Penny Stock Thread

379,146 Views | 3015 Replies | Last: 2 yr ago by LatinAggie1997
Kampfers
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4:22p, 4/30/21
https://www.prnewswire.com/news-releases/ozop-energy-ozsc-secures-2-1-million-in-purchase-orders-for-photo-voltaic-energy-system-components-301281352.html
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aggiedad20
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5:41p, 4/30/21
https://www.investorsunderground.com/penny-stock-trading-guide/
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johnnyblaze36
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In reply to aggiedad20 • 7:36p, 4/30/21
aggiedad20 said:
https://www.investorsunderground.com/penny-stock-trading-guide/
This was an excellent and very sobering read. Thanks for sharing. This is definitely my biggest flaw in this game so far:

Quote:
21. Don't Chase
In the world of penny stocks, FOMO kicks in quickly. You see a stock spike 50% in a few minutes and you start salivating for a piece of the action.
Reason goes out the window and you start hitting the ask just to make sure you get filled.
.and then 5 minutes later the stock comes right back to where it started and you are down 20%+.
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Spaceship
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In reply to johnnyblaze36 • 7:57p, 4/30/21
johnnyblaze36 said:
aggiedad20 said:
https://www.investorsunderground.com/penny-stock-trading-guide/
This was an excellent and very sobering read. Thanks for sharing. This is definitely my biggest flaw in this game so far:

Quote:
21. Don't Chase
In the world of penny stocks, FOMO kicks in quickly. You see a stock spike 50% in a few minutes and you start salivating for a piece of the action.
Reason goes out the window and you start hitting the ask just to make sure you get filled.
.and then 5 minutes later the stock comes right back to where it started and you are down 20%+.

My #1 personal rule on penny stocks is if I don't get a chance to buy instantaneously on a catalyst, I let it go. There's always another one. If you chase, you'll inevitably be down on a dump, volume will dry up and you're stuck holding a bag indefinitely. Don't ever chase.
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johnnyblaze36
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In reply to Spaceship • 8:12p, 4/30/21
johnnyblaze36
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In reply to Tibbers • 8:15p, 4/30/21
Tibbers said:
johnnyblaze36 said:
Tibbers said:
RETC looks to be another play by George Sharp, king of the Custodians!
I just sold that dog**** ASTI that I was down 60% on and moved it to RETC. Small position of only 10K shares though. May be selling off some other losers here in a minute. GVSI has been the most successful play to date over the course of two days. If only RGBP could start taking off it sounds like most of us in here would be very happy with that.

edit: Added another 50K shares of RETC. In George we trust?


In George we trust. Previous management also had some disputed dilution so we may see a reversal on that as well. I love but also can't stand Mr. Sharp. All good, he makes us all rich!
I assume you saw this. Cracked me up.

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Jet Black
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8:15p, 4/30/21
Chrundle the Great
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In reply to PDEMDHC • 4:04p, 5/2/21
Carlo4 said:
Me watching HCMC


We've returned to the ISS but I'm still butt naked holding the flag on the moon
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Tibbers
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In reply to johnnyblaze36 • 4:18p, 5/2/21
johnnyblaze36 said:
Tibbers said:
johnnyblaze36 said:
Tibbers said:
RETC looks to be another play by George Sharp, king of the Custodians!
I just sold that dog**** ASTI that I was down 60% on and moved it to RETC. Small position of only 10K shares though. May be selling off some other losers here in a minute. GVSI has been the most successful play to date over the course of two days. If only RGBP could start taking off it sounds like most of us in here would be very happy with that.

edit: Added another 50K shares of RETC. In George we trust?


In George we trust. Previous management also had some disputed dilution so we may see a reversal on that as well. I love but also can't stand Mr. Sharp. All good, he makes us all rich!
I assume you saw this. Cracked me up.



Hah, yes I did. He can't contain his excitement. Maybe we find out Monday or Tuesday. Sure would be nice to get another tsnp.
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PDEMDHC
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In reply to PDEMDHC • 8:25a, 5/3/21
Carlo4 said:
Me watching HCMC

Back to even as of this moment when down 70%. Certainly going to keep about $500 in this to let ride but selling out $1000 in shares on opening. This stock was a "learn your lesson" on penny stocks and getting some of my investment back is a win for me.

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rangerdanger
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In reply to PDEMDHC • 8:29a, 5/3/21
Carlo4 said:
Back to even as of this moment when down 70%. Certainly going to keep about $500 in this to let ride but selling out $1000 in shares on opening. This stock was a "learn your lesson" on penny stocks and getting some of my investment back is a win for me.


Yeah, today is the day to get out if you have any doubts on it. I'm holding out for the lawsuit still. Not buying today for sure.
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PDEMDHC
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In reply to rangerdanger • 8:36a, 5/3/21
rangerdanger said:
Carlo4 said:
Back to even as of this moment when down 70%. Certainly going to keep about $500 in this to let ride but selling out $1000 in shares on opening. This stock was a "learn your lesson" on penny stocks and getting some of my investment back is a win for me.


Yeah, today is the day to get out if you have any doubts on it. I'm holding out for the lawsuit still. Not buying today for sure.
Completely agree. Went from showing a loss on the FIFO accounting to now having a 30% gain with my averages/buying dips after selling my original purchase for, what is now, a 10% loss. No complaints.

I'll let this ride out.
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Kampfers
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In reply to rangerdanger • 8:49a, 5/3/21
rangerdanger said:
Carlo4 said:
Back to even as of this moment when down 70%. Certainly going to keep about $500 in this to let ride but selling out $1000 in shares on opening. This stock was a "learn your lesson" on penny stocks and getting some of my investment back is a win for me.


