My hope is earnings is a decent catalyst, followed by FDA approval of the device in late summer to fall of this year. Smarter people have done DD showing value at $10-12/share.
I set up alerts if it drops below $3 but I might hop back in if it gets close enough. The DD on this has been wild the last year or so. Some say it's going to run while others say it's bullshit.
Other one I like is BMXC not much twitter hype. Got filings tomorrow. It’s been staying steady for the last 2 weeks unlike the others that went up big and crashed just as hard
RKT is getting dick-punched. It was worth the $250 I invested into AMC to learn when not to pull the trigger on the supposed next big squeeze.
Same, I kept buying the dip. I learned to just let it go and add back when it reverses, or move on to another stock.
have one more round in me after today.. if we shit the bed again after that probably will break glass in case of emergency and go full yolo kmph ghvi ttcf mict srngu I'm gonna get rich or we're going to abolish capital markets, either way will call it a W
in a year kmph will be getting 20% royalties on yesterday's approved ADHD drug. sales start in the second half of this year, 20b yearly industry and growing, and they'll have a patent for 15 years on an improved offering over the current industry leader. Conservatively if they reach 1B in sales at 20% royalties that's 200mm, or 50mm per Q, or roughly $2 per Q per share cash burn rate of 1MM, no debt, milestone payments of 400+mm, royalties, other offerings, and only time to come up with more as they're not involved with manufacturing or marketing.. wasn't planning on falling in love with this one, but if it drops into the mid 10s lord forgive me for I know not what I do
the back and forth on LTNC this week has been fascinating on Twitter. These are some serious e-battles.
I just went FUCK IT on Stans new pump of INCT. Got in early at 0.0023 with 5,398,260 shares. Trying to make some money real quick and get the fuck out
kmph share count is 37mm after everything converts not 25mm changes math quite a bit..still looking for an opportunity to add while keeping my costs low 10s.. would be a 3x once they hit a billion market cap in a year or whatever
made 1200 on SMAS and freerolling 1.5 mm shares .. every .0001 increase is +$150 .. up .0003 in 15 minutes lol
Past few days have pretty much made immune to getting wiped out. I don't understand this at all though. Makes zero sense.
yea it's .0011 now.. that dude has called like five straight at least 10x's and a few 30x if you get in early.. bulk of my shares were at .0003
for the record what I this dude does is gets in contact with OTC companies in the triple zeros, moves some volume, and colludes to pump with some *new* news or contracts easiest scam is find a .0001 stock worth absolutely nothing, reverse acquisition of a legitimate private company that will 100x the market cap, and basically give you the worth of the business in your pocket for nothing other than some paper work you know, unethical shit like capitalism encourages
At this point I'm selling positive positions to buy down my negative. really all I can do atm. There's seemingly no end in sight for the past few weeks. We're all getting fucking rocked out here and I don't like playing those kinds of games with OTC and meme stocks because it rarely works out for me
I think I've all but paused the last two weeks. I've bought here and there but mostly laid low and watched from the sidelines looking for really good buying opportunities.
Not at all what I was saying. I am newer to the OTC world as well. I have watched it for awhile but never really jumped in. But it seems like you're digging your hole deeper.
I own one OTC stock I have a certain ejection number for my overall portfolio of how much pain I'm willing to take
Citius (CTRX) announces they will do some life sciences conference next week, a presentation on their product candidates. The stock has been backsliding gradually from its peak in the 2.30’s for over a week or two without any real news driving the down trend. I’ll be adding if this drops into the 1.60s, it’s a long hold waiting for government approval.
I’ve used the dip to add to my TRCH position. In as heavy as I’ll go on that. Next Friday will be make or break