trading I would HIGHLY suggest you not trade penny stocks. The most manipulated legal gambling you can do from a brokerage account. If you feel like gambling with you let money fine, but don't put anything in that you don't mind losing. Because 9 times out of 10 you will. The hope appears to be that the 1 time pays out enough to cover the other losses.


100%.

Only invest what you can lose in pennies.

Also, my personal rule is I rarely invest in pennies that do not have revenue. If the company has some revenue (as opposed to being completely speculative or waiting on FDA approval in the case of bios or whatever) then you have a better chance of those pennies paying off. Also, as I've noted a couple of times on the main stocks thread my personal criteria when looking at pennies is this:

-Revenues
-Revenues that are more than MC (if its by a lot, and if the chart shows better past days its attractive)
-Low float
-Decent balance sheet
-I prefer American or Canadian companies but I do have a couple of risky overseas Chinese stocks too but have very little in those.


Pennies in general are risky, and by no means am I saying that if the above criteria is met you aren't exposing yourself to risk, I'm just saying by playing the above criteria you have less risk compared to totally speculative companies that are getting pumped or manipulated for whatever reason and by whatever element.

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LatinAggie1997
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In reply to HoustonAggie37713 • 5:10p, 1/26/21
AG
HoustonAggie37713 said:
Bob Knights Liver said:
If you are new to trading I would HIGHLY suggest you not trade penny stocks. The most manipulated legal gambling you can do from a brokerage account. If you feel like gambling with you let money fine, but don't put anything in that you don't mind losing. Because 9 times out of 10 you will. The hope appears to be that the 1 time pays out enough to cover the other losses.


For new investors this is good advice. Penny stocks are a small percentage of my dollars invested and I research them for weeks before I invest.

I'd also like to pony out that ABML (soon to be ABTC) will be on nasdaq soon.



1. Forgive my ignorance.
2. What is our move that have ABML, is there something we need to know amd do, or it all merely handles itself?
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HoustonAggie37713
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In reply to LatinAggie1997 • 5:14p, 1/26/21
LatinAggie1997 said:
HoustonAggie37713 said:
Bob Knights Liver said:
If you are new to trading I would HIGHLY suggest you not trade penny stocks. The most manipulated legal gambling you can do from a brokerage account. If you feel like gambling with you let money fine, but don't put anything in that you don't mind losing. Because 9 times out of 10 you will. The hope appears to be that the 1 time pays out enough to cover the other losses.


For new investors this is good advice. Penny stocks are a small percentage of my dollars invested and I research them for weeks before I invest.

I'd also like to pony out that ABML (soon to be ABTC) will be on nasdaq soon.



1. Forgive my ignorance.
2. What is our move that have ABML, is there something we need to know amd do, or it all merely handles itself?


I can't tell you what to do. I'm holding long. I'm not selling and I have the resolve to wait all the robinhood panic selling until it's over. They are building a plant that will produce $200 million per year in revenue. They have world class talent. All the things I posted in the first 4 pages of this thread hold true.
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LatinAggie1997
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In reply to HoustonAggie37713 • 5:21p, 1/26/21
AG
My apologies, I meant if we ja e shares in ABML amd it turns into ABTC on Nasdaq.

Do we have e to do something or nothing?
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sts7049
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In reply to LatinAggie1997 • 5:30p, 1/26/21
AG
you shouldnt have to do anything. your holding will change over
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LatinAggie1997
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In reply to sts7049 • 5:33p, 1/26/21
AG
Ok, what i needed to know but failed to communicate that effectively to HouAg.

Thanks.
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SquareOne07
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In reply to HoustonAggie37713 • 5:38p, 1/26/21
AG
HoustonAggie37713 said:
LatinAggie1997 said:
HoustonAggie37713 said:
Bob Knights Liver said:
If you are new to trading I would HIGHLY suggest you not trade penny stocks. The most manipulated legal gambling you can do from a brokerage account. If you feel like gambling with you let money fine, but don't put anything in that you don't mind losing. Because 9 times out of 10 you will. The hope appears to be that the 1 time pays out enough to cover the other losses.


For new investors this is good advice. Penny stocks are a small percentage of my dollars invested and I research them for weeks before I invest.

I'd also like to pony out that ABML (soon to be ABTC) will be on nasdaq soon.



1. Forgive my ignorance.
2. What is our move that have ABML, is there something we need to know amd do, or it all merely handles itself?


