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Storm5

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That MVIS stock is something else. I was pissed after it dropped down to around .50 after hours and I was taking a beating. I watched it all today and debated selling off and taking my losses, but my gosh it took off at power hour and is still doing well at .82 right now after hours.
There technology is sweet. Don’t sell it . I’m gonna buy Back in . They have over 11 million in cash that will last them through Q4 they are looking to sell or merge . Mid term play . There will be lots of ups and downs with this one but it’s a good 2-3 month play to see what happens


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Matthew70

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Well I am taking a swing at OGI. Cheap buy at moment.
Analysts sure are high on
TXMD
CRBP
VKTX
 
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I like penny stocks as much as the next guy so here’s one that I think deserves a play next week.

IT Tech Packaging (ITP)

Do some research here. Earnings due up next week. They sell paper items (toilet paper and medical masks are two examples). They recently did an offering and are trading at .24 under offering right now. The offering was to fund their third toilet paper production line. I think there is a legitimate chance this runs 100% next week.
 

Steven_1974

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I like penny stocks as much as the next guy so here’s one that I think deserves a play next week.

IT Tech Packaging (ITP)

Do some research here. Earnings due up next week. They sell paper items (toilet paper and medical masks are two examples). They recently did an offering and are trading at .24 under offering right now. The offering was to fund their third toilet paper production line. I think there is a legitimate chance this runs 100% next week.
Well, the price dropped because the stock offer adds to the outstanding shares of the company. Unless there is a high demand for a stock, the price is always going to go down cause you diluted the earnings per share. For a company that should be seeing a large demand for their paper products right now, their price was basically trading sideways, dipped, only went back up to then drop cause of the share dilution. I don't see anything in the chart that suggests any improvement.
 

Steven_1974

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REPH

Major overreaction after earnings were reported this morning. Great company. Easy swing if nothing else
I could agree with this. I don't see anything that really suggests why they went as high as 18 basically to drop this far down. Their revenue wasn't that much below what was expected. I get COVID probably knocked their price down from the high to where it was in April. This is pretty much the bottom their price has been in the past 5 years now. Only stock sale I see in the last 6 months was an automatic sale by the CEO in April of 80k shares that he was granted before to purchase at $2 something.
 
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Well, the price dropped because the stock offer adds to the outstanding shares of the company. Unless there is a high demand for a stock, the price is always going to go down cause you diluted the earnings per share. For a company that should be seeing a large demand for their paper products right now, their price was basically trading sideways, dipped, only went back up to then drop cause of the share dilution. I don't see anything in the chart that suggests any improvement.
I’m mainly betting on solid earnings this week. That coupled with the recent news of their toilet paper expansion should get this thing to nearly double in price soon. I mean it’s just a penny stock play. It’s not TSLA lol but I do like it.
 
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Guys check out BXRX and let me know what you think. I’ve been scoping it for a while and finally opened a position around 2.90 today
 

Steven_1974

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I’m mainly betting on solid earnings this week. That coupled with the recent news of their toilet paper expansion should get this thing to nearly double in price soon. I mean it’s just a penny stock play. It’s not TSLA lol but I do like it.
I don't see how they are going to grow the earnings high enough to justify the price increase on diluted share numbers. They wouldn't have the increased capacity online at all. They would have been maxing out their capacity otherwise on the other lines and their price has been stagnant or declining. Not like margins are that high on things like TP either. Good luck with it, but I just don't see it.
 

Downeastnc

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GNUS going to be good both short and long term it appears....they have a new toy deal with Mattel a new network coming out on Prime and Apple TV etc....

Just need this one to pan out a bit.....going to go short term and long term on it I think...this seems safer than most others.....right?


 

Steven_1974

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Guys check out BXRX and let me know what you think. I’ve been scoping it for a while and finally opened a position around 2.90 today
So their earnings report last week had them losing $4.03 a share as opposed to .46 year over year? 776% decline. That's terrible. How is this one a good buy?
 
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So their earnings report last week had them losing $4.03 a share as opposed to .46 year over year? 776% decline. That's terrible. How is this one a good buy?
Definitely took a hit from Covid but check out some of their products and the BXRX chart before all of this nonsense came into the picture. Also.. 51D6F342-108B-4D2A-A1D0-82430038C815.jpeg
 

Chattownsnow

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I could agree with this. I don't see anything that really suggests why they went as high as 18 basically to drop this far down. Their revenue wasn't that much below what was expected. I get COVID probably knocked their price down from the high to where it was in April. This is pretty much the bottom their price has been in the past 5 years now. Only stock sale I see in the last 6 months was an automatic sale by the CEO in April of 80k shares that he was granted before to purchase at $2 something.
I’m on this. Makes me a bit nervous but it seems worth the risk.
 

Chattownsnow

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Guys check out BXRX and let me know what you think. I’ve been scoping it for a while and finally opened a position around 2.90 today
After some digging it seems the products and company itself is good however management is terrible. If they boot the CEO and get some better people running the business this stock price rebounds. It’s already as low as it’s ever been as it is and It may have hit bottom. Interesting to see where it goes. I’m along for the ride lol.
 

Flurry

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There technology is sweet. Don’t sell it . I’m gonna buy Back in . They have over 11 million in cash that will last them through Q4 they are looking to sell or merge . Mid term play . There will be lots of ups and downs with this one but it’s a good 2-3 month play to see what happens


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Also, y'all might want to take a look at KTOV...About the same price as MVIS...Rolling out a new drug this month Consensi...Sitting at $.49 right now....I'm in at $.44...Hold for a little while and easy double
 

KyloG

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MVIS has been nuts to follow after hours today. If we get any Microsoft related news tomorrow then it’s going to go nuts. 🚀
Yeah, I bought back in on Friday afternoon for .754 but didn't put in a limit sell this time. Going to be tough not sell again today if it opens over $1.
 

Steven_1974

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Also, y'all might want to take a look at KTOV...About the same price as MVIS...Rolling out a new drug this month Consensi...Sitting at $.49 right now....I'm in at $.44...Hold for a little while and easy double
The only thing about the drug is I saw it's a combination of two current drugs and at a huge price premium to the other two separately. As I read elsewhere, it's going to be difficult to get people prescribed it cause insurance isn't going to want to pay for it when separately it's so much cheaper.
 

Parker

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Raised my stop loss to $1.00, so walked away with a small profit. I will take that rally after it falling to below .60 last week
 
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