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Jumped on a runner today, GEVO

Posted on 8/20/20 at 8:28 pm
Posted by Golden_Retriever
USA
Member since Jun 2020
20 posts
Posted on 8/20/20 at 8:28 pm
Ran up 245% after winning a $1.5 Billion contract. Could have legs the next few days....who knows?
Posted by JimMorrison
The Peninsula
Member since May 2012
20747 posts
Posted on 8/20/20 at 9:14 pm to
GEVO is penny stock trash. Look at their company history.
Posted by castorinho
13623 posts
Member since Nov 2010
86353 posts
Posted on 8/20/20 at 9:53 pm to
Good for you.


Never do it again if you like money.
Posted by TigersSEC2010
Warren, Michigan
Member since Jan 2010
38156 posts
Posted on 8/20/20 at 10:15 pm to
GEVO is a lucky play that I would encourage you to not chase often. You can do well with penny stocks, but its 98% luck.
Posted by Saintsisit
Member since Jan 2013
5054 posts
Posted on 8/20/20 at 10:16 pm to
I made a shitload off of them today. I'm not investing in them, I don't really care about their company history.
Posted by Brettesaurus Rex
Baton Rouge
Member since Dec 2009
38261 posts
Posted on 8/20/20 at 11:58 pm to
Hey guys, they dropped an offering like an hour ago. If you’re still on GTFO ASAP
Posted by The Egg
Houston, TX
Member since Dec 2004
83151 posts
Posted on 8/21/20 at 12:50 am to
Knew that one was coming, I flipped a few times today but no way was I holding overnight

Small caps are much harder to stomach than OTC trading, for me at least.

They're all scams but the offerings really be fricking with you
Posted by Golden_Retriever
USA
Member since Jun 2020
20 posts
Posted on 8/21/20 at 3:32 am to
Thanks! Direct Offering without dilution no big deal. Hope I can buy on the dip for another nice day trade.
Posted by go ta hell ole miss
Member since Jan 2007
14546 posts
Posted on 8/21/20 at 7:08 am to
quote:

Thanks! Direct Offering without dilution no big deal. Hope I can buy on the dip for another nice day trade.


Any company whose stock would be valued at $915 dollars a share if there had been no dilution over the last five years is a big deal. People are not opposed to you making money, they are trying to save you money.

Me personally, I won’t be discouraging you from adding more if that’s what you choose. I have come to find that getting burned on penny stocks and inverse leveraged funds are lessons most people have to learn through experience with their own money. You’ll have your opportunity at a dip. It’s already dropped 30+% premarket. Good luck!
Posted by Golden_Retriever
USA
Member since Jun 2020
20 posts
Posted on 8/24/20 at 8:11 pm to
I made a shitload off of them today. I'm not investing in them, I don't really care about their company history.

Hope your still holding. It’s going to be a great week!
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