The "Penny Stock are for suckers, you've all been had" posts are every bit as counterprductive as the "GTFO if you aren't on board with this stock being awesome" posts. Both are signals of unwillingness to engage in meaningful discussion. Points about the company and its future, both positive and negative, should be able to be made and discussed without jumping to either of these extremes.
to the guy that recommended abml
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Last: 10 days ago by houstonaggie76
there is plenty of room for contrasting opinions.
to rail on this thread or HA as a pumper is dumb. if you don't know the risks playing with OTCs, you should have never been in it in the first place.
to rail on this thread or HA as a pumper is dumb. if you don't know the risks playing with OTCs, you should have never been in it in the first place.
there will be no meaningful discussions on this thread
it's like having a meaningful discussion about roulette strategy.
Let's just keep piling on HoustonWhatsHisFace
it's like having a meaningful discussion about roulette strategy.
Let's just keep piling on HoustonWhatsHisFace
While I agree with you in principle, the other two types of posts provide lots of entertainment in their own right.
Plenty of good discussion on this thread, but there are a few folks that feel the need to come over here and gloat. Like we all don't already know that these were risky trades. We don't need a reminder. We get it.
Exactly....if he was not a pumper, he would still be here but he is not here because he was pumping a dog.
Next time someone comes in here pumping a stock like it is another Amazon, a penny stock that operates in a 3rd world country, runaway fast as you can.
There are a few folks on this board that can read the stock charts and predict right more so than wrong. I am not one of these guys, but they are around here and have been for years. Read along with them, I have done quite well following their advise.
Next time someone comes in here pumping a stock like it is another Amazon, a penny stock that operates in a 3rd world country, runaway fast as you can.
There are a few folks on this board that can read the stock charts and predict right more so than wrong. I am not one of these guys, but they are around here and have been for years. Read along with them, I have done quite well following their advise.
It's not like he just joined TexAgs. He's been on the site for 5 years. Who knows why he stopped posting altogether. Hopefully he's okay.
Thanks, really needed your input once again.Ubitag said:
Exactly....if he was not a pumper, he would still be here but he is not here because he was pumping a dog.
Next time someone comes in here pumping a stock like it is another Amazon, a penny stock that operates in a 3rd world country, runaway fast as you can.
There are a few folks on this board that can read the stock charts and predict right more so than wrong. I am not one of these guys, but they are around here and have been for years. Read along with them, I have done quite well following their advise.
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I seriously doubt the volume HA may have generated from discussing these stocks on this site materially effected anything to the positive or negative. Right?
I bought in and averaged down but only with money I was willing to part with.
Free seeds for everyone!!!!
I bought in and averaged down but only with money I was willing to part with.
Free seeds for everyone!!!!
BMIX in particularly has actually provided plenty of opportunity over the last few weeks to average price down for those that bought high and sell out at profit. I am not seeing a pump and dump here by any stretch.
third coast.. said:I think it is more than that. I think a large part is due to the fact that HA has all but disappeared from the board after the stocks he was touting have tanked. If he was still on here after the dump I think the tone of the thread would be completely different. I think there are a lot of people on here that usually dont play the market that jumped in to these stocks as well because they were being pumped on at least one other board as well. Couple that with the fact that HA is a relative unknown on TA and it there are just too many things that are ripe for the picking, so to speak.Jet Black said:
Plenty of good discussion on this thread, but there are a few folks that feel the need to come over here and gloat. Like we all don't already know that these were risky trades. We don't need a reminder. We get it.
HA bailing is a big part of it, but even before he disappeared he was a big reason why practical discussion failed. Any posts questioning his opinions about the company, or citing evidence contrary to what he said was met with argumentative dismissals, accusations towards motives, and at times flat out insults.
I found myself in his crosshairs a few times after digging into his claims and finding that they weren't quite as advertised, and there are a few posters that I think just like to join in a dogpile once one starts, and eventually I gave up sharing my opinions because I got tired of the blowback.
