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

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

  1. Baseballman86

    Baseballman86 Well-Known Member
    Alabama Crimson TideAtlanta BravesAtlanta Falcons

    So after the ridiculous runs by KODK and KNDI, I chased ECOR, PRPO and CYCC after huge runs. I Literally placed market orders during halts, just dumb.

    ECOR - up 67%
    CYCC - up 3%
    PRPO - down 25%

    of course the PRPO was for about twice as much as the others, so my net gain is like $10. I’ll probably wake up down $200 tomorrow
     
    Taffy and Fusiontegra like this.
  2. Kevintensity

    Kevintensity Poster/Posting Game Coordinator
    Donor
    Florida State SeminolesAtlanta BravesTampa Bay BuccaneersNashville PredatorsCalgary FlamesPoker

     
    elfrid likes this.
  3. Gaknight

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

    Sold out and that’s more than Tesla got. Interested to see what it opens at tomorrowz
     
    Kevintensity likes this.
  4. Gaknight

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

    You held PRPO? I thought for sure they would announce and offering so made my gains and gtfo

    held ECOR and SPAQ

    still got my long of NAK but probably sitting on that for a bit until buyout
     
  5. Baseballman86

    Baseballman86 Well-Known Member
    Alabama Crimson TideAtlanta BravesAtlanta Falcons

    I didn’t just hold it... I bought it AFTER the run up, at like $7. Fortunately they are cancelling each other out.
     
  6. Gaknight

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

    Ok guys what’s the parabolic move that will make us money today?
     
  7. elfrid

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

    why’s spaq tanking?
     
  8. elfrid

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

    kodak puts time?
     
  9. Gaknight

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

    I don’t know but I’m hoping to make it my day trade
     
    elfrid likes this.
  10. Kevintensity

    Kevintensity Poster/Posting Game Coordinator
    Donor
    Florida State SeminolesAtlanta BravesTampa Bay BuccaneersNashville PredatorsCalgary FlamesPoker

    They extended the date of the merger I think, seems to be an overaction. Added more at 12.25

    Edit added a bit more at 11.75

    That'll probably be the last I add though
     
    #3510 Kevintensity, Jul 31, 2020
    Last edited: Jul 31, 2020
    elfrid likes this.
  11. Ralph

    Ralph Well-Known Member
    Donor

    In at 11.90. Could be a good hold if the day trade doesn't work out.
     
  12. g8r

    g8r Well-Known Member
    Donor
    Florida GatorsBoston Red Sox

    Time for a panic sell off of kodk
     
    Fusiontegra likes this.
  13. gordon bombay

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

    Took a pretty large position in spaq at 11.85

    SRNE breaking $10!!
     
    Kevintensity likes this.
  14. Fusiontegra

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

    Averaged down on SPAQ at 11.90
     
    Kevintensity likes this.
  15. elfrid

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

    trvn trying to do something?
     
  16. elfrid

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

    why are all my posts ending in questions?
     
    Taffy and Fusiontegra like this.
  17. Kevintensity

    Kevintensity Poster/Posting Game Coordinator
    Donor
    Florida State SeminolesAtlanta BravesTampa Bay BuccaneersNashville PredatorsCalgary FlamesPoker

    [​IMG]
     
    Tex, Ty Webb, Taffy and 3 others like this.
  18. Baseballman86

    Baseballman86 Well-Known Member
    Alabama Crimson TideAtlanta BravesAtlanta Falcons

    Sold HAPP on Tuesday... they announced a special cash dividend today. Good times
     
    Taffy and elfrid like this.
  19. Fusiontegra

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

    Wowwwwwww, fuck today

    upload_2020-7-31_10-48-49.png
     
    elfrid likes this.
  20. letan

    letan Just looking for the gator board
    Donor
    Real MadridJacksonville JaguarsFlorida GatorsTampa Bay Rays

    I’m really good at options. All have been nicely in the green at some point and instead of selling I’m watching my money get deleted.
     