I can't tell you what to do. I'm holding long. I'm not selling and I have the resolve to wait all the robinhood panic selling until it's over. They are building a plant that will produce $200 million per year in revenue. They have world class talent. All the things I posted in the first 4 pages of this thread hold true.
So what sort of upside do you see in this? It's @ 3.98 now...any clue where you see this going, even over the long term and not trying to expect a sort of rise like we've seen since Dec?
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HoustonAggie37713
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In reply to SquareOne07 • 5:40p, 1/26/21
SquareOne07 said:
HoustonAggie37713 said:
LatinAggie1997 said:
HoustonAggie37713 said:
Bob Knights Liver said:
If you are new to trading I would HIGHLY suggest you not trade penny stocks. The most manipulated legal gambling you can do from a brokerage account. If you feel like gambling with you let money fine, but don't put anything in that you don't mind losing. Because 9 times out of 10 you will. The hope appears to be that the 1 time pays out enough to cover the other losses.


For new investors this is good advice. Penny stocks are a small percentage of my dollars invested and I research them for weeks before I invest.

I'd also like to pony out that ABML (soon to be ABTC) will be on nasdaq soon.



1. Forgive my ignorance.
2. What is our move that have ABML, is there something we need to know amd do, or it all merely handles itself?


I can't tell you what to do. I'm holding long. I'm not selling and I have the resolve to wait all the robinhood panic selling until it's over. They are building a plant that will produce $200 million per year in revenue. They have world class talent. All the things I posted in the first 4 pages of this thread hold true.
So what sort of upside do you see in this? It's @ 3.98 now...any clue where you see this going, even over the long term and not trying to expect a sort of rise like we've seen since Dec?
I see enormous upside. Definite risks like with any small company but this is the right idea with political winds behind us.
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SquareOne07
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In reply to HoustonAggie37713 • 5:41p, 1/26/21
AG
HoustonAggie37713 said:
SquareOne07 said:
HoustonAggie37713 said:
LatinAggie1997 said:
HoustonAggie37713 said:
Bob Knights Liver said:
If you are new to trading I would HIGHLY suggest you not trade penny stocks. The most manipulated legal gambling you can do from a brokerage account. If you feel like gambling with you let money fine, but don't put anything in that you don't mind losing. Because 9 times out of 10 you will. The hope appears to be that the 1 time pays out enough to cover the other losses.


For new investors this is good advice. Penny stocks are a small percentage of my dollars invested and I research them for weeks before I invest.

I'd also like to pony out that ABML (soon to be ABTC) will be on nasdaq soon.



1. Forgive my ignorance.
2. What is our move that have ABML, is there something we need to know amd do, or it all merely handles itself?


I can't tell you what to do. I'm holding long. I'm not selling and I have the resolve to wait all the robinhood panic selling until it's over. They are building a plant that will produce $200 million per year in revenue. They have world class talent. All the things I posted in the first 4 pages of this thread hold true.
So what sort of upside do you see in this? It's @ 3.98 now...any clue where you see this going, even over the long term and not trying to expect a sort of rise like we've seen since Dec?
I see enormous upside. Definite risks like with any small company but this is the right idea with political winds behind us.
So buy tomorrow's dip!
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HoustonAggie37713
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5:44p, 1/26/21
Everyone has different financial needs and goals. I'm in this long term. I'm up huge and have not and will not sell a share. I'm an investor not a day trader. If you don't understand volatility and you are trying to day trade these plays, you might as well go to a casino.

I want to be in lithium plays and I picked these two because I like their vision, the people involved, and the timing.
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LatinAggie1997
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5:49p, 1/26/21
AG
Curious... to those whom might answer,

Knowing the OTC risk (and possible upside) and maintaining personal fiscal discipline, how many shares is the "magic number" to simply wait and see where it goes?

I only have 190 ABML and 12,000 BMIX.

I will probably ride it til the wheels fall off, receive advice on here to close my positions, or the wheels turn gold.
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FTAG 2000
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In reply to LatinAggie1997 • 6:44p, 1/26/21
AG
LatinAggie1997 said:
Curious... to those whom might answer,

Knowing the OTC risk (and possible upside) and maintaining personal fiscal discipline, how many shares is the "magic number" to simply wait and see where it goes?

I only have 190 ABML and 12,000 BMIX.

I will probably ride it til the wheels fall off, receive advice on here to close my positions, or the wheels turn gold.
oldarmy1 (see stock thread) is a proponent of net free trading.

Conceptually:

You buy x shares at a given price. When the price doubles you sell half your shares (plus a little more - whatever you need to cover trade fees / taxes).

Then the rest you ride net free and see where it goes. Obviously you could cash out at any point on those, but if you truly want to let it ride and see where it all ends up, that's a risk free way of doing it.

