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Started By
Message
New penny stock LTNC, just bought 8000 shares at $0.03/share
Posted on 2/26/21 at 11:26 am
Posted on 2/26/21 at 11:26 am
17
Posted on 2/26/21 at 11:32 am to white perch
New to the penny stock game. I only have a RobinHood account. Started investing some in the account. I see that penny stocks are not available for the most part. Where do you guys invest/acquire the stocks?
Posted on 2/26/21 at 11:34 am to white perch
posting this on every single penny stock thread
Posted on 2/26/21 at 11:59 am to white perch
Fidelity will not let me buy. WTF
Posted on 2/26/21 at 12:30 pm to white perch
You're in luck. Penny stocks only go up. 
Posted on 2/26/21 at 1:12 pm to white perch
Good dd baw
Sign me up for 100k shares
Sign me up for 100k shares
Posted on 2/26/21 at 1:21 pm to white perch
i got 10K shares
5K at 1130
5K just a minute ago
the stockwits link is saying this going to .10 in 5-7 days
whats the plan with this?
5K at 1130
5K just a minute ago
the stockwits link is saying this going to .10 in 5-7 days
whats the plan with this?
Posted on 2/26/21 at 1:52 pm to white perch
I'm in!!!!! LETS GO TO THE SUN!!!
Posted on 2/26/21 at 3:11 pm to white perch
Y'all are crazy.
And I'm pretty crazy myself.
And I'm pretty crazy myself.
Posted on 2/26/21 at 6:50 pm to white perch
Posted on 2/26/21 at 8:45 pm to white perch
I've never bought any stocks on the OTC market, let alone one that is a legit penny stock that I'm guessing everyone believes is a scam but hoping that it can get pumped up enough to make some money.
But how does this work exactly? Are there trading fees or are there free options like we have for the stocks on exchanges?
In addition, I don't really get caught up with the bid-ask spread, because I'm buying for the long term, and the stocks and funds I buy have enough volume and priced high enough that the spread is only a small percentage. But how does that work when a stock is literally almost a penny?
I guess in this case with something like 8 BILLION (aburd amount) of shares outstanding, and a lot of volume with this pump or whatever, but it seems to me that the spread could be a large percentage of the price, even greater than 100% (maybe I'm wrong). So even if there is a decent gain, and I guess it doesn't take much to have large gain, these trading costs would take a lot of the profit off the table.
I don't understand why you guys do this, especially when it's pretty clear it's most likely a scam, or just doesn't have any value even at that price, especially without any information to judge that value that it might have. Even if its just a little bit of money, it just seems like a lot more effort and a lot less likely to be a winning one, than just buying Apple or Amazon or whatever for that same amount. Unless it's just an alternative to say sports betting or online poker, and it's just fun gambling on something random.
But how does this work exactly? Are there trading fees or are there free options like we have for the stocks on exchanges?
In addition, I don't really get caught up with the bid-ask spread, because I'm buying for the long term, and the stocks and funds I buy have enough volume and priced high enough that the spread is only a small percentage. But how does that work when a stock is literally almost a penny?
I guess in this case with something like 8 BILLION (aburd amount) of shares outstanding, and a lot of volume with this pump or whatever, but it seems to me that the spread could be a large percentage of the price, even greater than 100% (maybe I'm wrong). So even if there is a decent gain, and I guess it doesn't take much to have large gain, these trading costs would take a lot of the profit off the table.
I don't understand why you guys do this, especially when it's pretty clear it's most likely a scam, or just doesn't have any value even at that price, especially without any information to judge that value that it might have. Even if its just a little bit of money, it just seems like a lot more effort and a lot less likely to be a winning one, than just buying Apple or Amazon or whatever for that same amount. Unless it's just an alternative to say sports betting or online poker, and it's just fun gambling on something random.
Posted on 2/26/21 at 9:30 pm to white perch
The stockwits link is pumping me up but are they like wsb? I fell for that trap with amc. Are they all just morons who don’t know shite? Or is this an army to fight ws ppl and give them a middle finger?
Posted on 3/1/21 at 8:18 am to white perch
What do yall use to buy this? I see TDA. Any other standard online broker?
Posted on 3/1/21 at 3:53 pm to white perch
Well, you took a beating today. Maybe do like I do gambling - now buy 16000 at .02? If it goes down again tomorrow, buy 32,000 at .01?
Posted on 4/12/21 at 11:09 pm to white perch
What’s the play with this one?
Posted on 4/14/21 at 9:10 am to white perch
Another terrible day. Already down 16%.
Posted on 5/5/21 at 9:20 am to white perch
Down 20% today
Posted on 6/17/21 at 10:35 am to white perch
This thing has been plummeting lately
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