    Anison, Ty Webb, Taffy and 3 others like this.
  21. Gaknight

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

    Welp not looking good
     
  22. Jimmy the Saint

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

  23. Baseballman86

    Baseballman86 Well-Known Member
    Alabama Crimson TideAtlanta BravesAtlanta Falcons

    This is me. I’ve gone through several series of extreme ups and downs since March, we’re talking like 6-7 days of my entire account swinging 15-20% or more, all to end up almost exactly where I would be if I’d just put it in an ETF at the very bottom on March 18th (up about 45%).

    I closed out a ton of stuff today and am now trying to set some rules for myself moving forward in terms of how much I risk on YOLO penny plays or options
     
    Fusiontegra, letan and elfrid like this.
  24. letan

    letan Just looking for the gator board
    Donor
    Real MadridJacksonville JaguarsFlorida GatorsTampa Bay Rays

    yep, I need to set some rules for myself so I don’t get greedy. I should have had a really good week and instead I’m down a decent amount
     
  25. Drunkle Tom

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

    "I made a fortune getting out too soon."
    -J. P. Morgan
    -Michael Scott
     
    letan, g8r and Fusiontegra like this.
  26. TheDKALife

    TheDKALife Well-Known Member

    Hoping PR Monday now for TRV027 study start. Probably going to sell 30% of my position next Thursday. How do you plan to play it?
     
  27. elfrid

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

    that’s probably a good idea

    i’m not the greatest when it comes to timing when to get out so i’ll probably do something similar since this is your baby

    i like your plan though, just to lock in some profits in case there’s a major dump off

    up to $2.35 and looking like it wants to go a little more
     
    TheDKALife likes this.
  28. CuckFinn

    CuckFinn If you hold a cat by it’s tail...
    Donor
    South Carolina GamecocksBoston Red Sox

    Probably Mara, if you can find a dip to buy. I can see it hit 5-7$ fairly soon
     
  29. Gaknight

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

    I was in Mara from .70 to .90. That company is shit so I’m sure it’s gonna go back to pennies soon unless they change their business.
     
  30. CuckFinn

    CuckFinn If you hold a cat by it’s tail...
    Donor
    South Carolina GamecocksBoston Red Sox

    Most of these Lincoln stonks don’t trade on fundamentals and most aren’t in long enough to care.
     
  31. Gaknight

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

    Yeah I was just saying don’t be long in it. Usually it just plays off Bitcoin.


    Riot is another good name in that field
     
  32. CuckFinn

    CuckFinn If you hold a cat by it’s tail...
    Donor
    South Carolina GamecocksBoston Red Sox

    I already got in and out. Was more geared towards a possibility for someone who didn’t have a horse
     
  33. Wendel Clark

    Wendel Clark Gambling God
    Staff Donor

    I decided to fuck around and open a Discord for TMB Stocks & Gambling. Idk if anyone wants to join but

    https://discord.gg/CdkUMP
     
  34. letan

    letan Just looking for the gator board
    Donor
    Real MadridJacksonville JaguarsFlorida GatorsTampa Bay Rays

    I’m in
     
  35. FelipeG

    FelipeG Well-Known Member

    https://www.nytimes.com/2020/07/31/business/kodak-ceo-stock-options.html?searchResultPosition=1

    Kodak C.E.O. Got Stock Options Day Before News of Loan Sent Stock Soaring
    The stock options suddenly were worth about $50 million — the latest instance of extraordinary good timing by corporate executives.

    By Jesse Drucker and Ellen Gabler

    • July 31, 2020

    At the beginning of this week, the Eastman Kodak Company handed its chief executive 1.75 million stock options.

    It was the type of compensation decision that generally wouldn’t attract much notice, except for one thing: The day after the stock options were granted, the White House announced that the company would receive a $765 million federal loan to produce ingredients to make pharmaceuticals in the United States.

    The news of the deal caused Kodak’s shares to soar more than 1,000 percent. Within 48 hours of the options grants, their value had ballooned, at least on paper, to about $50 million.

    The government loan is part of a broader federal effort to increase the country’s ability to respond to the coronavirus and future pandemics.