I kept following the company though because I do think there is going to be a growing need for domestic lithium production, and I think ABML has enough positive attrbutes to warrant keeping an eye on. But at the moment, I think its WAY overvalued, and underfunded, which means they're either about to take on mountains of debt, or dilute the crap out of their shareholders. And I want to see how they're going to fund their growth/construction and let the valuation adjust accordingly before I decide if it's going to be a good play for me to participate or not.
BMIX has potential but nothing special.....we ain't getting off crude oil for at least another 20 years, maybe longer, this green stock crap is nothing more than like the dot com fad a few years ago.
Stick with XOM, Phillips, Holly, Marathon, Valero, NS, etc. they will continue to grow as the economic grows. Notice how more and more stations are closing pumps due to being out. Notice the price for gasoline has gone up 20% in the last 45 days?
Summer is coming, look at LUV.
Stick with XOM, Phillips, Holly, Marathon, Valero, NS, etc. they will continue to grow as the economic grows. Notice how more and more stations are closing pumps due to being out. Notice the price for gasoline has gone up 20% in the last 45 days?
Summer is coming, look at LUV.
Agree to a large point and why I own some of the stocks you mentioned with money that matters to me. I was and am happy to invest small potatoes in ABML and BMIX in case there is a short term POP given we are in a Biden run administration for another 3.8 years and they will continue to push the EV expansion.Ubitag said:
BMIX has potential but nothing special.....we ain't getting off crude oil for at least another 20 years, maybe longer, this green stock crap is nothing more than like the dot com fad a few years ago.
Stick with XOM, Phillips, Holly, Marathon, Valero, NS, etc. they will continue to grow as the economic grows. Notice how more and more stations are closing pumps due to being out. Notice the price for gasoline has gone up 20% in the last 45 days?
Summer is coming, look at LUV.
Ubitaq or whatever it is, is a ********. Looking at his posting history. We are all adults. We know the risks. We don't constantly need to be reminded of it.
Jet Black said:
Ubitaq or whatever it is, is a ********. Looking at his posting history. We are all adults. We know the risks. We don't constantly need to be reminded of it.
To be fair, we dont need to be reminded about your thoughts about him on every other page of the thread either.
When he stops, I'll stop.
And that's why I find all of this laughable. HA may have been wrong, time will tell, but there is no way anything that was done by people on this site moved anything. To think that some dude was trying to pump up a stock by posting about it on TexAgs, as if that would move the needle at all, is almost absurd. And yes, I own some ABML, not enough to lose any sleep over though. It was speculative, as all penny stocks are. There are no guarantees.Chinook Seedery said:
I seriously doubt the volume HA may have generated from discussing these stocks on this site materially effected anything to the positive or negative. Right?
I bought in and averaged down but only with money I was willing to part with.
Free seeds for everyone!!!!
This guy gets it.jtraggie99 said:And that's why I find all of this laughable. HA may have been wrong, time will tell, but there is no way anything that was done by people on this site moved anything. To think that some dude was trying to pump up a stock by posting about it on TexAgs, as if that would move the needle at all, is almost absurd. And yes, I own some ABML, not enough to lose any sleep over though. It was speculative, as all penny stocks are. There are no guarantees.Chinook Seedery said:
I seriously doubt the volume HA may have generated from discussing these stocks on this site materially effected anything to the positive or negative. Right?
I bought in and averaged down but only with money I was willing to part with.
Free seeds for everyone!!!!
HA recommended ABML on here when it was a penny stock, and it shot up to $3. He recommended to buy BMIX on a Monday, and it shot up 700% that Monday. The guy obviously knows something. Not like he's pumping Up stocks that Haven't done anything.
I think Ubitag is a richard also, but he's right about LUV.
I don't think Houston was intentionally pumping the stock. I just think he got caught up in the pump.
