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Any of y’all buying NMLSF?

Posted on 12/22/22 at 6:07 pm
Posted by TrouserTrout
Member since Nov 2017
6425 posts
Posted on 12/22/22 at 6:07 pm
Got in around .03
Posted by TDFreak
Coast to Coast - L.A. to Chicago
Member since Dec 2009
9006 posts
Posted on 12/22/22 at 10:07 pm to
I usually get this completely wrong and a stock I bash typically goes up another 500%. But here I go again…

So don’t take any of this as bashing. I wish you luck. My concerns are as follows

Its market cap is kinda small. $11M. That could make it very volatile.

A total of 229,000 shares traded hands today. That’s the equivalent of $17,000. Anyone buying in would be a sizable percentage of the daily volume. That makes it illiquid.

It is an OTC, which don’t have the same rigor when it comes to reporting or auditing.

I wish you luck. Just have a stop price in mind in case it drops.
Posted by TrouserTrout
Member since Nov 2017
6425 posts
Posted on 12/23/22 at 12:54 am to
All good. I like the insight. I dabble in trading a little but I’m by no means a professional. Mostly invest in mutual funds, ETFs, and dividend stocks. Have a small percentage set aside when something like this comes up.
Posted by TDFreak
Coast to Coast - L.A. to Chicago
Member since Dec 2009
9006 posts
Posted on 12/23/22 at 7:18 am to
Did you double your money? It had a great run so far.
Posted by el Gaucho
He/They
Member since Dec 2010
58529 posts
Posted on 12/23/22 at 9:31 am to
Why’s bid ask so brutal
Posted by TrouserTrout
Member since Nov 2017
6425 posts
Posted on 12/23/22 at 9:34 am to
quote:

Did you double your money?
yes I did double my money so far.

It’s up to .08 this morning.
This post was edited on 12/23/22 at 9:35 am
Posted by TrouserTrout
Member since Nov 2017
6425 posts
Posted on 12/23/22 at 9:45 am to
I’m not sure Gaucho.
Posted by el Gaucho
He/They
Member since Dec 2010
58529 posts
Posted on 12/23/22 at 12:31 pm to
Idk I might buy but everything is fake and this seems pretty fake too
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