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

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

  1. Jimmy the Saint

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

    Every damn time.
     
  2. gordon bombay

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

    Me and you both. I held VAL for probably two total months and sold it during the shakeout a couple weeks back to get money into other positions. I did hit on OAS so its not a total disaster from the energy pennies.
     
  3. Trofie

    Trofie Well-Known Member
    Donor TMB OG
    Chicago CubsIndianapolis Colts

    Same. They came out and said their rigs might not be operating until 2021 due to restrictions and prices so I jumped. And here we are
     
    gordon bombay likes this.
  4. Wendel Clark

    Wendel Clark Gambling God
    Staff Donor

    I am now learning the stock market. No sports betting killing me.
     
    elfrid, sc_chant, Ty Webb and 4 others like this.
  5. shawnoc

    shawnoc My president is black, my logos are red...
    Donor TMB OG
    Rutgers Scarlet KnightsNew Jersey DevilsNew York Red BullsLos Angeles Angels of Anaheim

    Can anyone make a living just buying and selling time of day?
    Every day for a month I’ve been up pre-market, high at 10:30-11:30, low at 1:30 and then build back up until 4.
     
  6. Pharoh

    Pharoh king tuttchdown
    South Carolina GamecocksAtlanta BravesLos Angeles LakersTennessee Titans

    Just buy into anything mentioned ITT and profit
     
    Taffy and shawnoc like this.
  7. Wendel Clark

    Wendel Clark Gambling God
    Staff Donor

    I like it. I was literally betting Ukranian Table Tennis yesterday and I finally said fuck this lets do stocks. Now doing some research.
     
    elfrid, sc_chant, Tex and 3 others like this.
  8. DuffandMuff

    DuffandMuff Well-Known Member
    Tampa Bay LightningSan Diego Padres

    No research needed in this current market. Everything is going up.
     
  9. VASooner

    VASooner Well-Known Member
    Donor
    Washington NationalsOklahoma City ThunderDallas CowboysOklahoma SoonersLiverpool

    DGLY bout to pay up.
     
  10. Taffy

    Taffy Token Brit poster
    Donor

    Why, have you sold?
     
    Champ and Fusiontegra like this.
  11. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
    Donor TMB OG
    Miami MarlinsJacksonville JaguarsSporting Kansas CityAvengersMiami HeatSneakersWu-tangBook Club

    Probably. Penny stocks, especially, that are bought and sold almost entirely based on news and pump, have certain time patterns.
     
  12. Gaknight

    Gaknight Well-Known Member
    Donor TMB OG
    UCF KnightsAtlanta HawksAtlanta FalconsAtlanta United

    One of those days where it feels like everyone’s stocks are moving and mine just can’t jump over certain walls
     
  13. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
    Donor TMB OG
    Miami MarlinsJacksonville JaguarsSporting Kansas CityAvengersMiami HeatSneakersWu-tangBook Club

    Got into GNC at .92 this AM. About to cross 1.30
     
    DuffandMuff and Tex like this.
  14. Super Vegeta

    Super Vegeta I'm starting to feel like I'm entering my slut era
    Donor
    South Carolina GamecocksCarolina Panthers

    Everything is moving up for me except xspa.
    Really want dgly to break $5 here
     
    RockHardEnis39 likes this.
  15. Taffy

    Taffy Token Brit poster
    Donor

    Sold dgly at 4.91. Might get back in if theres a dip
     
    ohhaithur and Fusiontegra like this.
  16. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
    Donor TMB OG
    Miami MarlinsJacksonville JaguarsSporting Kansas CityAvengersMiami HeatSneakersWu-tangBook Club

    You guys have pattern day trading penalties there?
     
  17. Taffy

    Taffy Token Brit poster
    Donor

    Nope
     
  18. Super Vegeta

    Super Vegeta I'm starting to feel like I'm entering my slut era
    Donor
    South Carolina GamecocksCarolina Panthers

    I’d like to sell, but I’m holding on to my day trading opportunities in case my oil stocks start to plummet.
     
