The quick plummet and fairly quick recovery on BLPG just happened again this morning though not as violent as yesterday's. Today is went down to 0.009 and is now back to 0.012. I'm selling out if it hits $0.014 where I had made some purchases a while back (if it rises that much) and I'd keep an eye out for another one of these spikes down. Buying at 0.009 and selling at 0.012 in the span of a few minutes sounds juicy to me if it happens a third time.
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Penny Stocks Gambling 2021 (3 Viewers)
- Thread starter KGB
- Start date
Caesar
Footballguy
Waters are only going to get more choppy as we get closer to the end of the quarter. If we don't see some financials soon, it will probably get very ugly.
I have resigned myself to just hold.
Charlie Harper
Footballguy
I was hoping UNVC would run up towards the end of the quarter, but another wrong prediction.
ChiefD
Footballguy
Where are you right now on the rest of your pennies? Or did you get out of most of them?
Caesar
Footballguy
I decided to start selling raffle tickets for a buck a piece. Winner gets to kick me in the nuts as hard as they want.
I figure I will make more money and it will hurt less than the rest of the penny stocks right now.
Caesar
Footballguy
But seriously....
I'm still free rolling DPLS. Its in a Roth, so I got time to wait that one out.
I sold out of AITX, but I would get back in under 20 cents if I have the opportunity later.
GTEH has been the biggest disappointment. I sold out on the Roth for a nice profit, but holding in the other account since I'm under water there. Profit could have been a lot greater, but waited too long. That one cost me, but the company CEO is just making horrible decisions IMO.
Holding my XMETD, partially cuz I have no choice with TD. I am up on those pretty nice, so as long as it stays where it is or goes up, I am good there.
PHIL I averaged down on. Holding over a million shares. I like the direction. Its a huge gamble, but what can I say? I'm a dreamer.
ETFM was the one I trailed people here on. I'm so far down, I just have to open one eye to see my colon.
Breaking even on SBES. Holding for now.
The rest of my stocks are ones I am selling calls against, so I have made money off them even in the crap market.
Nick Vermeil
Footballguy
ChiefD
Footballguy
Thanks. I'm in a lot of the same:
DPLS: I have a lot of this but not much dough in it, so I'll sit on this one awhile. I do believe in their product.
AITX: I sold half already at a pretty good profit, and I'm still profitable on the remainder. One of my few good green ones. May sell it but no real reason to right now. Free rolling it.
GTEH: Same. Need to hold it now for awhile, but man they are such a turd.
ETFM: I'm down on this one too. Have to hold at this point. Will sell the second it turns green, if ever.
XMETD: same since Schwab hasn't seen the share conversion yet either. I'm up good on this one but this delay in converting the shares is disturbing from the standpoint of it seems a bunch of people are dumping shares because they think it's a scam. But Im going to hold since I have a lot of shares with not much dough in it.
Caesar
Footballguy
Yep. I am tapped out of available penny stock funds right now, otherwise I would be in. I do like it longer term.
Caesar
Footballguy
I feel like I could average down nicely on ETFM, but I already have too much money in it. Only reason I would do it would be to make it easier to sell and break even.
My cost basis is .0213
BroncoFreak_2K3
sucker for Orange
More KBLB news:
Kraig Biocraft Laboratories Secures $4 Million Dollars of Expansion Capital
ANN ARBOR, Mich., – March 26, 2021 –Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (“Company” or “Kraig Labs”), announced today that it has secured $4 million dollars of expansion capital. This financing significantly strengthens the Company’s balance sheet and supports its progress in the commercialization and sale of recombinant spider silk.
“This is a major financial milestone for Kraig. For many years we have operated on a shoestring budget, building a solid foundation with our spider silk production system. We are now prepared to reap the rewards of that careful investment with opportunities to put this capital to work building materials, products and brands,” said CEO and Founder, Kim Thompson.
Kraig Biocraft Laboratories Secures $4 Million Dollars of Expansion Capital
ANN ARBOR, Mich., – March 26, 2021 –Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (“Company” or “Kraig Labs”), announced today that it has secured $4 million dollars of expansion capital. This financing significantly strengthens the Company’s balance sheet and supports its progress in the commercialization and sale of recombinant spider silk.
“This is a major financial milestone for Kraig. For many years we have operated on a shoestring budget, building a solid foundation with our spider silk production system. We are now prepared to reap the rewards of that careful investment with opportunities to put this capital to work building materials, products and brands,” said CEO and Founder, Kim Thompson.
