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Penny stock talk

Discussion in 'Stocks & Investments' started by 5nahalf, Jun 3, 2020.

  1. Jun 3, 2020 at 5:51 PM
    #1
    5nahalf

    5nahalf [OP] I build dumb things

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    Instead of cluttering up someone elses "what should I spend my money on" thread, here is one for us low rollers.

    After spending a bunch of time breaking even, I invested in GNUS. Today I sold it all and made over $2k off a $700 investment. Now I am on to SOLO, it looks promising.

    Yesterday

    [​IMG]

    Today

    [​IMG]
     
  2. Jun 3, 2020 at 6:22 PM
    #2
    DTaco22

    DTaco22 Well-Known Member

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  3. Jun 3, 2020 at 6:26 PM
    #3
    DTaco22

    DTaco22 Well-Known Member

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    Spent a little over $300.00. It's a couple dollars short of $1800.00.
    +428.58% profit.
    God has definitely provided on this one.
    We are currently at $1500.00 profit for a couple days of doing nothing.
    Screenshot_20200603-182349_Robinhood.jpg
     
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  4. Jun 3, 2020 at 6:28 PM
    #4
    Beef Nachos

    Beef Nachos Here for a good time, not a long time

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  5. Jun 3, 2020 at 6:34 PM
    #5
    Amanelot

    Amanelot Member

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    Penny stocks are not my style but dabbling could be fun
     
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  6. Jun 3, 2020 at 6:35 PM
    #6
    DTaco22

    DTaco22 Well-Known Member

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    I've never really messed with them. I bought some Dogecoin crypto. And made like $3.00 and this is my first time actually buying a real stock so I reslly have no input lol
     
  7. Jun 3, 2020 at 6:36 PM
    #7
    Extra Hard Taco

    Extra Hard Taco Survivor of the winter of misery and death.

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    Speaking as someone that's made and lost money on penny stocks I would say do your homework. Penny stocks are so volatile its easy to lose it all. Lots of shady slide of hand shit done behind the scenes to make those stocks look worthy of investing in when they're not.
     
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  8. Jun 3, 2020 at 6:37 PM
    #8
    TacoAndy4376

    TacoAndy4376 New Member

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  9. Jun 3, 2020 at 6:39 PM
    #9
    theredofshaw

    theredofshaw Well-Known Member

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    ZSAN, pharma company (not involved in COVID so haven't seen CRAZY swings). It's been steadily marching upwards the last couple months. Bought a bunch shares when it was pretty low.

    EDIT: also a fairly low roller and many of purchases are with the "play money". Wife and I do invest in serious companies that are generally solid buys but sometimes "fun" works out in my favor.
     
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  10. Jun 3, 2020 at 7:08 PM
    #10
    5nahalf

    5nahalf [OP] I build dumb things

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    Last edited: Jun 3, 2020
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  11. Jun 3, 2020 at 7:25 PM
    #11
    Amanelot

    Amanelot Member

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    Ah well, time to move to the next one
     
  12. Jun 4, 2020 at 8:29 AM
    #12
    5nahalf

    5nahalf [OP] I build dumb things

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    Sold out of SOLO and took my $80.

    New going all in on ZOM again. Ive made lots with them in the past buying 1000 shares. Im in for 10140... every penny rise = $100. Usually they sit around .25 a share.

    [​IMG]
     
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  13. Jun 4, 2020 at 4:02 PM
    #13
    Rawdoggy

    Rawdoggy Well-Known Member

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    Xspa is where it’s at! If you got in earlier.
    So glad I snagged 1400 of xspa. It’s already about to hit 2.5 AH!!

    NSPR should move here very soon.

    so many great things going on now
     
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  14. Jun 4, 2020 at 4:27 PM
    #14
    5nahalf

    5nahalf [OP] I build dumb things

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    They had some good gains, Im worried about their overall ability in the airport industry though. But, if I had gotten in at .80, I would be selling all now.
     
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  15. Jun 4, 2020 at 4:28 PM
    #15
    Rawdoggy

    Rawdoggy Well-Known Member

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    Oh I’m dumping at 2.5 for sure.

    unless a early PR... shit would rocket this to 3.5 tomorrow.
     
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  16. Jun 4, 2020 at 4:29 PM
    #16
    5nahalf

    5nahalf [OP] I build dumb things

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    In other news, my 10140 shares of ZOM have gone up $0.0035... thats $35 bucks :) Profit is profit, even if its 1/3 of a penny per share.
     
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  17. Jun 4, 2020 at 4:30 PM
    #17
    5nahalf

    5nahalf [OP] I build dumb things

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    I would set a stop loss at 2.5, let it ride for a little bit then dump when I have enough profit to buy the parts I want for my truck.
     
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  18. Jun 4, 2020 at 4:35 PM
    #18
    Rawdoggy

    Rawdoggy Well-Known Member

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    Actually going to have to. Haven’t been working, yet have to tomorrow.. been able to just ride the screen allllll dayyy long.

    I may have to holler at zom. Good shit profit=profit :)
     
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  19. Jun 4, 2020 at 4:38 PM
    #19
    5nahalf

    5nahalf [OP] I build dumb things

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    I started out my trading with ZOM, I would buy 1000 shares for $150 wait for it to hit .20, then sell and put the $50 into something else. Now I added another '0' so each penny it goes up is $100 instead of only $10. If ZOM does another run to .25 I'll be happy.
     
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  20. Jun 4, 2020 at 5:26 PM
    #20
    Rawdoggy

    Rawdoggy Well-Known Member

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    Yeah zom is a very good mod option. Right now is the time to go balls to the wall. On certain shut, other than ship and that electric motorcycle and dumb shit that’s only gaining hype. And not real backing.

    -drunk and don’t care if it makes no sense. Stressful stock day hehe
     

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