In hindsight, and after watching the interview with Doug Cole, (and I fully admit this is entirely speculation on my part) I think the company engaged in a marketing campaign to get their name out there and drive interest and investment to get their share price up enough to uplist to Nasdaq. I think they were hoping enough people would buy in and hold to maintain a high enough share price to stay on Nasdaq through their next round of stock issuance, to give themselves easier access to a larger pool of investers paying higher share prices, and thus be able to raise more cash with less dilution than they could with OTC issuance.
I think the plan failed when people who jumped in to ride the wave realized they have no revenue and no infrastructure to generate revenue and bailed. I think Doug Cole is mad about it and trying to put a rosy spin on things, but also knows he's about to have a much harder time than he hoped raising funds for their construction. His interview the other day was not reassuring in the least, he seemed flustered, irritated, and evasive, and I wouldn't be terribly surprised if he gets replaced at some point in the near future.
Just my two cents based on how the last few months have played out.
In hindsight, and after watching the interview with Doug Cole, (and I fully admit this is entirely speculation on my part) I think the company engaged in a marketing campaign to get their name out there and drive interest and investment to get their share price up enough to uplist to Nasdaq. I think they were hoping enough people would buy in and hold to maintain a high enough share price to stay on Nasdaq through their next round of stock issuance, to give themselves easier access to a larger pool of investers paying higher share prices, and thus be able to raise more cash with less dilution than they could with OTC issuance.
I think the plan failed when people who jumped in to ride the wave realized they have no revenue and no infrastructure to generate revenue and bailed. I think Doug Cole is mad about it and trying to put a rosy spin on things, but also knows he's about to have a much harder time than he hoped raising funds for their construction. His interview the other day was not reassuring in the least, he seemed flustered, irritated, and evasive, and I wouldn't be terribly surprised if he gets replaced at some point in the near future.
Just my two cents based on how the last few months have played out.
I have held off posting for sometime to collect my thoughts and see if things "may turn around".
I feel both silly and embarrassed. I took the bait hook, line, and sinker. I have not participated in the market in years-mostly because I think the game is very much rigged against the little guy. I have lost my ass before and I said never again. Well, three years later here I am.
To me, HA represented someone with insider knowledge of both the industry and companies. Knowledge that may not be available to the average joe. I also thought... hmmm no way he would come on here and screw over fellow Aggies. Afterall, that isnt something we do to one another.
I invested (and so far lost) much more than play money. Not looking for sympathy. Nobody put a gun to my head. Its me that has to live with the fact that I kind of screwed over my kids. Ironically it was their college expenses that was the reason behind me getting on board. At this point I am down around 50% and uncertain what to do next.
I feel both silly and embarrassed. I took the bait hook, line, and sinker. I have not participated in the market in years-mostly because I think the game is very much rigged against the little guy. I have lost my ass before and I said never again. Well, three years later here I am.
To me, HA represented someone with insider knowledge of both the industry and companies. Knowledge that may not be available to the average joe. I also thought... hmmm no way he would come on here and screw over fellow Aggies. Afterall, that isnt something we do to one another.
I invested (and so far lost) much more than play money. Not looking for sympathy. Nobody put a gun to my head. Its me that has to live with the fact that I kind of screwed over my kids. Ironically it was their college expenses that was the reason behind me getting on board. At this point I am down around 50% and uncertain what to do next.
John Francis Donaghy said:
I don't think Houston was intentionally pumping the stock. I just think he got caught up in the pump.
In hindsight, and after watching the interview with Doug Cole, (and I fully admit this is entirely speculation on my part) I think the company engaged in a marketing campaign to get their name out there and drive interest and investment to get their share price up enough to uplist to Nasdaq. I think they were hoping enough people would buy in and hold to maintain a high enough share price to stay on Nasdaq through their next round of stock issuance, to give themselves easier access to a larger pool of investers paying higher share prices, and thus be able to raise more cash with less dilution than they could with OTC issuance.
I think the plan failed when people who jumped in to ride the wave realized they have no revenue and no infrastructure to generate revenue and bailed. I think Doug Cole is mad about it and trying to put a rosy spin on things, but also knows he's about to have a much harder time than he hoped raising funds for their construction. His interview the other day was not reassuring in the least, he seemed flustered, irritated, and evasive, and I wouldn't be terribly surprised if he gets replaced at some point in the near future.