Yeah, today is the day to get out if you have any doubts on it. I'm holding out for the lawsuit still. Not buying today for sure.
Yup, I've been net free since the initial pump so I'm letting my modest holding of shares (50k) play out
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Brian Earl Spilner
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10:31a, 5/3/21
Starting to take some gains on LUV now that I've hit the long-term threshold.

Considering either harvesting losses on RGBP (currently -20%), or throwing in just a bit more and hoping for a push in the next couple of days/weeks. (Which is starting to look more and more unlikely.)

Thoughts?
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Spoony Love
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In reply to Brian Earl Spilner • 1:17p, 5/3/21
I went deeper into $RGBP today to average down after missing a bottom on $EGOC. I have no opinion either way except that these two I am expecting to pay off. Let's see.
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OasisMan
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2:44p, 5/3/21
HCMC I'm holding till Phillip Morris calls it quits !
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Red Red Wine
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8:58p, 5/3/21
I still have 700,000 shares net free on HCMC.
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Pookers
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10:44a, 5/4/21
Alright Gentlemen,

I've got $288 dollars to spend on some penny stocks. Who's my best bet to let it ride on? EGOC and RETC?
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TexasAg2017
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In reply to Pookers • 10:58a, 5/4/21
I'm riding on EGOC and GMEV
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sts7049
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11:44a, 5/4/21
given what's happening to GVSI, i would gamble on RETC
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South Platte
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12:55p, 5/4/21
You RGBP boys buying the dips or just cursing at your computer screens?
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Pookers
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1:04p, 5/4/21
First time trading stocks (probably not the best to start with penny stocks but whatever)

19000 EGOC
21000 RETC

Lets roll.


I did get into some dogecoin last week at 0.26 and its up to ~0.55 so that's fun.
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Spoony Love
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In reply to South Platte • 1:11p, 5/4/21
More on the cursing side than anything. It's volatile for sure but I think over the next few weeks we won't be disappointed. They have several things moving in the right direction. Licensing with $ONPH, hired a firm to become SEC current, etc. Just waiting but would like it to start sooner.
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Brian Earl Spilner
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In reply to South Platte • 3:29p, 5/4/21
South Platte said:
You RGBP boys buying the dips or just cursing at your computer screens?
Added yesterday. 60k shares now, and I was struggling with just cutting my losses today.

Feel like a bag holder at this point.
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Jet Black
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3:35p, 5/4/21
Better chance of winning the lottery or buying a penny stick that turns into a monster? Goes from .10 to $10 for instance.
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AgGrad99
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In reply to Pookers • 3:54p, 5/4/21

nvm
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GigEmRangers75455
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5:14p, 5/5/21
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Pookers
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In reply to GigEmRangers75455 • 8:06p, 5/5/21
Aggies75455 said:


We rich now?
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GigEmRangers75455
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In reply to Pookers • 9:22p, 5/5/21
I sure as hell hope so. I went waaay deep into this one yesterday and today. I won't be able to sleep much tonight.
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Pookers
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In reply to GigEmRangers75455 • 9:39p, 5/5/21
Aggies75455 said:
I sure as hell hope so. I went waaay deep into this one yesterday and today. I won't be able to sleep much tonight.


So what are we talking about here? My 21k shares at $174 turning into a couple grand?
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GigEmRangers75455
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In reply to Pookers • 10:21p, 5/5/21
Pookers said:
Aggies75455 said:
I sure as hell hope so. I went waaay deep into this one yesterday and today. I won't be able to sleep much tonight.


So what are we talking about here? My 21k shares at $174 turning into a couple grand?


Not tomorrow but potentially when the new company takes it over. Tomorrow will be a nice pop. Hoping for .02 but we will see. The biggest catalyst will be when new company actually takes over and find out who that is. Could be weeks/months but he usually moves fast so week/weeks would be more likely.
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Tibbers
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In reply to Pookers • 10:55p, 5/5/21
Pookers said:
Aggies75455 said:


We rich now?


My 144k shares are so ****ing happy right now. Let's go GVSI round two! God I love that ****ing ******* Georgie Boy!
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Pookers
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In reply to Tibbers • 11:21p, 5/5/21
Tibbers said:
Pookers said:
Aggies75455 said:


We rich now?



My 144k shares are so ****ing happy right now. Let's go GVSI round two! God I love that ****ing ******* Georgie Boy!


I hope I gain enough cash to have more to throw down on these types of stocks in the future so I can start making decent returns.

What's going on with EGOC, wasn't George involved but with that one too?
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agdaddy04
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In reply to Pookers • 11:48p, 5/5/21
No that's David Lazar
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Tibbers
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In reply to GigEmRangers75455 • 3:18a, 5/6/21
Aggies75455 said:
Pookers said:
Aggies75455 said:
I sure as hell hope so. I went waaay deep into this one yesterday and today. I won't be able to sleep much tonight.


So what are we talking about here? My 21k shares at $174 turning into a couple grand?


Not tomorrow but potentially when the new company takes it over. Tomorrow will be a nice pop. Hoping for .02 but we will see. The biggest catalyst will be when new company actually takes over and find out who that is. Could be weeks/months but he usually moves fast so week/weeks would be more likely.


Honestly, looking at OTCmarkets, RETC's float is 24 million. GVSI has a float of over a billion. I can't sleeping thinking about tomorrow.
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