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SUB Penny stock BMIX link page 2 possible giga factory in Brazil ?
Posted on 1/23/21 at 10:17 am
Posted on 1/23/21 at 10:17 am
Stumbled across this one 2 weeks ago @ .0012 and threw $100 on it for 77,000 shares for fun. It is a diamond, gold and now Lithium mineing operation in Brazil. Only 1 person was posting in the room on stocktwits (now quite a few and tagging other stocks) and now it is gaining some traction. Currently at .0076
They got permits from the Brazilian government for 2 Lithium mines recently so they are being pumped on that.
Full disclosure I have no idea how legit they are I'm just in it for the lotto play and to be in a penny stock when it's below a penny. I will increase my position to an even 100k on Monday and pray this thing gets pumped to $1.
Feels good to be in 1 of these while it's below a penny instead of at .17 like ZOM
I think this is a complete Lotto play but hey even if it's 5 or 10 years from now this turns into something I got a shitload of shares for cheaper then the money I would lose at a casino in one night !
They got permits from the Brazilian government for 2 Lithium mines recently so they are being pumped on that.
Full disclosure I have no idea how legit they are I'm just in it for the lotto play and to be in a penny stock when it's below a penny. I will increase my position to an even 100k on Monday and pray this thing gets pumped to $1.
Feels good to be in 1 of these while it's below a penny instead of at .17 like ZOM
I think this is a complete Lotto play but hey even if it's 5 or 10 years from now this turns into something I got a shitload of shares for cheaper then the money I would lose at a casino in one night !
This post was edited on 1/25/21 at 11:17 am
16
Posted on 1/23/21 at 10:36 am to ReadyPlayer1
Thanks for bringing this. I’ve always wanted to get in one of these super early
Posted on 1/23/21 at 10:57 am to Fox McCloud
No problem, same here I'm always in at .05 or .10 or .17 when others are in below .01
Posted on 1/23/21 at 11:03 am to ReadyPlayer1
Hopefully fidelity doesn’t cock block me
Posted on 1/23/21 at 11:04 am to ReadyPlayer1
It doesnt have to be legit for the price to go up. Just enough hype. You're doing your part. Im in for 15K shares. Why not?
Posted on 1/23/21 at 11:05 am to ReadyPlayer1
Thanks for the recc. Going to toss some 401k money at this one. 80% of my 401k is in funds. 20% are in individual stocks. Most of those are spacs, but I’ll make an exception on this one lol.
Posted on 1/23/21 at 11:17 am to 3PieceSpicy
If you do spacs look at spacs warrants. I just started doing those instead if you get in early you can get more multiple's then keep some for long term.
Posted on 1/23/21 at 11:27 am to James11111
quote:because in the long run, it's a losing proposition.
Why not?
And that's not an attack on the OP,just speaking in general. At least he presented his case with disclosures. Most threads just say "ABCD, look it up."
Posted on 1/23/21 at 11:41 am to castorinho
Well, I'm definitely no expert, but im sure there are people that make a living buying and selling penny stocks that are making the rounds on message boards based on nothing but hype.
Posted on 1/23/21 at 11:48 am to James11111
If I had to pick a penny stock to go long in it would be Destination XL. America is fat and it’s surprising that stock is so cheap.
Posted on 1/23/21 at 1:11 pm to castorinho
quote:
because in the long run, it's a losing proposition.
And that's not an attack on the OP,just speaking in general. At least he presented his case with disclosures. Most threads just say "ABCD, look it up."
It really is just like buying lotto tickets on this one. I believe most penny stocks are like that more or less this one alot more risk. Just wanted to let y'all know that it might get some hype behind it and every penny I put in I am prepared and expecting to lose.
Posted on 1/23/21 at 5:15 pm to ReadyPlayer1
Yeah, I need to do more research on the warrants. I’ve done really well buying things like IPOE, CCIV, and SKLZ really early in the process, but I haven’t tried to do anything with the warrants, bc those technically have downside, where as the Spacs really don’t if you can get in sub 10.5.
Posted on 1/23/21 at 5:19 pm to 3PieceSpicy
I'm talking about just trading them. If you buy them at $2.50 and they go to $10 then that's 4x. Where the spac probably went from $11 to $30. When ever the spacs has its big run so will the warrants and just trade them like a regular stock and sell them. I'm doing that now and leaving like 20% in as warrants for long as long as I like the company.
Posted on 1/23/21 at 10:52 pm to ReadyPlayer1
In your experience what’s a good warrant price to target? Obviously under 11 is the number for most spacs (exception psth). Is the $2.50 area a good place to target the warrants?
Posted on 1/23/21 at 11:13 pm to ReadyPlayer1
How do you actually buy a warrant on say fidelity? Is it just a different ticker?
Posted on 1/23/21 at 11:42 pm to 3PieceSpicy
If you can get a warrant under $3 is great, I would say low $3 range is probably like buying a spac under $12.
Tickers vary, for me it is vgac/ws for vgac that is on my thinkorswim app. If I got to my regular TD Ameritrade app it is vgac+
Just type in the spac like vgac and it should being up everything vgac and just read the description.
Here is NGA for example
I want Northern Genesis NGA/WS but they also just so happen to have NGACW which is a different stock.
Tickers vary, for me it is vgac/ws for vgac that is on my thinkorswim app. If I got to my regular TD Ameritrade app it is vgac+
Just type in the spac like vgac and it should being up everything vgac and just read the description.
Here is NGA for example
I want Northern Genesis NGA/WS but they also just so happen to have NGACW which is a different stock.
Posted on 1/23/21 at 11:47 pm to ReadyPlayer1
quote:
increase my position to an even 100k on Monday
Shares or dollars?
Posted on 1/24/21 at 12:14 am to ReadyPlayer1
Appreciate it my man. I am definitely going to look into some cheaper spac warrants and probably buy a few in the next few weeks.
The early leader in the clubhouse is FCACW for 2.45 a warrant. I already own FCAC. It’s around 11 bucks. It’s the same group that did mergers with Draftkings and Skillz.
The early leader in the clubhouse is FCACW for 2.45 a warrant. I already own FCAC. It’s around 11 bucks. It’s the same group that did mergers with Draftkings and Skillz.
This post was edited on 1/24/21 at 12:17 am
Posted on 1/24/21 at 1:11 am to Dandy Lion
Shares lol
I would puke if I put 100k dollars
I would puke if I put 100k dollars
This post was edited on 1/24/21 at 1:13 am
Posted on 1/24/21 at 1:12 am to 3PieceSpicy
Thanks for that I'll definitely pick up some of them !
Waiting for my old 401k to go into my IRA and I'm loading up on cheap spac warrants.
Probably going to split up my IRA between VGAC/WS, WPFWS, & FCACW then. Wait for a dip on BFT warrants and NGA warrants would like 1,000 of each. Just want some for a long hold and hope I don't get screwed. I think for the most part warrants can be safe if you have good people running the company.
Waiting for my old 401k to go into my IRA and I'm loading up on cheap spac warrants.
Probably going to split up my IRA between VGAC/WS, WPFWS, & FCACW then. Wait for a dip on BFT warrants and NGA warrants would like 1,000 of each. Just want some for a long hold and hope I don't get screwed. I think for the most part warrants can be safe if you have good people running the company.
This post was edited on 1/24/21 at 1:28 am
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