Just my two cents based on how the last few months have played out.
If they had a real bench test demonstration as they claim that shows the technology works, they'd be flooded with investors. I don't think they've actually demonstrated the technology.
Curious, what levels did you get in at?BoDog said:
I have held off posting for sometime to collect my thoughts and see if things "may turn around".
I feel both silly and embarrassed. I took the bait hook, line, and sinker. I have not participated in the market in years-mostly because I think the game is very much rigged against the little guy. I have lost my ass before and I said never again. Well, three years later here I am.
To me, HA represented someone with insider knowledge of both the industry and companies. Knowledge that may not be available to the average joe. I also thought... hmmm no way he would come on here and screw over fellow Aggies. Afterall, that isnt something we do to one another.
I invested (and so far lost) much more than play money. Not looking for sympathy. Nobody put a gun to my head. Its me that has to live with the fact that I kind of screwed over my kids. Ironically it was their college expenses that was the reason behind me getting on board. At this point I am down around 50% and uncertain what to do next.
I'd like to respectfully disagree a bit, if for no other reason than to play Devil's Advocate. Assuming this guy only pimped the stock on here, I agree with you and you're probably correct.jtraggie99 said:And that's why I find all of this laughable. HA may have been wrong, time will tell, but there is no way anything that was done by people on this site moved anything. To think that some dude was trying to pump up a stock by posting about it on TexAgs, as if that would move the needle at all, is almost absurd. And yes, I own some ABML, not enough to lose any sleep over though. It was speculative, as all penny stocks are. There are no guarantees.Chinook Seedery said:
I seriously doubt the volume HA may have generated from discussing these stocks on this site materially effected anything to the positive or negative. Right?
I bought in and averaged down but only with money I was willing to part with.
Free seeds for everyone!!!!
But if the efforts made to drum up support here were part of efforts made on different internet forums/social media platforms, then it could easily have moved the needle.
I have no idea when the original tip that the OP refers to was made, but when this thing was trading at $0.20 and had ~3 Mil in volume a day, that's only $600k in total transactions a day... it wouldn't take too much money slapping the ask to get the ball rolling in a positive direction.
And I don't mean to offer this as an "I told you so" - in fact, I think it's possible for more growth here. I don't touch OTCs but I don't blame anyone for getting into this. But I do think manipulation is absolutely possible and the attitude of "there's not enough volume on TexAgs" is certainly logical in a vacuum, but entities make coordinated grassroots social media efforts all the time.
deadbq03 said:I'd like to respectfully disagree a bit, if for no other reason than to play Devil's Advocate. Assuming this guy only pimped the stock on here, I agree with you and you're probably correct.jtraggie99 said:And that's why I find all of this laughable. HA may have been wrong, time will tell, but there is no way anything that was done by people on this site moved anything. To think that some dude was trying to pump up a stock by posting about it on TexAgs, as if that would move the needle at all, is almost absurd. And yes, I own some ABML, not enough to lose any sleep over though. It was speculative, as all penny stocks are. There are no guarantees.Chinook Seedery said:
I seriously doubt the volume HA may have generated from discussing these stocks on this site materially effected anything to the positive or negative. Right?
I bought in and averaged down but only with money I was willing to part with.
Free seeds for everyone!!!!
But if the efforts made to drum up support here were part of efforts made on different internet forums/social media platforms, then it could easily have moved the needle.
I have no idea when the original tip that the OP refers to was made, but when this thing was trading at $0.20 and had ~3 Mil in volume a day, that's only $600k in total transactions a day... it wouldn't take too much money slapping the ask to get the ball rolling in a positive direction.
And I don't mean to offer this as an "I told you so" - in fact, I think it's possible for more growth here. I don't touch OTCs but I don't blame anyone for getting into this. But I do think manipulation is absolutely possible and the attitude of "there's not enough volume on TexAgs" is certainly logical in a vacuum, but entities make coordinated grassroots social media efforts all the time.
