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Started By
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Penny Stocks
Posted on 2/11/14 at 9:40 am
Posted on 2/11/14 at 9:40 am
Looking for some good penny stock ideas.
About to start doing some homework...
Any recommendations?
About to start doing some homework...
Any recommendations?
5
Posted on 2/11/14 at 9:44 am to blueboxer1119
Other than "don't" ?
ETA: In case that was overly sarcastic or unhelpful, let me put it this way: penny stocks are extremely risky (as you probably know). The reason people invest in risky assets is because of the risk premium -- as a general rule, riskier assets have higher returns because you have to pay people more money to get them to assume higher risks. This is why B rated bonds pay higher coupon rates than AAA rated bonds.
However, the risk premium breaks down at the penny stock level. They are extremely risky, but they do not provide higher returns to compensate for the risk.
LINK
They also have liquidity issues.
ETA: In case that was overly sarcastic or unhelpful, let me put it this way: penny stocks are extremely risky (as you probably know). The reason people invest in risky assets is because of the risk premium -- as a general rule, riskier assets have higher returns because you have to pay people more money to get them to assume higher risks. This is why B rated bonds pay higher coupon rates than AAA rated bonds.
However, the risk premium breaks down at the penny stock level. They are extremely risky, but they do not provide higher returns to compensate for the risk.
LINK
They also have liquidity issues.
This post was edited on 2/11/14 at 10:00 am
Posted on 2/11/14 at 9:52 am to blueboxer1119
You would probably have a better chance waiting on something bitcoin related to get hacked, the price fall, and buy a couple of those. Sell in a few weeks. Just don't be the one who has to turn out the lights.
Posted on 2/11/14 at 10:02 am to OnTheBrink
I've made money on PAL, AIVI and CAK. I managed to get covered calls sold on PAL and CAK. CAK is very fundamentally sound. AIVI stopped reporting after the Chinese stocks got killed for inaccurate reports, but if you dig deep, this one is likely worth a gamble. PAL has some issues to work through, but would be to me at least in a worst case scenario a buy out candidate based on assets owned.
All penny stocks. All have different balance sheets and income statements from the pot stocks you guys were watching in the other thread. Meaning they actually have assets and sales.
All penny stocks. All have different balance sheets and income statements from the pot stocks you guys were watching in the other thread. Meaning they actually have assets and sales.
Posted on 2/11/14 at 6:07 pm to Iowa Golfer
I asked this same question on here 2-3 months ago. I got everything from "don't", "take money and flush down toilet", "take planned investment, put all on black/red/whatever number", and so on. With the market being so volatile, you can hit it big. Some biomedical and pharmaceutical have been really rising fast with good clinical results. If you are willing to take the risk, like I was, you can make some money. I got into Curis Inc, which is a biomedical company that is attempting to produce a breast cancer reduction drug. It has had some decent early trials so it has been ok for me. I bought in at $2.63 a share and its been around $3 the past few days. If you want penny stocks though I will say good luck! I'm batting .500 on my ventures in them, one totally tanked and one the jury is still out on. Also, look into the medical marijuana companies. I know a thread was started on that the other day with people saying it has a lot of room for growth.
This post was edited on 2/11/14 at 6:08 pm
Posted on 2/11/14 at 6:10 pm to blueboxer1119
i have had a few stocks that went down to a penny.
Posted on 2/11/14 at 6:46 pm to Hawkeye95
Anyone on CERS?
Not really a penny stock at $7 and listed, but FDA ruling for them on Feb 22 could send that one up quite a bit. Was reading about it earlier, thinking of making a play.
Not really a penny stock at $7 and listed, but FDA ruling for them on Feb 22 could send that one up quite a bit. Was reading about it earlier, thinking of making a play.
Posted on 2/11/14 at 9:22 pm to southernelite
Barfresh food group ticker brfh is a company I stumbled upon last year. I started buying around .23-.35. It went up to .65 about 3 weeks ago but has pulled back quite a bit. I think some hype in marijuana stocks had something to do with the sell off/pullback.
You can look at the website or get some articles off twitter. Small company growing in the USA. It's basically a smoothie product for the qsr (quick service restaurants).
I feel like this could be the next monster beverage. A stock that goes from .50 to $50. If they can get 6-10% of the market share in that industry in the USA, it can really run.
You can look at the website or get some articles off twitter. Small company growing in the USA. It's basically a smoothie product for the qsr (quick service restaurants).
I feel like this could be the next monster beverage. A stock that goes from .50 to $50. If they can get 6-10% of the market share in that industry in the USA, it can really run.
Posted on 2/12/14 at 2:15 pm to blueboxer1119
AMRN
Posted on 2/12/14 at 2:47 pm to Mootsman
POIL looks interesting to me. In Sept. shares were selling for $400/piece...
Posted on 2/12/14 at 6:09 pm to blueboxer1119
POIL has a negative book value. Enterprise value is zero. Has reported no revenue ever. Has a total of $2,000 of assets. They appear to have changed names, stock symbols and business plans several times. I'm guessing if you went to the pump and dump website, you would find POIL there somewhere.
