Penny Stock Thread

381,297 Views | 3015 Replies | Last: 2 yr ago by LatinAggie1997
Guitarsoup
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Orlando Ayala Cant Read said:

LatinAggie1997 said:

So who is in what ...OTCs

In anywhere from 150 shares to 150,000

EGOC
BMIX
ABML
SNDL
OZSC
HCMC
BRLL
ATAO
TMRC
RLFTF : (


TO THE MOON

Good luck Ags!

I think I talked about a third of these in the main stock thread but here they are....

AFOM: been waiting on this to boom, in pretty heavy
ALPP: hoping this thing gets listed to NASDAQ soon because it's got serious cult potential but if something goes wrong with that NASDAQ listing, this thing will crash hard
ATVK : Net free
AXXA: Net free
BMIX: Waiting like the rest of you
ENKS: Net free,
ENZC: Net free, probably should have kept the shares instead of going net free
IQST: Net free
ISWH: Net free
KWBT: Net free
MSNVF: Net free
PUGE: Net free
PVDG
RMSL
RXMD: Net free
SEGI: Net free
SIRC: Net free
STHC
TSNP: Should be net free, but have chosen to ride this one out
TXTM
WDLF
ZHUD
Awesome having so many net free
SquareOne07
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I've got a strategy question to run by somebody with experience in penny stocks who wouldn't mind mind jumping on the phone (my idea/spreadsheet seems complex).

In my mind it's a great idea, but want to run it by a pro.
jonj101
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SRMX is up 62%

Good way to start the day.
Orlando Ayala Cant Read
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Guitarsoup said:

Orlando Ayala Cant Read said:

LatinAggie1997 said:

So who is in what ...OTCs

In anywhere from 150 shares to 150,000

EGOC
BMIX
ABML
SNDL
OZSC
HCMC
BRLL
ATAO
TMRC
RLFTF : (


TO THE MOON

Good luck Ags!

I think I talked about a third of these in the main stock thread but here they are....

AFOM: been waiting on this to boom, in pretty heavy
ALPP: hoping this thing gets listed to NASDAQ soon because it's got serious cult potential but if something goes wrong with that NASDAQ listing, this thing will crash hard
ATVK : Net free
AXXA: Net free
BMIX: Waiting like the rest of you
ENKS: Net free,
ENZC: Net free, probably should have kept the shares instead of going net free
IQST: Net free
ISWH: Net free
KWBT: Net free
MSNVF: Net free
PUGE: Net free
PVDG
RMSL
RXMD: Net free
SEGI: Net free
SIRC: Net free
STHC
TSNP: Should be net free, but have chosen to ride this one out
TXTM
WDLF
ZHUD
Awesome having so many net free


Thanks. And thanks to the main stock thread and being influenced by all the good traders there. I know net free is gospel there and I try to follow it as much as possible on these pennies. Although, on a few of them (ALPP, ENKS, ENZC, and ISWH) I really missed out on much bigger gains after pulling the net free trigger. But overall, I think its the best way to go into these for sure.

My initial ALPP investment woulda been worth about $2.4mm if I hadn't cut so many shares along the ride up.
YouBet
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I like Fidelity but GD it it's frustrating using their app to trade vs the main site. The user experience is different and I've missed out on the price target for several buys at this point because it simply doesn't work the same. Maddening.
Orlando Ayala Cant Read
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Another thing I learned while in these pennies .

If you do your DD, and BELIEVE in your DD stick to your guns.

I had bought ALPP at .043. When it was at .15 or so I was chatting with a seasoned investor (very conservative, not on this board but in real life) and he was like "that company's got nothing, take your profits and run". Because I respected him and was still new (last year) I listened to him to some degree and cut more shares. Then at a $1 he said the same thing and again like a total idiot I listened to him and cut even more shares. I had done my own DD and here I was listening to this know it all tell me to cut shares in a company he knew nothing about. But the fact is, it was actually really dumb of me to be listening to him. So point being, DO YOUR OWWN DD and BELEIVE IN YOUR OWN DD and TUNE OUT THE OUTSIDE NOISE OF PEOPLE WHO HAVEN'T EVEN RESEARCHED THE STOCK.

The icing on the cake: This very same guy bought into ALPP at $6 last week.
J_Landes89
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Jizzle89 said:

I'm in:

INND - 500k shares. (.0053 average)
SRMX - 1m shares (.0045 average)

Not in, but watching:

VPER
AFOM
ICNM
VSPC
EGOC


Update:

Same holds, but have added:

DRNK - 500k shares (.0016 average)
ICNM - 600k shares (.0046 average)
AZFL - 500k shares (.0025 average)
LTNC - 50k shares (.0049 average)
deadbq03
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YouBet said:

I like Fidelity but GD it it's frustrating using their app to trade vs the main site. The user experience is different and I've missed out on the price target for several buys at this point because it simply doesn't work the same. Maddening.
I agree. I can only trade on their main website.

Both their mobile app and ActiveTrader Pro desktop program have horrific UI/UX. Website is quite nice.
Talon2DSO
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Anyone have DD on CCTL?
agdaddy04
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What are you doing to find these?
Talon2DSO
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What do you like about AZFL?
GetSum
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I got in on ASTI sub $.01 and it is up 825.24%. Am expecting some serious swings, but been a fun ride so far. Like GSCCF as well for longer term play.
South Platte
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GetSum said:

I got in on ASTI sub $.01 and it is up 825.24%. Am expecting some serious swings, but been a fun ride so far. Like GSCCF as well for longer term play.
Very nice my man. I jumped in a few times, average at $0.03 with 67k shares. I've enjoyed the past week for sure.
Talon2DSO
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Anyone here playing vmnt?
Talon2DSO
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GetSum said:

I got in on ASTI sub $.01 and it is up 825.24%. Am expecting some serious swings, but been a fun ride so far. Like GSCCF as well for longer term play.


