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Should there be a separate Penny Stonk thread? 58 members have voted

  1. 1. Speaketh yer mind Surlites

    • Keep everything in the Stonk thread
    • Make a new thread focused on Penny Stonks
    • Whatever RCRanger says is good by me
    • I'm good either way
    • Dickbutt - tree fiddy - OUsux - I just wanted to vote

This poll is closed to new votes

Poll closed on 02/04/21 at 05:00 AM

Please sign in or register to vote in this poll.

Featured Replies

3 minutes ago, RCRanger03 said:

Sorry shady stonks and stop signs are like peanut butter and jelly lol

nope just cuts profits a little. Ask slapping is the number one way to get in on a play that might pop. If you bid sit you'll get a better price sometimes, but sometimes you'll it altogether. Was that you for 750 shares?

that was me for 750. haha. that's a little scary.

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  • Not bad advice, but no worries here. I'm just an internet stranger lol. When I can I'll help put out information about when and where to get in on the bottom floor, or when catalysts look to take it t

  • CooterBrown
    CooterBrown

  • NVSOS is where it gets filed and FINRA is where it is enacted. If/When an R/S is done you'll see it show up here - https://otce.finra.org/otce/dailyList Apparently I got more than just yall into XM

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1 minute ago, hayden_horn said:

that was me for 750. haha. that's a little scary.

Time and sales sees all! /Sauron

image.png.b16b2f7751ba7696b39468c554e4562f.png

1 minute ago, RCRanger03 said:

Time and sales sees all! /Sauron

image.png.b16b2f7751ba7696b39468c554e4562f.png

seemed like a congruent number for the price haha

Shorts on TSNP pushing it down again are playing with fire. However if they can get it under a dollar for my ROTH cash settlement date, I ain't mad

Just now, BradInATX said:

Rolling a small position with you on SPSO.

4285? I've got ToS open on a second screen since I'm "working" with my office door closed at the moment

Just now, RCRanger03 said:

4285? I've got ToS open on a second screen since I'm "working" with my office door closed at the moment

Aye cap'n. lfg.

Disclaimer for new plays until my money clear for the ROTH I'm playing small and not getting deep into sub pennies

SPSO: as a short to medium term play until I can see financials or a PR. If we get considerable movement I might scalp my entry pretty early.

RXMD: medium to long for S1 updates

PFMS: short - Medium on NVSOS updates

MEDH - Medium for ticker change

FPVD long by circumstance since on Free Shares, although probably would sell a considerable amount if went back to .10 as penance for my previous decisions.

ALPP and TSNP long asf

 

 

7 minutes ago, RCRanger03 said:

Disclaimer for new plays until my money clear for the ROTH I'm playing small and not getting deep into sub pennies

SPSO: as a short to medium term play until I can see financials or a PR. If we get considerable movement I might scalp my entry pretty early.

RXMD: medium to long for S1 updates

PFMS: short - Medium on NVSOS updates

MEDH - Medium for ticker change

FPVD long by circumstance since on Free Shares, although probably would sell a considerable amount if went back to .10 as penance for my previous decisions.

ALPP and TSNP long asf

 

 

 

This is good info. My strategy is to set limit orders to trigger at a certain point where I'm selling back to get my initial investment back and then freerolling what's left. The number where that happens depends on the stock, my feel, and what you've said.

For example AMYZF I've got set up to trigger at 2x (I'm a nickel away from this one triggering), so I'll cash out my initial investment which is half the shares. I've got UUUU and SPSO and 1.5x, RXMD at 1.75x and ALPP at 1.75x, and TSNP at 2x.

Positions that look shitty I'll cash out of as needed like XMET.  But most of us understand this is risky and the majority of us are just fucking around so no need for disclaimers or anything. Keep stonking.

Edited by BradInATX

I took a little nibble on SPSO as well.

I'm going to have to start trimming pretty soon.  I've taken a flier on a few of #SupDup's picks too, but none of those are ripe for pruning yet.  I really need TSNP to go on another run so I can right-size my stonk account.  I'm top heavy AF with that one at the moment.

Thanks for sharing RC, I promise I won't make any death threats if we lose money on some of these.  That's f'n absurd and there's no way I'd continue to post over on stocktwits if those fuckers are going to behave like that.