Rattle and Hum
Footballguy
I'm not a penny guy or even trade these days. However, Peter at ShadowTrader is pretty great with options. This BTC play is the first (and reportedly only) time I've seen him offer an individual stock call like this. I thought of you folks in this thread. INVU $.17/share
Bogart
Footballguy
Charlie Harper
Footballguy
Worth holding UNVC or get out?
Caesar
Footballguy
I am holding. Its either going to happen or its not.
It will take a plunge if it doesn't happen this week, but I suspect it will find its way back up eventually.
Charlie Harper
Footballguy
arrow1
Footballguy
The Man With No Name
Footballguy
Chaz McNulty
Footballguy
So BLPG is going through a 100-1 reverse split on April 6th. The stock is priced at around .01. Many folks are speculating that they are doing this because they will then announce a reverse merger with a company called HYPER. I guess there is a relationship between the two companies already.
I am new to this and do not know exactly if this is true or not, and I don't even know what will happen to the stock price if it does happen. I only have 50,000 shares, but I'm leaving it in for the gamble.
I have not done much DD on this and am only looking at some of the message boards for this info.
I am new to this and do not know exactly if this is true or not, and I don't even know what will happen to the stock price if it does happen. I only have 50,000 shares, but I'm leaving it in for the gamble.
I have not done much DD on this and am only looking at some of the message boards for this info.
CGRdrJoe
Footballguy
Eeenf completely speculative play but 88 energy Ltd has hit some oil and the results should be coming back over the weekend. Has popped the last 2 days and taking a small ride with this.
it is a foreign company and schwab charged $50 to make the trade.
it is a foreign company and schwab charged $50 to make the trade.
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ChiefD
Footballguy
I've been through two of these in the last few months. TSNP did a reverse split to TSNPD, and then finally became HMBL this past week. Humbl had gotten the TSNP ticker so they could get on the exchange as HMBL eventually. So that one is done and complete and has settled in pretty good. My shares converted all the way through pretty quickly (within a few days).
XMET did the same thing. They reverse split to XMETD with the intention of doing the same thing. They are now HOUMO holdings. Not sure what the new ticker will be eventually.
That reverse split has been held up for weeks. My old shares of XMET still haven't shown up as shares under XMETD. It's getting irritating to say the least.
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The Man With No Name
Footballguy
ChiefD
Footballguy
The Gator
Footballguy
CGRdrJoe
Footballguy
Really hope 88 energy get a good report over the weekend on their oil finding and open over a quarter on Monday. Bad news and I’ve got 15,000 shares sub a penny 
https://www.google.com/amp/s/uk.sports.yahoo.com/amphtml/news/88-energy-share-price-surges-110940888.html
https://www.google.com/amp/s/uk.sports.yahoo.com/amphtml/news/88-energy-share-price-surges-110940888.html
NajehHejan
Footballguy
Based on the six month chart, VYST looks like it’s close to gamble territory again for an opening position. I am looking at the .028 to .03 area, thinking max downside is .025ish. Company has been quiet so hopefully news soon and a nice pop and ride up into .04/.05 territory.
KGB
Footballguy
Rattle and Hum
Footballguy
CGRdrJoe
Footballguy
Really hope 88 energy get a good report over the weekend on their oil finding and open over a quarter on Monday. Bad news and I’ve got 15,000 shares sub a penny
https://www.google.com/amp/s/uk.sports.yahoo.com/amphtml/news/88-energy-share-price-surges-110940888.html
report should be out this evening before the Australian market opens
KGB
Footballguy
Watch the video???
Like Due diligence?
Still in for 5000 shares after todays 44% uptick. Thanks!
@Rattle and Hum
KGB
Footballguy
22% for a total of 91%.Watch the video???
Like Due diligence?
Still in for 5000 shares after todays 44% uptick. Thanks!
BroncoFreak_2K3
sucker for Orange
KBLB News:
Kraig Biocraft Laboratories and Kings Group form Spydasilk Enterprises Pte. Ltd., a Singapore based Joint Venture Company, for the marketing and sales of spider silk based products
Kraig’s joint venture with Kings is tied to the previously announced exclusive spider silk purchase and sales agreement valued at up to US$40 million
ANN ARBOR, Mich., – April 9, 2021– Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (“Company” or “Kraig Labs”), the biotechnology company focused on the development and commercialization of spider silk, announces that the Company, together with M the Movement, Kings Golden Harvest Pte Ltd (“Kings Group”), has established Spydasilk Enterprises Pte. Ltd. (“Spydasilk Enterprises”) as a Singapore based joint venture.