Love it
aTm_bomb
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I have been watch listing all these suggestions but now find myself paralyzed with which to put a small amount of funds in. Interested in 1 or 2 to minimize transaction fees. Based on current prices, which would you recommend targeting for upside in the near to mid term?
GetSum
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aTm_bomb said:

I have been watch listing all these suggestions but now find myself paralyzed with which to put a small amount of funds in. Interested in 1 or 2 to minimize transaction fees. Based on current prices, which would you recommend targeting for upside in the near to mid term?
I have buy order in on BMIX to grab more shares at $0.35 if we get another dip. Already have a good amount of exposure there and still love the upside potential.
aTm_bomb
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GetSum said:

aTm_bomb said:

I have been watch listing all these suggestions but now find myself paralyzed with which to put a small amount of funds in. Interested in 1 or 2 to minimize transaction fees. Based on current prices, which would you recommend targeting for upside in the near to mid term?
I have buy order in on BMIX to grab more shares at $0.35 if we get another dip. Already have a good amount of exposure there and still love the upside potential.
Yea I currently have a decent position in BMIX and looking to build on ABML as well. These additional funds are a function of cashing out HCMC when it shot up the other day. It just feels like a lot of the targets mentioned are inflated presently (bubble?) and trying to avoid buying a peak.
Guitarsoup
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I recently switched to TDA/TOS and they charge $6.95 for OTC stock trades. Is this typical? I thought trades were free and options were .65.
sts7049
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TDA charges that fee for OTC trades. i believe fidelity does not
sts7049
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i posted this on the big stock thread, but since it's a penny i'll copy it here.

i tried to dig into CCTC a little. wrt volume, i don't really see much activity lately, seems dormant.

anyway looking at the company website they do at least have recent filings posted. financials don't look very good though, but i guess that's to be expected with a startup.

they only have mention of two startup projects on their site. one of them is a project with university of wyoming announced in 2019 for a pilot project. i had a hard time finding any updates to this pilot but i did finally find a different article mentioning the kiln's recent delivery i guess it took a long time to fabricate.

so maybe there is some promise here??
wessimo
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Coal is dead. Even the "clean" kind.
irish pete ag06
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Talon2DSO said:

Anyone have DD on CCTL?
Looking into this one now.
jonj101
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Noob mistake this morning caused me to miss the LTNC run. Its up 124%

Live and learn I guess.

Orlando Ayala Cant Read
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jonj101 said:

Noob mistake this morning caused me to miss the LTNC run. Its up 124%

Live and learn I guess.


where'd you get that tip? keep any eye out for their other tips I guess.
jonj101
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Im just doing what yall tell me on this thread and taking in as much info as possible - reviewing tons of twitter posts and googling/cross referencing them with other info I find. I liked what I saw initially about that company, but I'd have to do more research to see if I think it will fly much further past the penny mark.

I also followed your advice from yesterday and just picked up another one late this afternoon.

My LTNC was such a stupid user error, but it comes with learning I guess.
ME85
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Jizzle89 said:

Jizzle89 said:

I'm in:

INND - 500k shares. (.0053 average)
SRMX - 1m shares (.0045 average)

Not in, but watching:

VPER
AFOM
ICNM
VSPC
EGOC


Update:

Same holds, but have added:

DRNK - 500k shares (.0016 average)
ICNM - 600k shares (.0046 average)
AZFL - 500k shares (.0025 average)
LTNC - 50k shares (.0049 average)
Any new ones Jizzle?
irish pete ag06
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Got in CCTL today late. Trying to pull off the Orlando move.
J_Landes89
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No!

I will be holding those this year at least.
Texaggie7nine
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question:
Are you guys getting to net free on stocks via options only or also straight up buying the stock and selling at profit to cover initial purchase?

I ask as someone who isn't doing any options and only buying and selling stock.
7nine
jonj101
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I'm just doing stocks and trying to be net free at this point - basically when I've been able to get back my original entry plus the TDA fees I sell those shares then see what the remaining shares do.

I found a YouTube vid that explains options in depth, but its like 2.5 hours and I haven't been able to watch it yet. Others may be doing options but I'm new and I want to make sure I understand them first.

sts7049
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with these OTC stocks i'm just selling shares to lock in profits to get net free
Orlando Ayala Cant Read
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Texaggie7nine said:

question:
Are you guys getting to net free on stocks via options only or also straight up buying the stock and selling at profit to cover initial purchase?

I ask as someone who isn't doing any options and only buying and selling stock.

Options are usually not available on these pennies. Just gotta buy a high enough volume so that when you cut half after going net free, you can still make pretty decent coin as free shares.

Of course, in the pennies only play what you can afford to lose. I assume every penny I own will declare bankruptcy after hours lol.
Guitarsoup
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Texaggie7nine said:

question:
Are you guys getting to net free on stocks via options only or also straight up buying the stock and selling at profit to cover initial purchase?

I ask as someone who isn't doing any options and only buying and selling stock.
Pennies usually don't have options.

Buy 200 shares at .01 for $2 and sell 100 shares at .02 for $2 and now you have 100 free shares.
Aston04
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sts7049 said:

TDA charges that fee for OTC trades. i believe fidelity does not
Yes no fees for fidelity trades. My tight a** much prefers that.

All joking aside- it actually is much better because I don't feel pressured to go "all in" on building positions. Nibble at it with more buys without incurring fees every time. And at same time feel more free to sell chunks if momentum is gone/over bought...
 
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