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Started By
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Posted on 3/1/21 at 3:33 pm to Houstiger
So what happened here? Three pages of buzz and then today as it tanks...nothing?
Posted on 3/1/21 at 3:42 pm to JackTMed
quote:
So what happened here? Three pages of buzz and then today as it tanks...nothing?
This is how penny stocks roll man, up a lot, down a lot. It’s all an educated guess. Tomorrow it may be back up to 5 cents. Who knows?
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 3/1/21 at 4:01 pm to Geaux Guy
so i have 25K shares. I am not selling because i read this happened last monday. I will say I was totally expecting with the hype all weekend, that this thing was going to go the opposite way
i am going to hold instead of taking my loss and remainder of whats left. Just evident that we arent getting to .10 this week as people were saying
i am going to hold instead of taking my loss and remainder of whats left. Just evident that we arent getting to .10 this week as people were saying
Posted on 3/1/21 at 4:02 pm to makersmark1
quote:
LINK
Please consider reading this.
I have found it to be a helpful resource for understanding how to allocate my capital.
I’m not undefeated. I’m not perfect. I’m probably closer to retirement than many of you, but the vast majority of the wealth I’ve accumulated over 30 years as an investor has been from “time in the market,” not “timing the market.”
It’s your money. You’re an adult. Penny stocks may bring some entertainment value to the process, but for most people, boring is better.
Can you provide cliff notes for this book or at least your basic strategy?
Posted on 3/1/21 at 4:57 pm to Brobocop
quote:
Dude acquired a pizzeria and a water company, but they’re in staffing.
This reeks of P&D. It’ll go up if it takes off on Reddit, but don’t hold long term guys.
quote:
by Brobocop
Posted on 3/1/21 at 5:22 pm to StonewallJack
quote:
Can you provide cliff notes for this book or at least your basic strategy?
Long term stocks tend to be priced based on assets, earnings, dividends, and other fundamental business metrics.
There is also a section on “insider” trades being something to follow to produce returns.
Lastly, “reversion to the mean” shows that beat up stocks can outperform high multiple stocks.
There are tons of tables in the pamphlet. Just look at those.
TL;DR stock purchases should based on business valuations and dividends for long term results.
Posted on 3/2/21 at 7:50 am to makersmark1
This took an absolute brutal hit yesterday
Be careful with the Stan the Trading Man pumps. He talks long term PTs like they’re coming tomorrow.
Be careful with the Stan the Trading Man pumps. He talks long term PTs like they’re coming tomorrow.
Posted on 3/3/21 at 8:32 am to Brettesaurus Rex
Strong rebound today?
Posted on 3/3/21 at 9:44 am to Houstiger
16% so far. LLOOOOONNNGGGG way to go to get back
Posted on 3/3/21 at 11:18 am to Large Farva
starting to buy into this company after seeing the tweets from those involved
we shall see
we shall see
Posted on 3/3/21 at 1:02 pm to white perch
I think im going to buy 10K more and be a total of 35K into this
Monday i felt like was scammed and even yesterday but I am starting to see things come out that pushing me that this will be a great long term play also
Monday i felt like was scammed and even yesterday but I am starting to see things come out that pushing me that this will be a great long term play also
Posted on 3/17/21 at 10:52 pm to white perch
Might get interesting tomorrow.
Posted on 3/18/21 at 7:48 pm to Tigerdogz
Because it could go up or down on the whims of message board posters.
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