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re: RTON is making a huge move today (Weed stock)

Posted on 4/1/21 at 3:16 pm to
Posted by wahoocs
Lafayette, LA
Member since Nov 2004
24468 posts
Posted on 4/1/21 at 3:16 pm to
WDLF has all the same jargon

We should get together and form our own stock with a ticker

It’s like oil exploration. Sell everyone on the tract. Sellers and drillers get paid. No profits. Move on to the next tract
Posted by el Gaucho
He/They
Member since Dec 2010
58305 posts
Posted on 4/1/21 at 3:34 pm to
Y’all should get out of these sketchy penny stocks and be efir

It’s a non sketch penny stock
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 4/1/21 at 3:48 pm to
HITIF
Posted by High C
viewing the fall....
Member since Nov 2012
59259 posts
Posted on 4/1/21 at 4:10 pm to


LOL, I’ll likely bail at the top of this momentum.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10599 posts
Posted on 4/1/21 at 4:13 pm to
So I had to aggressively buy into this (emotional overreaction, and misunderstanding their financials) to average down. I wasn't able to sell today, but as it stands, I'm up 16%. I had intended to sell, but got caught up in something else. I don't see it as a crisis, and should be able to get out with a small gain at some point early next week. For one, there were no surprises in the financials. I knew it was a fake company going in. They almost always are. And the financials actually showed significant improvement in areas that will carry this through the short term. The short term being long enough to get me out of this.

All of these are the same, you get up, you sell, and you forget it and move on. If it goes bad, like this one looked like today, you make a decision to either buy into the fear, or dump at a loss. I decided the later, and if I get out next week, this will have proven to be a correct decision. Where it stands today doesn't make my decision correct, or incorrect, becuase it is an unrealized gain. The only gains that ever matter are realized gains. And that's my fault as I got busy and couldn't unload at .0045.

It's been fun. FWIW, all the other pennies on here, some of which I'm in, are exactly the same as this stock.

Posted by High C
viewing the fall....
Member since Nov 2012
59259 posts
Posted on 4/1/21 at 4:24 pm to
Dude, $1 before the end of the summer!!
Posted by Stagliano
Member since Dec 2020
1661 posts
Posted on 4/1/21 at 4:45 pm to
quote:

I’ll likely bail at the top of this momentum.





I respect it lol I admit that my temper costed me a grand or so
Posted by Stagliano
Member since Dec 2020
1661 posts
Posted on 4/1/21 at 4:55 pm to
I actually really appreciate your robotic approach to this. Its an understanding I'm genuinely trying to develop with the OTC market. To unlearn the concepts of profitability and solvency
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
58265 posts
Posted on 4/1/21 at 6:36 pm to
Wtf I'm just seeing this..... Can you sum it up in a paragraph? I'm driving to texas.
Posted by High C
viewing the fall....
Member since Nov 2012
59259 posts
Posted on 4/1/21 at 7:00 pm to
Are you talking about RTON specifically, or his penny/OTC approach? I can sum it up for you in three words in most cases:

Pump and dump
Posted by Saint5446
Member since Jan 2014
897 posts
Posted on 4/4/21 at 8:57 pm to
Anyone excited for this tomorrow after they announced filing right before close Thursday?
Posted by michael corleone
baton rouge
Member since Jun 2005
6381 posts
Posted on 4/4/21 at 9:05 pm to
Yes!!
Posted by supadave3
Houston, TX
Member since Dec 2005
31711 posts
Posted on 4/4/21 at 11:06 pm to
quote:

’all should get out of these sketchy penny stocks and be efir

It’s a non sketch penny stock


Looks pretty sketch to me. It’s literally .01 with no upcoming earning. Are you being sarcastic?
Posted by METAL
Member since Nov 2020
1539 posts
Posted on 4/5/21 at 7:23 am to
Why the pop on Thursday afternoon?
Posted by Stagliano
Member since Dec 2020
1661 posts
Posted on 4/5/21 at 9:33 am to
They finally dropped their 10K and nobody bothered reading it
Posted by METAL
Member since Nov 2020
1539 posts
Posted on 4/5/21 at 10:04 am to
Reading in now. Glad it popped but I guess I'll start cutting my position. Thankfully I got in early.
This post was edited on 4/5/21 at 10:06 am
Posted by ihometiger
Member since Dec 2013
12475 posts
Posted on 4/5/21 at 1:03 pm to
Glad I sold my position in this thing.
Posted by Richleau
Member since Dec 2018
3933 posts
Posted on 4/7/21 at 10:24 pm to
They just opened up their first store front. I kind of think y’all sold a little too early.
Posted by SkinnyTestaverde
Fort Lauderdale
Member since Dec 2009
401 posts
Posted on 4/7/21 at 10:46 pm to
I am not in this stock but have followed the thread a little. Based on everyone in the last two pages you would think it dropped like 70%.

What was the actual fall?
Posted by Richleau
Member since Dec 2018
3933 posts
Posted on 4/7/21 at 11:02 pm to
I think they just can’t read 10ks. They paid off their debt and increased revenues by 1200%. It’s a bit absurd that people are bowing out. This likely will be at .5 in two years.
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