    Fusiontegra likes this.
  19. Super Vegeta

    Super Vegeta I'm starting to feel like I'm entering my slut era
    Donor
    South Carolina GamecocksCarolina Panthers

    Dgly just shot past $5
     
  20. Gaknight

    Gaknight Well-Known Member
    Donor TMB OG
    UCF KnightsAtlanta HawksAtlanta FalconsAtlanta United

    DGLY is blowing up
     
  21. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
    Donor TMB OG
    Miami MarlinsJacksonville JaguarsSporting Kansas CityAvengersMiami HeatSneakersWu-tangBook Club

    Let's all thank Taffy for his service.
     
    Champ and RockHardEnis39 like this.
  22. Taffy

    Taffy Token Brit poster
    Donor

    God damn it
     
    Anison, elfrid, Champ and 6 others like this.
  23. Super Vegeta

    Super Vegeta I'm starting to feel like I'm entering my slut era
    Donor
    South Carolina GamecocksCarolina Panthers

    This is so fucking fun. Until I lose my ass.
     
    elfrid, sc_chant, Champ and 5 others like this.
  24. Taffy

    Taffy Token Brit poster
    Donor

    I pulled $320 gain so I'm not bitter (much)
     
    RockHardEnis39 and Fusiontegra like this.
  25. Taffy

    Taffy Token Brit poster
    Donor

    And back in for 100 shares
     
  26. Hawks11

    Hawks11 The arsonist has oddly shaped feet
    Donor
    Alabama Crimson TideAtlanta BravesAtlanta Hawks

    Let’s goooo!
     
    RockHardEnis39 likes this.
  27. Super Vegeta

    Super Vegeta I'm starting to feel like I'm entering my slut era
    Donor
    South Carolina GamecocksCarolina Panthers

    50 more in dgly at 4.92
     
    Hawks11 likes this.
  28. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
    Donor TMB OG
    Miami MarlinsJacksonville JaguarsSporting Kansas CityAvengersMiami HeatSneakersWu-tangBook Club

    Slowly migrating to WeBull still.

    I'm going to try closing out some of my positions(see post from last week about the sheer number I have open), focusing on getting in earlier, and upping my volume for fewer positions.
     
    gordon bombay and ohhaithur like this.
  29. ohhaithur

    ohhaithur e-Batman
    Donor

    I missed the boat last week by transferring platforms, hope you have better luck
     
  30. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
    Donor TMB OG
    Miami MarlinsJacksonville JaguarsSporting Kansas CityAvengersMiami HeatSneakersWu-tangBook Club

    Well, I've been at it for a while. I've been splitting my purchasing positions in RH and WeBull for over a week, building up a cash reserve in WeBull so I can make moves as soon as I'm all the way in.
     
    ohhaithur likes this.
  31. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
    Donor TMB OG
    Miami MarlinsJacksonville JaguarsSporting Kansas CityAvengersMiami HeatSneakersWu-tangBook Club

    IZEA might be something worth watching as we get to closing. Expected to more AH and overnight.
     
    DuffandMuff likes this.
  32. VASooner

    VASooner Well-Known Member
    Donor
    Washington NationalsOklahoma City ThunderDallas CowboysOklahoma SoonersLiverpool

    No, just sensed the boom.

    Where?
     
  33. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
    Donor TMB OG
    Miami MarlinsJacksonville JaguarsSporting Kansas CityAvengersMiami HeatSneakersWu-tangBook Club

    He's in the UK. They pay broker fees still, but the trade off is the lack of a lot of the penalties the US has.
     
  34. Taffy

    Taffy Token Brit poster
    Donor

    I've changed broker, and now that I made more than 3 trades last month my fees are £0, except 0.5% on foreign exchange fees on both sides
     
    Fusiontegra likes this.
  35. Drunkle Tom

    Drunkle Tom Well-Known Member
    Donor
    Florida State SeminolesAtlanta BravesAtlanta HawksTennessee TitansNashville PredatorsMiddle Tennessee State Blue RaidersGrateful DeadLiverpool

    Got in at $1.06, nice pop into the closing bell, up to $1.27 now
     
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  36. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
    Donor TMB OG
    Miami MarlinsJacksonville JaguarsSporting Kansas CityAvengersMiami HeatSneakersWu-tangBook Club

    Any of the Atlas bros, their poll today is nuts. 96% green.