This partnership represents the Company’s first vertically integrated sales channel.
Spydasilk Enterprises is developing a premium line of luxury streetwear based on Kraig Labs’ spider silk technologies with exclusive sales rights within the Association of Southeast Asian Nations (ASEAN) region. The move positions Kraig Labs and Kings Group to advance their partnership, which began with a previously announced exclusive purchase and sales agreement valued at up to US$40 million.
“Based on our initial efforts, there is a definite demand for spider silk technology and product developers are very excited about working with these super fibers,” said Walter Wee, CIO of Kings Group. “In addition to building up the Spydasilk brand, we must build Spydasilk’s vendor and customer bases. We are already having great success with clients that share our vision and passion for spider silk. We believe that their efforts will further broaden Spydasilk’s market opportunities in multiple industries asides from the fashion industry,” continued Wee.
The new joint venture company will commercialize Kraig Labs’ biodegradable and biocompatible ‘super fibers’, using a scalable and cost-effective spider silk production platform and patented spider silk gene sequences in silkworms.
“This new joint venture is the beginning of the fulfillment of my original vision for Kraig Labs, where we are able to vertically integrate and capture intermediate and end product margins. Thanks to Walter and the Kings Group team, Spydasilk should hit the ground running. We have high expectations for the future of spider silk and Spydasilk Enterprises,” said Kim Thompson, Kraig Labs’ founder and CEO.
Kraig Biocraft Laboratories and Kings Group form Spydasilk Enterprises Pte. Ltd., a Singapore based Joint Venture Company, for the marketing and sales of spider silk based products
Kraig’s joint venture with Kings is tied to the previously announced exclusive spider silk purchase and sales agreement valued at up to US$40 million
ANN ARBOR, Mich., – April 9, 2021– Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (“Company” or “Kraig Labs”), the biotechnology company focused on the development and commercialization of spider silk, announces that the Company, together with M the Movement, Kings Golden Harvest Pte Ltd (“Kings Group”), has established Spydasilk Enterprises Pte. Ltd. (“Spydasilk Enterprises”) as a Singapore based joint venture.
This partnership represents the Company’s first vertically integrated sales channel.
Spydasilk Enterprises is developing a premium line of luxury streetwear based on Kraig Labs’ spider silk technologies with exclusive sales rights within the Association of Southeast Asian Nations (ASEAN) region. The move positions Kraig Labs and Kings Group to advance their partnership, which began with a previously announced exclusive purchase and sales agreement valued at up to US$40 million.
“Based on our initial efforts, there is a definite demand for spider silk technology and product developers are very excited about working with these super fibers,” said Walter Wee, CIO of Kings Group. “In addition to building up the Spydasilk brand, we must build Spydasilk’s vendor and customer bases. We are already having great success with clients that share our vision and passion for spider silk. We believe that their efforts will further broaden Spydasilk’s market opportunities in multiple industries asides from the fashion industry,” continued Wee.
The new joint venture company will commercialize Kraig Labs’ biodegradable and biocompatible ‘super fibers’, using a scalable and cost-effective spider silk production platform and patented spider silk gene sequences in silkworms.
“This new joint venture is the beginning of the fulfillment of my original vision for Kraig Labs, where we are able to vertically integrate and capture intermediate and end product margins. Thanks to Walter and the Kings Group team, Spydasilk should hit the ground running. We have high expectations for the future of spider silk and Spydasilk Enterprises,” said Kim Thompson, Kraig Labs’ founder and CEO.
Rattle and Hum
Footballguy
Hopefully you got out of some INVU. It's amazing how often you see a large drop stop right at about a 50% retrace. Stock was at $.1, ran up to $.79 so 50% retrace would be $.35 of that $.70 move. It traded down to $.44 yesterday ($.35 off the high). I'm a great chartist after it all happens.KGB said:22% for a total of 91%.
KGB
Footballguy
NajehHejan
Footballguy
Got in HIRU at .0054
Similar story to SFIO - recent ownership change, working to get pink current, etc.
Similar story to SFIO - recent ownership change, working to get pink current, etc.
KGB
Footballguy
Chaz McNulty
Footballguy
JAA
Footballguy
As a triple-0 stock I don’t even think they are OTC pink. I believe that means they aren’t current on financials. Of course they are saying they will be, but ...
What I’m learning is that triple-0 stocks are as risky as they get. However, if you hit one, you can make some good FU money.