If he was part of something bigger and this was not simply about posts on here, then sure, it's certainly possible. But if that's someone's grand plan, posting about it on here to try and move the price seems like fairly small potatoes and your time and energy could be better spent elsewhere. But anything is possible.....I just personally think it's unlikely. Who knows though....
I'm really sorry to hear that.
Position sizing and risk management is key to successful investing and staying in the game long term.
I recommend "Fooled by Randomness" by Nassim Taleb. I wouldn't give up hope since investment really isn't rigged. But there are snakes out there.
If you have done any study of influence or have experience with persuasion and con men techniques, then I think HA's posts present some red flags. I cast a lot of doubt on HA.
It may seem counter intuitive but being hyper detailed is one sign. And another sign is HA dropping the stock ticker over on the politics board and saying that he works for a hedge fund, that is a bit out of the norm and other posters called him out. Other details being dropped like specific numbers, personal details, reminded me a lot of MF Barnes socks. If you don't know, MF Barnes is a notorious internet con man who has fooled this board multiple times. Not saying HA is MF Barnes, but it wouldn't shock me.
Online you really cannot know if anyone is telling the truth, and you need to verify as best you can with your own research. Myself and others shared what we could find to pose a counter perspective demonstrating that what is actually public doesn't look great. And also to remind people to only take small positions.
Another good book that explains what actually makes a good stock to own is "One Up On Wall Street" by Peter Lynch.
If you were to compare ABML to the basics in that text, you would find ABML is extremely high risk with price action completely disconnected from the company's financials or news releases.
There was a famous con man who sold France's Eiffel Tower, multiple times. Really he couldn't sell the Eiffel Tower, but his fleeced targets believed they were buying it. The bigger the lie sometimes the easier it is to sell, that's one principle of con artistry.
Check out Coffeezilla on YouTube. He exposes so many online scammers, it really helps you learn to spot scams.
Position sizing and risk management is key to successful investing and staying in the game long term.
I recommend "Fooled by Randomness" by Nassim Taleb. I wouldn't give up hope since investment really isn't rigged. But there are snakes out there.
If you have done any study of influence or have experience with persuasion and con men techniques, then I think HA's posts present some red flags. I cast a lot of doubt on HA.
It may seem counter intuitive but being hyper detailed is one sign. And another sign is HA dropping the stock ticker over on the politics board and saying that he works for a hedge fund, that is a bit out of the norm and other posters called him out. Other details being dropped like specific numbers, personal details, reminded me a lot of MF Barnes socks. If you don't know, MF Barnes is a notorious internet con man who has fooled this board multiple times. Not saying HA is MF Barnes, but it wouldn't shock me.
Online you really cannot know if anyone is telling the truth, and you need to verify as best you can with your own research. Myself and others shared what we could find to pose a counter perspective demonstrating that what is actually public doesn't look great. And also to remind people to only take small positions.
Another good book that explains what actually makes a good stock to own is "One Up On Wall Street" by Peter Lynch.
If you were to compare ABML to the basics in that text, you would find ABML is extremely high risk with price action completely disconnected from the company's financials or news releases.
There was a famous con man who sold France's Eiffel Tower, multiple times. Really he couldn't sell the Eiffel Tower, but his fleeced targets believed they were buying it. The bigger the lie sometimes the easier it is to sell, that's one principle of con artistry.
Check out Coffeezilla on YouTube. He exposes so many online scammers, it really helps you learn to spot scams.
This thread is hilarious. Of the two stocks HA touted, one was an actual sub-penny stock. We are all adults here and should be responsible for our life choices. The entire market has been hammered. I'm just as down percentage wise with AAPL and I am ABML I don't see HA being any different then MrZachMorris. The stock market is risky. If you can't stand the risk, put it in mutual funds or bonds.
Thanks for stating the obvious, PJF. You completely missed my point.
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