We need to find another bankrupt stock like Hertz. We're in a mania right now and now is the time to strike. Once the mania ends, all these crazy 30 baggers are gonna dry up.
-
Hello, please take a minute to check out our awesome content, contributed by the wonderful members of our community. We hope you'll add your own thoughts and opinions by making a free account!
Misc Stock Market
- Thread starter ForsythSnow
- Start date
snowlover91
Member
Alright everyone, IZEA is the hot stock of the week. They have a countdown timer on their social media with something big coming Friday, potentially a deal with amazon per the rumor, and they just announced a big contract deal yesterday. Take a look.
No snow for you
Member
- Joined
- Dec 28, 2016
- Messages
- 577
- Reaction score
- 871
This is going to end so badly. Worse than 1999 tech stocks. CHK is another example. It is a worthless stock trading at 70 and they are going BK in 2 weeks and only people who will get paid are senior bond holders.
CETX is going off right now for me!
Where do you find these stocks at? Looks awesome!
Check out LTRPB and there’s an example of what low float can do to a share price. I’ve been watching it for months to try to catch the next run up. Even thought about buying this morning. Missed it
just sold my carnival stock, got a nice profit and with cases increasing around the country i dont see them sailing again until next year. may get back in under $20 but had to take a profit with the run up.
Yeah things are insane right now. I think even Armstrong is thinking we correct soon.
it is strange. i feel like over the past month or so people have been waiting for red days to buy more which has caused the big run up, but with cases on the increase across the country i wonder how the market will react if we start to reach hospital capacity again in the next few weeks. i dont think we see a panic selloff like march but what happens when the 20% gains people are used to seeing stop and we see a stagnant market?
I agree, this is ridiculous but all my accounts have clawed back to being up for the year. It's a gift to be honest, I thought it would take 2-3 years to get some of my accounts back to even.
Can you imagine what's going to happen if there is a viable vaccine announced by end of this year. Couple that with an election. It's going to be chaos.
i wonder how the markets will react to that possible news vs the realization that deploying the vaccine will be a logistical nightmare. also, if biden wins you know that corporate tax rates will increase (especially with the deficit ballooning this year). just so much up in the air. only bet i feel confident in is that sports gambling will explode as states legalize to help offset their budget shortfalls.
No snow for you
Member
- Joined
- Dec 28, 2016
- Messages
- 577
- Reaction score
- 871
Full hospitals may have some impact but the next phase is the insolvency phase of the market. Where you have 55+ million bankruptcies in the US alone. Y’all be careful out there as many are picking up nickels in front of a steam roller.
Just sold half of my BXRX for some profit and dumped it into ALNA. I’ve been watching for a while and it would be idiotic to ignore this 2 dollar dip. Price target 8-10
snowlover91
Member
IZEA, big momo play, lots of news this week and big news expected on Friday. Jimmy, you might want to look at this one!
I’ve been watching it all day after you alerted this morning. Almost pulled the string at 1.80 this morning but pussed out when I saw they were filing for a 10 million dollar offering some time in the future. Could be a while before they initiate it BUT I’ve been burned before. I hope she runs hard for you! ?
@Tornadocane hope you held on to some of those MVIS shares.....
snowlover91
Member
Ride the momentum! It's going to keep going up before Friday, I could see it being $4-5 a share by Thursday evening. The offering won't affect the share price much if at all, it would be similar to GNUS where it would initially dip heavily and then keep moving up. I wish someone would have told me about IMRN last night.... up 1200% today from $2.25 a share to over $28 a share.
I was just looking at IMRN. Holy shinto
Grab that ALNA dip! 1.93
snowlover91
Member
Right now IZEA is probably the most talked about stock on the penny stock reddit board... once people see the news they released today it is going to rocket up after hours. Yesterday it went from $1.24 close to $1.70s after hours, an increase of around 40-50%! I expect a similar move today as people digest this move and buy in for another wave tomorrow. This one is easy money IMO.
Chart is definitely bullish
Tornadocane
Member
Yup. Kept half. Liquidated half. Also had DXLG and SQBG. I'm now gonna make a bigger play in BXRX, BIOC, and CHFS.
Tornadocane
Member
Good tip. Just bought.
Appreciate the tip on this one! I got 1,000 shares at $2.04 this morning.
What price did you get?
MIST..check it out. Wait til market makers drive it back into the dirt then contemplate a buy order.. belongs above 20
Black Rock Inc just announced a 2.8% ownership in BXRX. Plus FDA approved Anjeso launch news is coming in the next 2 weeks ??
Is there any hope for gnus at all? I'm still in, and it ain't pretty. Im prepared to hold on till it goes live, etc. but the last few days has me nervous
snowlover91
Member
The time to sell was when it was $8-11 per share, I think it might be a bit late to sell now. It’s possible it could pop again with some good news but right now it looks doubtful.
I may jump in tomorrow. I like how it bounced off $3.70.
You think this has the possibility of holding this very very long term? I dumped a bit of money into it and got in with an avg around $6. Hell, if I lose it all, I'll be ok since I don't play with big money. If I just hold this without selling, what are your thoughts there?
snowlover91
Member
I think it’s due for a bounce but a lot of the momentum traders have exited and moved elsewhere. I’m not a fan of buying and holding penny stocks long term mainly since they are so speculative and risky and many are just quick pumps to boost the price. I would just pay close attention to the price and figure out if you want to hold GNUS long term or if you’d rather move the money into something else.
@Rain Cold you said you were looking for a bankruptcy play like HTZ...might I suggest CHK or XOG! If you’re feeling brave wait for the reversal! People are gambling with their recent gains so these bankruptcy plays are running hard for no reason. Buy the rumor! Or don’t!
Seems like a bunch of angry millennials directing the stock price of GNUS. Purchased 400 shares at $4.92. Put in a stop limit at $3.89 as it's so volatile.
I also purchased GAN at 20.15.
VRM has been running, in at $43.90.
I also purchased GAN at 20.15.
VRM has been running, in at $43.90.
LTRPB halted again this morning. 125% in the blink of an eye