RC94
Footballguy
I think I'll just put an "Out of Order" sticker on my forehead and call it a day.Is this question the new "how much do you bench?"?
TDAmeritrade
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Penny Stocks Gambling 2021 (2 Viewers)
- Thread starter KGB
- Start date
ChiefD
Footballguy
For me, I've used the penny stocks to fund other stuff - a mix of stable and also more penny stocks.
When I started my brokerage account, I funded it with 2k. I bought a mix of CYDY, some penny, and a couple of other things. All small investments really other than the CYDY, which I bought poorly.
Since last June, I've turned that 2K into about 6K. Luckily I made a profit on CYDY, but I bought that in the 6.30 range in that account. But I was able to sell that in December, which opened up A LOT of opportunities, especially in the penny stocks.
The penny stocks gave me that big jump from 2K to 6K. So with that money, I'm selling off some of that and using about half in stable stuff (with dividends) and then putting the rest in penny stocks to try and hit some doubles and triples. Those doubles and triples have been pretty consistent with the advice received here. And to be honest, ALL of my success is because of all of you guys.
So now, I'm also free rolling a few of these to hit the grand slam home run. But I've been trying to protect some of that money and create more money. It's been fun so far.
I know 6K isn't a lot of money for most here, but that 2K was sitting in a savings account doing nothing. It was my experimental money I was willing to lose just so I can learn. I will slowly over this year add more to this - this is money over and above our emergency savings fund.
Caesar
Footballguy
For you guys who don't mind flipping nice and quick, there is a lot of buzz about PHIL over the weekend. If you can get in early, you should be able to nab a double or more by the end of the week.
It COULD be a potential long term play, but I am definitely of the mind of selling half to freeroll this one. Could be a P&D or even a scam. Invest at your own risk, as always.
I will go in for a couple hundred thousand shares and see if I can sell half by Friday. Order already placed at .0044
It COULD be a potential long term play, but I am definitely of the mind of selling half to freeroll this one. Could be a P&D or even a scam. Invest at your own risk, as always.
I will go in for a couple hundred thousand shares and see if I can sell half by Friday. Order already placed at .0044
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Worm
slimy ninja
Caesar
Footballguy
True.
I did some research based on what I was hearing. This falls into the "if it sounds too good to be true...." category for me right now. But as I said, if I can turn it into a freeroll situation, I'd be happy to hold through July and see what happens.
Worm
slimy ninja
Yeah, I am with you. I read up a little on it first, and it seams like at minimum if you get an order filled early you can make some money on the pump, even if it fizzles.
Buy early, set a stop limit, and monitor.
Nick Vermeil
Footballguy
If the bids I'm seeing on AITX and DPLS hold I'll probably sell both this morning.
ChiefD
Footballguy
Nick Vermeil
Footballguy
ChiefD
Footballguy
Captain Cranks
Footballguy
AITX, INTV, and LLKKF look to be making their next leg up.
JoeSteeler
Footballguy
bshell27
Footballguy
This thread is amazing. I'm freerolling 8,000 CBBT, 6,000 AITX, 50,000 DPLS.
Up 131% on SFIO, not sure what target price on this should be?
up 88% XMET, same as SFIO, not sure what target price is. .
Worm
slimy ninja
Caesar
Footballguy
JoeSteeler
Footballguy
To me, selling enough shares to freeroll has more of a mental than financial impact...to me there is just something about knowing no matter what, you aren't losing money on the deal and the sky's the (theoretical) limit.
Like someone mentioned, I also like to free up funds to buy the next stock...
Like someone mentioned, I also like to free up funds to buy the next stock...
Caesar
Footballguy
JoeSteeler
Footballguy
Caesar
Footballguy
Anybody ever get into HCMC? I am still free rolling a million, but starting to feel like selling.
I know the Phillip Morris patent lawsuit is coming up, and that could influx a ton of cash if they win or settle, but man that share structure is just asinine.