    The deal was announced on Tuesday. President Trump said the federal loan from the U.S. International Development Finance Corporation would help reduce the United States’ reliance on other countries, in particular China and India, for the vast majority of ingredients used to make generic drugs. Mr. Trump called the Kodak deal “a breakthrough in bringing pharmaceutical manufacturing back to the United States.”

    Kodak said it was creating a new pharmaceuticals division and will expand its facilities in Rochester, N.Y., and St. Paul, Minn. The division will eventually have the capacity to produce as much as 25 percent of the active ingredients used in generic drugs in the United States. Kodak has been in the chemicals business for more than a century and “has the facilities sitting there ready to go,” Mr. Continenza said in a TV interview this week.


    It’s unclear whether the ingredients that Kodak makes will have any role in the fight against the coronavirus. Kodak will coordinate with the federal government and other manufacturers to figure out which ingredients to make, prioritizing those that are deemed critical to Americans and national security.

    Arielle Patrick, a spokeswoman for Kodak, declined to answer questions about why the directors were granted stock options in May.

    On the same day that Kodak was alerting the local media to its about-to-be-announced deal with the Trump administration, the compensation committee of the company’s board voted to award Mr. Continenza 1.75 million stock options that allow him to purchase shares at prices ranging from $3.03 to $12.

    By Wednesday morning, Kodak’s shares had soared as high as $60 each. They have since retreated to about $24, which means the stock options give Mr. Continenza the right to buy shares at a deep discount.

    Mr. Continenza can exercise some but not all of the options immediately.

    Ms. Patrick said that the rapid increase in the values of Mr. Continenza’s new stock options “are paper only. Mr. Continenza has not received any proceeds nor does he have any intention of selling.”
     
    Fusiontegra likes this.
  36. Fusiontegra

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

    I’m more intrigued in how much Mr, Continenza donates to Trump’s campaign.
     
    FelipeG likes this.
  37. elfrid

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

    hope it drops like a rock...bought $15.5 puts for next Friday
     
  38. ohbluefan

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

    Uhhh what happened to VISL? Listing at $3 a share
     
  39. NC Wolfpack

    NC Wolfpack Go Pack Go
    Donor
    North Carolina State WolfpackGreen Bay Packers

    I believe it is due to a reverse split.
     
    Jimmy Mac likes this.
  40. ohbluefan

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

    How long do they usually lock up the trading on a reverse split? I’d like to unload ASAP
     
  41. Baseballman86

    Baseballman86 Well-Known Member
    Alabama Crimson TideAtlanta BravesAtlanta Falcons

    Still holding:

    CHFS - really like this one as short swing to $1
    CHGG - online school play (holding, earnings today)
    BIOL - covid play, Hail Mary
    SALM - online school play
    PHUN - online school play
    UAVS - Hail Mary for Amazon tie-in

    open options:
    AMPE - pharma, pure dice roll
    TRVN - on Hugh’s latest podcast and twitter guys in big
    MARA - bitcoin, who freaking knows where it goes
    EVFM - earnings or call on Tuesday. Twitter guys saying $5 and they’ll double down if Tuesday doesn’t go well
     
    Tex, Ralph and elfrid like this.
  42. Gaknight

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

    Just bought some Mara off the $2.80 dip in the $2.60s
     
  43. Baseballman86

    Baseballman86 Well-Known Member
    Alabama Crimson TideAtlanta BravesAtlanta Falcons

    If we can just hold trend until 9:30 it should be a great open
     
  44. Baseballman86

    Baseballman86 Well-Known Member
    Alabama Crimson TideAtlanta BravesAtlanta Falcons

    This was wise. New PM high just hit.
     
  45. Gaknight

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

    Almost got in at $2.79 but was patient. learning!

    thinking about jumping in ADT at bell. Watching it fall and think it could reverse quickly.
     
  46. elfrid

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

    riding the kodak wave down

    and the trevena wave up

    i hope
     
  47. Gaknight

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


    And I think ADT halted
     
  48. Gaknight

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

    ADT halted again after being open open for 1 min
     
    elfrid likes this.
  49. Gaknight

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

    And again lmao
     
  50. elfrid

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

    why’s gnus trying to take off?

    put a little on some $1.5 calls just to see what happens