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Pulled my cost basis from TSNP today, what is everyone else thinking?

Posted on 1/26/21 at 11:03 am
Posted by LSU in Frisco TX
In the Green
Member since Oct 2006
752 posts
Posted on 1/26/21 at 11:03 am
I was in at .20 and pulled my initial investment out today .45

I’m curious what other MT folks are doing?
Posted by txbd
Valhalla
Member since Jan 2014
2235 posts
Posted on 1/26/21 at 11:05 am to
Posted by beef42
Thy
Member since Feb 2009
826 posts
Posted on 1/26/21 at 11:05 am to
Not smart
Posted by ForeverLSU5
Member since Mar 2019
1972 posts
Posted on 1/26/21 at 11:09 am to
Sold at .46 to get initial investment back, have around 4,000 shares now to hold strictly for profit
Posted by AUHighPlainsDrifter
South Carolina
Member since Sep 2017
3075 posts
Posted on 1/26/21 at 11:12 am to
Doubled my money and sold at .375...currently regretting that move.
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 1/26/21 at 11:14 am to
what is the PT for TSNP?
Posted by brightside878
Baton Rouge
Member since Sep 2009
1559 posts
Posted on 1/26/21 at 11:18 am to
6
Posted by AUHighPlainsDrifter
South Carolina
Member since Sep 2017
3075 posts
Posted on 1/26/21 at 11:21 am to
In the original thread, AT stated, "Short term ( January ) this should be a easy 50-100% run, long term??? I really like this company. Its a growing Penny Stock, its going to be a rough ride."

I don't know if he stated a long term PT, but here is the original thread if you feel like reading all 10 pages>> LINK /
Posted by CaptainJ47
Gonzales
Member since Nov 2007
7334 posts
Posted on 1/26/21 at 11:50 am to
Timmy- AT sees this as a potential competitor to PayPal down the road. Right now market cap is <1% of PayPal’s. Getting to 10% of PayPal’s market cap puts it at $6.48 at last check.

If you, based on your posts, are a super short term trader then you need to weigh your timing vs the practical timing of growth for TSNP.
Posted by LSUisKING12
Baton Rouge
Member since Sep 2010
320 posts
Posted on 1/26/21 at 11:54 am to
Too late to enter in this one?
Posted by Lightning
Texas
Member since May 2014
2297 posts
Posted on 1/26/21 at 11:56 am to
It's dipping today, if you're interested.

I'm up 135% and planning to hold for a while.
Posted by CaptainJ47
Gonzales
Member since Nov 2007
7334 posts
Posted on 1/26/21 at 12:00 pm to
I am no AT here let me preface. Today is better to enter than yesterday. I personally am looking to add more shares at the right point. Admittedly I am waiting on some cash from a sale of some UNH shares.
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 1/26/21 at 12:06 pm to
i am more of a swing trader. i prefer to hold stocks anywhere from 2 weeks to 2-3 months. there are some circumstances where I won't. i generally invest in stocks in the $2500 to $4500 high range (sq, pypl, roku). once i get to a certain number $700+ and a certain percentage, I start thinking of selling. I've gotten burned too many times holding too long. I sold FSLY (because it was approaching its last high mark around 130 on an overall down day across the market) and DQ (because it can drop 20% very quickly). I've bought both dq and fsly 3 separate times and took home about the same.

now, these penny stocks. I just started those. I bought and sold BMIX today. It ran up to 120% and free fell, so I sold at 88% to take home more than my 700 mark.

I'm going to hold onto BNGO. Up 600 right now. Will hold TSNP, but getting nervous. ZOM down 600. Still holding. Still holding BB. We will see what happens. I may sell one or two to buy more stable stocks like VEEV, TSM, or SE.

I like to build in chunks.

There isn't a ton of info on a lot of these pennies. Watching a ton of youtube vids
This post was edited on 1/26/21 at 12:09 pm
Posted by fallguy_1978
Best States #50
Member since Feb 2018
48347 posts
Posted on 1/26/21 at 12:06 pm to
I bought a little more today since it's down so much. I only own 2500 shares now so it's not a huge sum of money or anything. I usually keep a little cash in my accounts for specs because they are fun to trade.
Posted by AUHighPlainsDrifter
South Carolina
Member since Sep 2017
3075 posts
Posted on 1/26/21 at 12:21 pm to
quote:

ZOM down 600


Patience on the ZOM. You should get that back in March once the news of their Truforma platform launch is more out in the public eye.
Posted by jfw3535
South of Bunkie
Member since Mar 2008
4640 posts
Posted on 1/26/21 at 12:36 pm to
Did the same thing. Pulled out my initial investment yesterday and riding on house money with the rest. Let's see how far this train will take us!!!
Posted by LSUGUMBO
Shreveport, LA
Member since Sep 2005
8487 posts
Posted on 1/26/21 at 1:54 pm to
Bought another 1200 shares on the dip- I'm averaged at around $.30/share.
Posted by slinger1317
Northshore
Member since Sep 2005
5801 posts
Posted on 1/26/21 at 2:28 pm to
Is $0.42 too high to get in??
Posted by MadDogs
Member since Jul 2018
444 posts
Posted on 1/26/21 at 3:58 pm to
I am in at .20 and am planning to hold this for a while. I also plan to buy in on dips. This is a tiny piece of my portfolio, but I do think there is good upside potential here.


This is not investment advice.
Posted by Ruxins Rascals
Middle of Da Bayou
Member since Nov 2018
537 posts
Posted on 1/27/21 at 7:28 am to
Im thinking about adding more if this thing drops a little at open
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