    I'm sitting at 13% gain for the day and this is the 6th day in a row of positive gain.
     
    ohhaithur likes this.
  37. Gaknight

    Gaknight Well-Known Member
    Donor TMB OG
    UCF KnightsAtlanta HawksAtlanta FalconsAtlanta United

    Another AH Xspa move?
     
  38. DuffandMuff

    DuffandMuff Well-Known Member
    Tampa Bay LightningSan Diego Padres

    Jumped in after seeing your post. Quick 14% pump before close lolol
     
    Drunkle Tom and ohhaithur like this.
  39. Wendel Clark

    Wendel Clark Gambling God
    Staff Donor

    Such a stupid new question, I can't buy after hours correct? I went to buy IZEA at 1.08 at 4:01 and it wouldn't let me buy until tomorrow. So if I let it sit there, I wouldn't be able to get that 1.08 price correct?
     
  40. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
    Donor TMB OG
    Miami MarlinsJacksonville JaguarsSporting Kansas CityAvengersMiami HeatSneakersWu-tangBook Club

    What platform are you using?
     
  41. ohhaithur

    ohhaithur e-Batman
    Donor

    You might be able to, but it might also be $0.24 when you have your offer for $1.08 there
     
    Taffy likes this.
  42. Gaknight

    Gaknight Well-Known Member
    Donor TMB OG
    UCF KnightsAtlanta HawksAtlanta FalconsAtlanta United

    What site you on? TD ameritrade you just have to switch the hours on the buy window.
     
  43. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
    Donor TMB OG
    Miami MarlinsJacksonville JaguarsSporting Kansas CityAvengersMiami HeatSneakersWu-tangBook Club

    That's the case on pretty much all of them. WeBull and RH both have checkboxes you have to tick in order to allow off-hour processing...but each platform carries different hours.
     
  44. Bo Pelinis

    Donor TMB OG
    Nebraska CornhuskersKansas City RoyalsKansas City ChiefsBig 8 Conference

    I owned this stupid fucking stock for several weeks a month+ ago. Price was .59.

    :killmepete:
     
    wolfpck, elfrid, Tex and 3 others like this.
  45. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
    Donor TMB OG
    Miami MarlinsJacksonville JaguarsSporting Kansas CityAvengersMiami HeatSneakersWu-tangBook Club

    Me too. Lost money on selling 200 shares at .55.
     
    Bo Pelinis likes this.
  46. Bo Pelinis

    Donor TMB OG
    Nebraska CornhuskersKansas City RoyalsKansas City ChiefsBig 8 Conference

    Thing I think I learned after doing this for 2 months is to hold these worthless pieces of shit for longer than you'd like if you don't make money because eventually they'll pop. Has happened on like 5 stocks for me.
     
  47. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
    Donor TMB OG
    Miami MarlinsJacksonville JaguarsSporting Kansas CityAvengersMiami HeatSneakersWu-tangBook Club

    Atlas was discussing this over the weekend, I think.

    Basically when the bottom fell out of the market, the pump and dump process of all these pennies "reset". They're all cheap af, and they're all going to get pumped again.

    Essentially, you're right. Take gains on things as the rise, but never put more into a stonk than you're willing to let sit for a few weeks until it finally moves.
     
    Bo Pelinis likes this.
  48. g8r

    g8r Well-Known Member
    Donor
    Florida GatorsBoston Red Sox

    Detlef Schrempf you have a kindred spirit
     
  49. ohhaithur

    ohhaithur e-Batman
    Donor

    I don't care what you guys say, I'm selling SHIP either just before or just after earnings
     
    letan, Taffy and Fusiontegra like this.
  50. Bo Pelinis

    Donor TMB OG
    Nebraska CornhuskersKansas City RoyalsKansas City ChiefsBig 8 Conference

    I'm jumping SHIP (ha ha lol ha) right before earnings.
     
    ohhaithur likes this.