***The Official Penny Stock Thread*** - Buy the dip!

Discussion in 'The Mainboard' started by Fusiontegra, May 8, 2020.

  1. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
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    Spawned from the Investing thread because we think some more casual posters might want to get in on some low cost gambling.

    We have a couple of posters that provide insight from reddit, discord, and other sources where penny stocks are discussed as "pump and dump".

    Some clarification:
    In order to play along, you'll need an account with a trading site. Robinhood is the easiest but if you have any interest in long-term investing also, TD Ameritrade, E*Trade, or Schwab are all sites that we use.

    On any given day, one of our posters will post the name of a stock that has a large amount of rumors floating behind it. Individually, we buy a lump sum of this stock. Keep in mind, these stocks usually trade somewhere around 25 cents, so a couple hundred stocks might cost you 60 dollars.
    Somewhere within the next 48 hours, the price on that stock will hopefully double, and then you sell them all for a quick $50 gain.

    Orrrr...that stock never moves at all, and you sell it all for an $8 dollar loss and try again the next day.
     
  2. pacey

    pacey Well-Known Member
    Donor

    current radar:
    ktov
    kmph
     
  3. Taffy

    Taffy Token Brit poster
    Donor

    I'm in. From experience I would offer the following advice to new speculators: Take your profit, sell before the news, and don't buy if the pump has already happened. Don't gamble with more than you can afford to lose. Thank you and good luck!
     
  4. texasraider

    texasraider thanks
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    Texas RangersKansas City ChiefsDallas Mavericks altTexas Tech Red Raiders alt

    also, DO NOT under any circumstances buy any of these stonks unless you are 100% willing to watch that money burn in front of your eyes
     
  5. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
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    I know Taffy has brought us a couple of these...I'm trying to remember others who have been listening for rumors...
     
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  6. pacey

    pacey Well-Known Member
    Donor

    Dont buy and plan on not watching these. They are in almost all cases not long term plays.
     
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  7. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
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    Ohhh...wonder if we could get a "team" tag for the site.

    GoodForAnother Taques ...how much will it cost me to get an "Investing" team tag?
     
  8. Taffy

    Taffy Token Brit poster
    Donor

    Also for those who want to get in earlier, personally I read r/pennystocks on Reddit, but the Pump & Dump is strong there so don't get sucked in!
     
    High Cotton and Fusiontegra like this.
  9. Jimmy the Saint

    Jimmy the Saint The future is a benevolent black hole
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    Penn State Nittany LionsGreen Bay PackersChelseaHartford WhalersPhoenix Rising

    Warning: you are buying and selling junk
     
    wes tegg, Bo Pelinis, Lyrtch and 3 others like this.
  10. Bert Handsome

    Bert Handsome I'm sorry, the card says Moops
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    Notre Dame Fighting IrishMilwaukee Brewers altMilwaukee BucksGreen Bay PackersTiger Woods

    Let me get out my graph paper first
     
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  11. LuPoor

    LuPoor Cuddle with the homies watching Stand By Me
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    Tulsa Golden HurricaneOklahoma City ThunderTottenham HotspurSeattle Kraken

    Hey, I remember the pink sheets from the first half hour of Wolf of Wall Street
     
  12. RockHardJawn39

    RockHardJawn39 #FranklinOUT
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    Penn State Nittany LionsSan Francisco GiantsPhiladelphia 76'ersPhiladelphia FlyersLiverpoolWrexham AFC

    I'm here for the gambling
     
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  13. ohbluefan

    ohbluefan Well-Known Member
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    Michigan WolverinesCincinnati RedsChicago BullsChicago BearsSan Diego Padres

    No sports you say, gamble penny stocks!!!
     
  14. gordon bombay

    gordon bombay magician's alliance enthusiast
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    Georgia Tech Yellow JacketsAtlanta BravesAtlanta HawksAtlanta Falcons

    Some background on KTOV: they offer a drug that is being launched mid-may (ie next week) that is expected to bring in $30MM rev per, $99.5 total over 3. Expect PR next week and thus the bump in price. If you want to value the company at 3x rev, $100M pretty nice for a penny.

    They just went through a direct offering (ended today) at $0.40 which usually kills penny stocks momentum, we are currently over that mark which is a really good sign IMO.
     
  15. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
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    Bought a few hundred of these at .356 on Wednesday.
     
    gordon bombay likes this.
  16. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
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  17. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
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    The Penny Stock Thread: We all want to be Gallant Knight but some of us just belong in here
     
  18. Baseballman86

    Baseballman86 Well-Known Member
    Alabama Crimson TideAtlanta BravesAtlanta Falcons

    Good idea with the separate thread. Nice work.

    Twitter guys claiming they’re buying long on $SHIP. I’m skeptical of it but they’re all saying in
     
  19. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
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    Any discussion of why?
     
  20. Det. Frank Bullitt

    Det. Frank Bullitt God Bless Texas
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    watches the thread.
     
    elfrid likes this.
  21. Ralph

    Ralph Well-Known Member
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    I'm here to report my 500 shares at $.38 and also get my little icon to show up next to the thread for all of the followings.
     