Do yourself a favor. Buy CAK, either before the split, or after. The split is for common stock, about 1.4 shares for every share owned, no dilution in ownership, and cash for fractional shares. It is going to be a $20 stock. I'm in it at .55, and I'm buying more.
Take a look at their balance sheet. No debt. None. Assets they can't report yet. A partnership with Allied Energy, not exactly a small company. On and on it goes.
Penny stocks are mostly junk. POIL is junk. CAK isn't, but you need to take some time, review their balance sheets, income statements and see if any analysts are following them.
Do yourself a favor. Buy CAK, either before the split, or after. The split is for common stock, about 1.4 shares for every share owned, no dilution in ownership, and cash for fractional shares. It is going to be a $20 stock. I'm in it at .55, and I'm buying more.
Take a look at their balance sheet. No debt. None. Assets they can't report yet. A partnership with Allied Energy, not exactly a small company. On and on it goes.
Penny stocks are mostly junk. POIL is junk. CAK isn't, but you need to take some time, review their balance sheets, income statements and see if any analysts are following them.
Posted on 2/12/14 at 6:17 pm to Iowa Golfer
When are they releasing Q4? Any chance they make it to black on 13Q4 or 14Q1?
Very interesting.
Very interesting.
Posted on 2/12/14 at 6:28 pm to southernelite
quote:
When are they releasing Q4? Any chance they make it to black on 13Q4 or 14Q1?
Earnings are sometime in April. I doubt they reach any type of profitability for some time. Earnings right now aren't the story. They're sitting a lot of oil. A lot. Review the news stories, the partnership with Allied and everything else on there. Book value is $1.09, keeping in mind an oil company can't report oil fields fully as an asset until they pump some oil out. Enterprise value is almost dead with market cap.
The only question I have is when to buy. This is an unusual stock dividend. I can see the revalues stock shooting back to to pre dividend prices quickly. I'm almost wondering if I'd be better off buying more now, raising my cost basis, because of this.
Also, there is one large bank and several hedge funds waiting to pull the trigger. Wells Fartgo Financial Services big. They have larger net worth clients in it now. It's how I found out about it.
Posted on 2/12/14 at 7:40 pm to Iowa Golfer
quote:
They're sitting a lot of oil. A lot. Review the news stories, the partnership with Allied and everything else on there. Book value is $1.09, keeping in mind an oil company can't report oil fields fully as an asset until they pump some oil out. Enterprise value is almost dead with market cap.
What company is this?
Posted on 2/12/14 at 8:41 pm to GREENHEAD22
quote:
What company is this?
CAK. Take a look, and let me know what could possibly be wrong with this company.
Posted on 2/12/14 at 8:59 pm to Iowa Golfer
LINK /
Someone just leased them a tanker and ship rigged with some equipment for the next three years. $272K per day. And they have hardly any revenue.
The three sweetest words that I have hardly ever gotten to say. This one is 1) A 2) Sure, 3) Thing.
Someone just leased them a tanker and ship rigged with some equipment for the next three years. $272K per day. And they have hardly any revenue.
The three sweetest words that I have hardly ever gotten to say. This one is 1) A 2) Sure, 3) Thing.
Posted on 2/12/14 at 9:05 pm to Iowa Golfer
IG you say CAK is a $20 stock. Given what it's trading at now, when does $20 happen IYO?
This post was edited on 2/12/14 at 9:06 pm
Posted on 2/12/14 at 9:17 pm to Jwodie
Probably not until at least 2016. Click the link and see what they are sitting on. It takes years to produce it. They are producing some now. No company does a FINRA compliant stock dividend like this which immediately lowers the cost basis to current share holders without diluting ownership, and the shares they are issuing to the other companies for leases, before dividend, are valued lower. It's about 1.60 -v- 2.00 in real math. One guy on Seeking Alpha disagrees, but he clearly has no clue what he is talking about.
Posted on 2/12/14 at 9:48 pm to Iowa Golfer
Iowa Golfer:
I'm intrigued. I did some reading on the company and it looks solid. I see that it says shareholders (as of Feb 13) will receive 1.4348 additional shares of common stock for each share held. Sounds great, but what do you anticipate the stock price to be after the dividends are paid out? I realize you're not a fortune teller, just curious bc you seem to have good info.
Would it be more beneficial to invest tom, so I can get a part of those dividends, or after when the pps will fall?
I'm intrigued. I did some reading on the company and it looks solid. I see that it says shareholders (as of Feb 13) will receive 1.4348 additional shares of common stock for each share held. Sounds great, but what do you anticipate the stock price to be after the dividends are paid out? I realize you're not a fortune teller, just curious bc you seem to have good info.
Would it be more beneficial to invest tom, so I can get a part of those dividends, or after when the pps will fall?
Posted on 2/12/14 at 9:52 pm to blueboxer1119
I bought XTRN at $0.07/share in 2008. $800 in at over $1.00/share, things are looking good 
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