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re: Closed -

Posted on 1/14/21 at 6:52 am to
Posted by Allthatfades
Mississippi
Member since Aug 2014
6693 posts
Posted on 1/14/21 at 6:52 am to
I haven’t don’t any research into this particular company but most of these penny stocks are just pump and dump and impossible to time. Personally if I was at a profit I’d get the hell out.
Posted by JamalSanders
On a boat
Member since Jul 2015
12135 posts
Posted on 1/14/21 at 6:53 am to
Robinhood is super easy to set a stop loss.

In the stock page hit the trade button on the lower right corner. And hit sell

Hit the little drop down arrow in the upper right hand corner. You should have market orders and conditional orders.

Hit whichever order you want and then it gives you a brief overview of what that order means.
Posted by supadave3
Houston, TX
Member since Dec 2005
30242 posts
Posted on 1/14/21 at 7:00 am to
quote:

JamalSanders



Thank you! That was simple, I never noticed the drop down in the upper right. Set stop loss for 70, that’ll be about triple average buy in price. I’ll take that any day.
This post was edited on 1/14/21 at 7:04 am
Posted by TDsngumbo
Alpha Silverfox
Member since Oct 2011
41558 posts
Posted on 1/14/21 at 7:12 am to
Very nervous about today. I’m down about $115 right now. Y’all have me considering selling to cut my losses before going further. shite these penny sticks aren’t for the faint of heart!
Posted by Fox McCloud
Member since Oct 2020
3525 posts
Posted on 1/14/21 at 7:13 am to
What did you buy at? It always dumps after a run like that
Posted by JamalSanders
On a boat
Member since Jul 2015
12135 posts
Posted on 1/14/21 at 7:23 am to
quote:

ost of these penny stocks are just pump and dump and impossible to time. Personally if I was at a profit I’d get the hell out.


Then set a trailing stop loss.
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 1/14/21 at 7:59 am to
i know the chart doesn't support this, but it seems like there is support at 91
Posted by Esquire
Chiraq
Member since Apr 2014
11583 posts
Posted on 1/14/21 at 8:02 am to
Somebody throw up the AT bat signal
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 1/14/21 at 8:07 am to
as soon as i say that...
Posted by rintintin
Life is Life
Member since Nov 2008
16168 posts
Posted on 1/14/21 at 8:17 am to
Just a word of caution, be careful with Stop losses on penny stocks. They can very easily crater past them and not trigger.

Especially pre-market and after hours. You'll wake up and the price could be 20% below your stop.
Posted by TDsngumbo
Alpha Silverfox
Member since Oct 2011
41558 posts
Posted on 1/14/21 at 8:23 am to
quote:

Just a word of caution, be careful with Stop losses on penny stocks. They can very easily crater past them and not trigger.

Especially pre-market and after hours. You'll wake up and the price could be 20% below your stop.

I'll be ready either way in 6 minutes.
Posted by MrJimBeam
Member since Apr 2009
12288 posts
Posted on 1/14/21 at 8:26 am to
It floated some between .87 and .97 throughout AH with mainly staying around 90-91.

Yes I have no life and have nothing better to do than stare at this shite
This post was edited on 1/14/21 at 8:27 am
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
57429 posts
Posted on 1/14/21 at 8:40 am to
quote:

Very nervous about today. I’m down about $115 right now. Y’all have me considering selling to cut my losses before going further. shite these penny sticks aren’t for the faint of heart!


dude get the frick out of penny stocks if you are so worried.
Posted by MrJimBeam
Member since Apr 2009
12288 posts
Posted on 1/14/21 at 8:44 am to
Yeah playing pennies is true gambling. I always go into it knowing I could flatline and just leave it there for eternity so I don't play heavy amounts. It's more for entertainment like Vegas
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 1/14/21 at 8:45 am to
I've lost track at how embarrassing this thread is now but at the same time I'm entertained
Posted by TDsngumbo
Alpha Silverfox
Member since Oct 2011
41558 posts
Posted on 1/14/21 at 8:45 am to
quote:

dude get the frick out of penny stocks if you are so worried.

I'm out now. Cut my losses and won't look back. I'll make it up in my other stocks. I have held lots of Disney and Carnival, as well as Apple since February and March and have done very well with those. I've always been more of a long term guy anyway but ZOM was intriguing to me. I should have sold when I was up but lesson learned. I won't fret the small loss. I've also recently gotten in on Scotts Miracle Grow and FBGRX (a growth fund but it has done well for me). I don't have the knowledge or time to pay attention to the short term as much as others here do. I'll just reinvest what I have left from ZOM into Disney since that is rocking and rolling for me.
This post was edited on 1/14/21 at 8:48 am
Posted by skewbs
Member since Apr 2008
2002 posts
Posted on 1/14/21 at 8:47 am to
Is anyone adding more today assuming it does see some support around .90? Or just holding tight and watching / waiting to see what happens next?
Posted by lsufreak337
Member since Aug 2015
226 posts
Posted on 1/14/21 at 9:08 am to
Hold strong boys
Posted by rocksteady
Member since Sep 2013
1280 posts
Posted on 1/14/21 at 9:13 am to
I've added 1000 more shares the last few days around .90 and under. I'm willing to risk the ~3k invested for the potential reward on this one. Cost basis is also low still at around .20c
Posted by Olric
New Orleans
Member since Jul 2015
1886 posts
Posted on 1/14/21 at 9:21 am to
I sold off 80% yesterday at 1.02...If it dips below 80 today I will jump back in and hold at least for the next 10-12 days as AT suggested
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