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HoustonAggie37713
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6:52p, 1/26/21
https://drive.google.com/file/d/1Te0eRBNv61yXceC27_SmGn57Dm1V8PgB/view

Investment thesis for ABML for those who are to lazy to read the whole thread.
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Jet Black
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6:57p, 1/26/21
I usually consider going net free when I have a larger sum invested. Small sum I usually let it ride.
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FTAG 2000
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7:08p, 1/26/21
AG
nvm
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Jet Black
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7:25p, 1/26/21
Looks like the BMIX price corrected back to the closing price.
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Ogre09
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7:56p, 1/26/21
AG
So what's the buy point for tomorrow morning on ABML? Still haven't jumped in.
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TravelAg2004
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In reply to Ogre09 • 8:47p, 1/26/21
AG
Looking at most timeframe charts (10m, 15m, 30m, 1h, 78m) all seem to be consolidating around 3.90. If you can get in below that, probably a good buy assuming you think it's going to keep going up.

Personally, I think it'll keep going up considering the small time frame charts and the longer daily charts all show positive momentum in the last few bars. But anything could happen, so who really knows.
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Orlando Ayala Cant Read
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9:04p, 1/26/21
AG
OP do you have an opinion on $sthc?
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TexAgs91
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In reply to Ogre09 • 9:23p, 1/26/21
AG
Ogre09 said:
So what's the buy point for tomorrow morning on ABML? Still haven't jumped in.
If you're holding it for the long term, it probably doesn't matter much
"Freedom is never more than one election away from extinction"
Fight! Fight! Fight!
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mountaindew
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10:30p, 1/26/21
IslandAg76
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In reply to HoustonAggie37713 • 10:54p, 1/26/21
AG
Roughly 300 million shares of BMIX out and you own 5 million of them.

Soon a seat on the board.
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HoustonAggie37713
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In reply to IslandAg76 • 6:45a, 1/27/21
IslandAg76 said:
Roughly 300 million shares of BMIX out and you own 5 million of them.

Soon a seat on the board.


The CEO has 365,000,000 shares. So I'm not sure you're correct. But I'm grateful regardless.
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HoustonAggie37713
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6:45a, 1/27/21
Biden climate speech today. Lithium and EV's will be mentioned.
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Baron von Bulsh
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6:59a, 1/27/21
I just saw this thread overnight. Did I miss the boat? I'm more than content to hold for a long time.
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HoustonAggie37713
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7:13a, 1/27/21
https://www.reddit.com/r/pennystocks/comments/ki5ugv/master_due_diligence_primer_abml/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

Reminder on some of the factors that caused this run up in ABML.
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Ogre09
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7:30a, 1/27/21
AG
Set an ABML buy at $3.90 to jump in.

And set a BMIX sell at $.08 to sell half my shares and go net zero.
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HoustonAggie37713
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7:49a, 1/27/21
I think all the reddit attention may hurt other penny stocks like ABML and BMIX if you are trying to day trade those two. Wild day ahead.
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South Platte
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In reply to HoustonAggie37713 • 8:26a, 1/27/21
HoustonAggie37713 said:
I think all the reddit attention may hurt other penny stocks like ABML and BMIX if you are trying to day trade those two. Wild day ahead.
Fantastic. Maybe I'll actually get dressed and brush my teeth today.
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YouBet
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In reply to Jet Black • 8:28a, 1/27/21
AG
Jet Black said:
I usually consider going net free when I have a larger sum invested. Small sum I usually let it ride.
This makes sense to me. If it's just small sums then who cares what happens. I view small sums on penny stocks like I do Vegas....it's an entertainment expense using discretionary funds that you are going to spend and never see again. They should not be viewed as part of your portfolio.

If you win, fantastic. If you don't, then it was fun betting at the tables and hopefully you got enough free drinks and some good eye candy to look at.
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Petrino1
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8:52a, 1/27/21
ABML down to $3.5 this morning. I would love to buy more shares but my Ally account has crashed!
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HoustonAggie37713
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8:52a, 1/27/21
Exchange and several brokers crashing. I can't even get into Ameritrade.
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TexAgs91
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8:52a, 1/27/21
AG
BMIX and the rest of my stocks are dropping, what's going on?
"Freedom is never more than one election away from extinction"
Fight! Fight! Fight!
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Orlando Ayala Cant Read
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8:54a, 1/27/21
AG
Would 3-4 stocks , AMC, BB, GME, etc... be causing all the trading platforms to crash? This is bizarre. Or could we be seeing a larger crisis?
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LatinAggie1997
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8:54a, 1/27/21
AG
Can't buy the dip...can't close positions...because services crashed...seemingly because Wall St doesn't like what Reddit did....pissed off.
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