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Anyone have fun messing in penny stocks?
Posted on 8/18/18 at 11:33 pm
Posted on 8/18/18 at 11:33 pm
I put $1,000 aside and decided to see if I could play the day to day any. Well I am happy to report that after 3 weeks I have $839 left. Thats a fricking win in my book. 
10
Posted on 8/19/18 at 12:40 am to LaBornNRaised
quote:
I put $1,000 aside and decided to see if I could play the day to day any. Well I am happy to report that after 3 weeks I have $839 left. Thats a fricking win in my book.
just go to the casino for fun.
Posted on 8/19/18 at 8:02 am to LaBornNRaised
Posted on 8/19/18 at 11:54 am to LaBornNRaised
LNGLF. Don't day trade it though. It's best days are in the next 1-3 years, but now is the time to get in.
Posted on 8/19/18 at 3:36 pm to LaBornNRaised
Over the past few weeks I put a few thousand into a cannabis stock. My son has 250,000 shares that he received (at no cost to him) when it was around .001 (it wasn’t a cannabis company at that time). They changed directions with the company and went the cannabis route and it’s at .04 now, so he has around $10K sitting there. A few of those cannabis stocks went from pennies to over $10.00/share. The potential for this company is huge. They are making all the right moves imo.
ETA: Only other time I fooled with a penny stock was a gold mining company my uncle was invested in. I just put around $800 into it. Could have sold when it went up 300%, but he swore it was going to hit big. Now it’s worthless. My uncle had a couple huge hits with companies like that one though. His son basicallyt paid for his house off a penny stock hit.
ETA: Only other time I fooled with a penny stock was a gold mining company my uncle was invested in. I just put around $800 into it. Could have sold when it went up 300%, but he swore it was going to hit big. Now it’s worthless.
My uncle had a couple huge hits with companies like that one though. His son basicallyt paid for his house off a penny stock hit.This post was edited on 8/19/18 at 3:45 pm
Posted on 8/19/18 at 6:51 pm to LaBornNRaised
Select Sands Corporation (SLSDF).
If you have the time to read - I've put a link below from a friend which is an excellent write up of the Comapny. Their Q2 numbers were fantastic.
$1.6M net income in Q2.
$29M in assets to $6.2M in liabilities
Currently a high demand for frac sand with price for frac sand increasing 17% over the past year.
LINK
If you have the time to read - I've put a link below from a friend which is an excellent write up of the Comapny. Their Q2 numbers were fantastic.
$1.6M net income in Q2.
$29M in assets to $6.2M in liabilities
Currently a high demand for frac sand with price for frac sand increasing 17% over the past year.
LINK
This post was edited on 8/19/18 at 6:58 pm
Posted on 8/20/18 at 6:43 am to LaBornNRaised
A wise man once told me “the best way to make $1 million in penny stocks is start with $2 million”
Posted on 8/20/18 at 10:32 am to LaBornNRaised
Have you ever noticed most of these stocks are closer to $0 than $1.
Posted on 8/20/18 at 12:51 pm to LaBornNRaised
Take a look at MMEX and their Pecos County Refinery Prioject.
Posted on 8/21/18 at 10:12 am to LaBornNRaised
I had a few that turned in to penny stocks after I bought them.
Posted on 10/8/18 at 4:19 pm to LaBornNRaised
Got a new one for you. WDDD. They spun off of MRMD and still own over 4.8 million shares. WDDD’s market cap is under 16 million which is extremely undervalued bc MRMD is trading at $4.80. If you valued them based on their holdings alone they should be trading higher due to the fact 4.8M*$4.80=$23 million. Below is a link of these facts the company put out two months ago before MRMD doubled in value.
WDDD Shareholder letter
WDDD Shareholder letter
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