    #21 Ralph, May 8, 2020
    Last edited: May 8, 2020
  22. HoosDaMan

    HoosDaMan Grumpy
    Virginia CavaliersDallas CowboysTiger WoodsLos Angeles Angels of AnaheimUnited States Men's National Soccer Team

    She’s taking off again.
     
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  23. LuPoor

    LuPoor Cuddle with the homies watching Stand By Me
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    Goddamn this is exactly like that call Jordan Belfort makes about the pink sheets
     
  24. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
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    Really wish MVIS would just bottom out and stop fucking around.
     
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  25. Bert Handsome

    Bert Handsome I'm sorry, the card says Moops
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    I'm restricted by work to holding for 30 days, and my wife would have to get approval from compliance first, so I cannot participate
     
  26. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
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    This is Trump's world now...just use an intermediary.
     
  27. elfrid

    elfrid he thinks the carpet pissers did this?
    Miami HurricanesOrlando MagicTampa Bay BuccaneersArsenalOrlando CityUnited States Men's National Soccer Team

    ktov fly you beautiful bird
     
  28. Rusty Shackleford

    Rusty Shackleford Dale 1 - Rats 0
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    This is going to be so much fun until it all crashes horribly and we lose all of our money.
     
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  29. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
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    Like pacey mentioned, this is something you should be watching regularly. Be prepared to ditch these at a moment's notice.
     
    Taffy likes this.
  30. Rusty Shackleford

    Rusty Shackleford Dale 1 - Rats 0
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    I fully expect to lose everything. This is just a different form of gambling.
     
    Fusiontegra likes this.
  31. GoodForAnother

    GoodForAnother I’d rather be down the allotment
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    Million bucks
     
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  32. Rusty Shackleford

    Rusty Shackleford Dale 1 - Rats 0
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    Auburn TigersSan Antonio Spurs

    Would you settle for some hot stock tips that could potentially be worth millions of dollars.
     
    Fusiontegra likes this.
  33. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
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    *but most likely only $8
     
  34. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
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    Elon pay the man
     
    Gallant Knight likes this.
  35. Bo Pelinis

    Donor TMB OG
    Nebraska CornhuskersKansas City RoyalsKansas City ChiefsBig 8 Conference

    Get free Robinhood money
    Gamble on penny stocks with free Robinhood money
    ....
    Profit
    ....
    or don't!
     
    Fusiontegra likes this.
  36. Jimmy the Saint

    Jimmy the Saint The future is a benevolent black hole
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    Penn State Nittany LionsGreen Bay PackersChelseaHartford WhalersPhoenix Rising

    How about some MVIS shares?
     
  37. Bo Pelinis

    Donor TMB OG
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    The volatility of IZEA is stupid. Money to be made but it's dumb.
     
  38. Gallant Knight

    Donor
    Arkansas RazorbacksHouston AstrosRice OwlsAston Villa

    bought some oxy calls today. 5/15 $17s for 11 cents

    good luck with yalls penny stonks. i haven't looked at or really paid attention to yall doing this but i hope you all become rich and/or more rich from this
     
  39. Bo Pelinis

    Donor TMB OG
    Nebraska CornhuskersKansas City RoyalsKansas City ChiefsBig 8 Conference

    Pretty sure at this rate I'll be able to the buy the Browns by November.
     
  40. elfrid

    elfrid he thinks the carpet pissers did this?
    Miami HurricanesOrlando MagicTampa Bay BuccaneersArsenalOrlando CityUnited States Men's National Soccer Team

     
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  41. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
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    Made a solid $22 on KTOV today.
     
  42. ohbluefan

    ohbluefan Well-Known Member
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    I’m rolling hard with KMPH and KTOV, also bought some F stock so I can feel good about not losing all of my money. I’ve made my 2nd day trading move this week so I think if I make another my account is suspended for 90 days through Robinhood. Gonna have to roll with KMPH and KTOV until next week..
     
  43. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
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    Think it's 5 in a week that gets ya
     
    Jimmy Mac likes this.
  44. ohbluefan

    ohbluefan Well-Known Member
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    Good news, I thought it was 3
     
  45. ohbluefan

    ohbluefan Well-Known Member
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    Michigan WolverinesCincinnati RedsChicago BullsChicago BearsSan Diego Padres

    It’s 3 day trades in a 5 day window

    4F37F92C-6062-4D45-8A4B-1BAFB50C57E4.png
     
    Fusiontegra likes this.
  46. elfrid

    elfrid he thinks the carpet pissers did this?
    Miami HurricanesOrlando MagicTampa Bay BuccaneersArsenalOrlando CityUnited States Men's National Soccer Team

    and with that i’m out. had a stop at .45 made a nice $15, god speed gents
     
    Taffy likes this.
  47. RockHardJawn39

    RockHardJawn39 #FranklinOUT
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    How do I do a bracket trade on tdameritrade so that I sell ktov at .25 or let's say .9?
     
  48. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
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    MVIS...stop. stop stop stop
     
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  49. WC

    WC Bad Company, ‘til the day I die.
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    This feels like the late stages of the crypto thread all over again