What do you guys think? Sell half? Sell 80% and just ride a few to stay curious?
Just looking for a little push either way.
I know the Phillip Morris patent lawsuit is coming up, and that could influx a ton of cash if they win or settle, but man that share structure is just asinine.
What do you guys think? Sell half? Sell 80% and just ride a few to stay curious?
Just looking for a little push either way.
This one is a dagger. I wasn't a believer (don't remember why) so instead of free-rolling, I cashed out my position. I would have had 100000 shares and it's touching a third of a dollar now. That's $33K in the ether. Oof.
Captain Cranks
Footballguy
I'd personally set a stop at .0014 and let it run. If you want to make sure you keep some gains on the remaining shares, set a trailing stop of like .001 or something.
Captain Cranks
Footballguy
I'm looking to close out BTSC. If it can't run on a day like today with Bitcoin through the roof, I'm not sure what will move it.
Caesar
Footballguy
I don't think I can set a trailing stop on OTC on TDA. I have tried in the past and it wouldn't let me.
Its now sitting at .0031
Full disclosure, I bought in at .0002
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ChiefD
Footballguy
I'm in it small, but I might just sell all of it at this point for some profit. Not sure I want to sit around and wait on this one.
JoeSteeler
Footballguy
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Caesar
Footballguy
I'm thinking I will wait to see if it touches .005 today. I will likely sell out 80% at that point and just let a couple hundred thousand shares ride.
JoeSteeler
Footballguy
decided to sell 120000..roll with the rest for now
edit - I think that is what I am going to do lol
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Texas Football
Footballguy
Freerolling 100k now.Sold a little WDLF, free rolling 280k shares.
437% in a week certainly was nice.
General Malaise
Footballguy
Sure wish I knew what some of these things did.
Nick Vermeil
Footballguy
I just split my watch list into three lists: Pennies, SPACs and regular stocks. Everyone of the pennies are green today, over half the list up 25% or more. (!)
Captain Cranks
Footballguy
Yeah...after a totally dead week last week. I'm not sure what's driving it. Quite surprisingly, CNBC isn't mentioning the "rotation into garbage stocks."
Caesar
Footballguy
jamny
Footballguy
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Worm
slimy ninja
Looking for stocks that still have room for a run.
$STWC
Strainwise Consulting
Weed consulting. They started with stores In Colorado (got one of the first licenses that was approved in CO) and are expanding to consulting for licenses in other states, both with and without branding on stores that come to fruition. Latest is a Puerto Rico arm.
Traded last week in the $0.003 to $0.0035 range. Popped up a little today and then fell back, but settled in with what looks like good support at the current range ($.0036-$.0038).
In for 400k shares.
edited to say: I think this one could be a longer time to pop. Wouldn't be surprised if it takes some time for some catalyst news.
$STWC
Strainwise Consulting
Weed consulting. They started with stores In Colorado (got one of the first licenses that was approved in CO) and are expanding to consulting for licenses in other states, both with and without branding on stores that come to fruition. Latest is a Puerto Rico arm.
Traded last week in the $0.003 to $0.0035 range. Popped up a little today and then fell back, but settled in with what looks like good support at the current range ($.0036-$.0038).
In for 400k shares.
edited to say: I think this one could be a longer time to pop. Wouldn't be surprised if it takes some time for some catalyst news.
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Nick Vermeil
Footballguy
DPLS! I've made a lot of money on it but it keeps popping after I sell it.
ChiefD
Footballguy
ChiefD
Footballguy
Saw that DPLS released a PR today announcing the signing of a lease in Arizona to open a manufacturing facility.
Link here.
Link here.
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Caesar
Footballguy
I sold out of one of my accounts as well and it went up almost immediately. It was always intended to be a short term flip, so I am not disappointed in the 200%+ I made off it.
My other account, however, is long and strong and freerolling 425K shares.