SPSO Short term chart for scalping purposes it looks like the first leg would be to .10

The high in December on the news about 7M contract was 0.13 thats the scalp zone. If it can break through .13 that's when things get interesting

image.thumb.png.917d6f88fa4287c6a8d3f5b1f4d8e2b9.png

Edited by RCRanger03

Lol $FPVD I like still being in this just for Lou. He's fun

https://medium.com/quantum-economics/bigtokens-offer-to-charlie-munger-a-1-million-wager-that-bitcoin-will-outperform-berkshire-6b2c41b73e57

Quote

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Lou writes, “I’m disappointed that a man of your stature would choose to disparage an asset that I’m confident you don’t have any real knowledge of. Particularly when bitcoin, like Berkshire Hathaway, has created so much wealth for so many people. And I believe that bitcoin will create significantly more wealth in the years to come.”

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ir@bigtoken.co

 

Edited by RCRanger03

cashed  a few short term SPY puts that were up nicely, and jumped in with a modest 5000 shares of SPSO

Ive got  free SPY , QQQ, and UVXY puts expiring tomorrow in case the market really takes a shit. They can all expire worthless and I'll still be up slightly. Still red on the day, but not nearly what I would be. would be green now if I didnt sell out to get a free ride, but those fuckers can collapse in price so fast and I wont have time this afternoon to pay attention.

Fidelity no likey the SPSO.  I'm guessing that's going to be a common theme with grround floor no financial pennies.  Are you guys mostly using Ameritrade?

I use Schwab for my stonking - it doesn't seem to GAF about the shadiness of the securities you're trying to trade and trades are free.

2 minutes ago, The Royal We said:

I use Schwab for my stonking - it doesn't seem to GAF about the shadiness of the securities you're trying to trade and trades are free.

Same.

15 minutes ago, The Royal We said:

I use Schwab for my stonking - it doesn't seem to GAF about the shadiness of the securities you're trying to trade and trades are free.

As it should be. It's my money to burn.

SPSO has been in gridlock here at .0685. I still have like 6k shares remaining on a partial fill and it’s not moved in over an hour.

  • Author
23 minutes ago, Hank_Hill said:

As it should be. It's my money to burn.

Burn baby, burn!!!

10 minutes ago, The Royal We said:

Furk!  I can't help myself on TSNP, bought another chunk at .87 

i just dipped a toe in the water as well

So TSNP is becoming .., TSNPD?  Per the finra site?  Also a 1/4 reverse split?  Damn

4 minutes ago, Hefeweizen said:

So TSNP is becoming .., TSNPD?  Per the finra site?  Also a 1/4 reverse split?  Damn

I can't check I'm in a meeting but that is what that means yes

1 hour ago, The Royal We said:

I use Schwab for my stonking - it doesn't seem to GAF about the shadiness of the securities you're trying to trade and trades are free.

 

1 hour ago, SuperSport said:

Same.

Thanks fellas.  Account opened.  Now we wait for the funding. 

Mr Bean Waiting GIF by MOODMAN - Find & Share on GIPHY

 

2 minutes ago, RCRanger03 said:

I can't check I'm in a meeting but that is what that means yes

Well furk.  I guess this helps with getting uplifted to nasdaq.  It’s a five buck minimum price, right?

3 minutes ago, RCRanger03 said:

I can't check I'm in a meeting but that is what that means yes

What is the PPS? Did they mention anything about an uplist? 1:4 would put it at $4 if it held $1

Hate to not be able to check

I should traded VOO in my IRA to The RCRanger03's ETF.

I'm holding, is the PPS cratering or is it staying up near $1?

Disappointed that this wasn't foreshadowed or filed instead of just showing up on FINRA

I'm holding. I bought more before seeing what caused the dip haha.

 

It's bounced between .80 and $1 currently around $.88

16 minutes ago, cam4mav said:

.92 - .93 or higher would be a great place to finish based on that chart. Basically the bump from this morning would have eaten the dip. 

4 minutes ago, bluto said:

Can we rename this to the “reverse split stonks” thread?

In hindsight putting split in the title was a bad move

Ends at $0.85

 

Tomorrow, we ride at dawn

Edited by cam4mav

So was humbl trying to lump the good (but worthless) ticker change news in with the reverse split? Seems like anything that is hyped as good news has a double helping of shit stew on the side as of late.

1 minute ago, cam4mav said:

Ends at $0.85

 

Tomorrow, we ride at dawn

I need time to process this, it's not that I didn't think it was possible, it's actually a necessary step given their SS. I just thought it would so much later in the process once the PPS had a chance to regain it's feet...

Also the no notice really irks me. 

I need time to process this, it's not that I didn't think it was possible, it's actually a necessary step given their SS. I just thought it would so much later in the process once the PPS had a chance to regain it's feet...
Also the no notice really irks me. 

Are they allowed to give notice?

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