talking shell holds:
present port has 11 stocks -- $4250 invested. considering i spent $2600 to profit $5700 on the ones i've already sold, i'm not exactly staring into the abyss. but shell watching is a lot like waiting on paint to dry. these kind of stocks are the definition of illiquid. its impossible to play the spreads, and sitting on the bid is an invitation to getting clipped.
nevertheless, the following 5 seem to be on the brink of being in play.
MVPI -- sitting on 20k @ .015. L2 was .035 x .0725 all day, and it did a wopping 1k at the bid. as the spread indicates, its thin. but not overtly liquid thin. it trades, and the bids have been tested, but i haven't seen it go below .02, nor has the ask been below .025, since i entered. this doesn't seem to want to sell off. year high is .07. its currently getting jiggly.
VMII -- holding 10k @ .0175. L2 closed at .02 x .027. a friend bought the 10k that was traded today. he paid the ask of .025, bid was .015 at the time, and this quickly popped to .02 x .03. with a purported O/S of 2.8M, its very hard to get shares here. the spread is generally brutal, its not unusual to see something like .0025 x .20 for days unto days, but lately L2 has been popping about, both on the ask and bid. more to the point, the bid at one point today came up to .025, and that is the highest its been since i entered. its also been the lowest ask, too. if the offer drops to .02 or lower i'm considering stealing from some stashed funds, they're on the side for upcoming bills, and grabbing another 10k.
WOWI -- still carrying 20k @ .009. L2 is .0094 x .015. someone has been quietly collecting some shares, the bid over the last 2 months has firmed up and risen from .0051, and now the spread has widened. something my be up.
VNGE -- recently took a starter position with 200 @ 1.50, and then it popped and i'd run out of loose funds for that day. no big deal. waiting on an 8k and possible forward split (or dividend). L2 currently 1.81 x 2.23.
BRTI -- grabbed 1k @ .60 the day this first began trading. its brand spanking new and the bid is starting to populate. L2 closed .70 x .795. i suspect there'll prolly be a promo here in the near future.
the rest of my holdings are in LimboLand.
ATIN 20k @ .027. this was EXAI, and, as noted in the previous post, i've already covered these shares with a sell. L2 has a spread big enough for a truck convoy to drive through, its .01 x .119. they're supposed to be looking to uplist onto OTCMarkets.
TGRP 1k @ .50. this is another brand new stock, with an L2 that could serve as a multi-lane highway -- .13 x 1.03. but, other than for a single day where it released 20k in to the market (at .50,) its not trading. this is in my drawer of 'Tomorrows'.
ZNDX 500 @ .28. i'm waiting for available funding so as to add on, but am in no rush. this is in the same drawer as above. L2 is .25 x .40.
EMBT 1.5k @ .47. this has been, to say the least, disappointing. there was an 8k out in July, but it, too, is in the drawer. current L2 is .25 x .35
INOW 40k @ .0076. oops! entered too high. L2 is .0024 x .0048. but it could easily pop to .01. gets sporadic volume and bid has crept up from .0021 to .0024. who knows? at least its not in the drawer.
SOAN 4k @ .125. OUCH! L2 is .03 x.04. and there's a big ask -- big for an illiquid -- around .05. may have to do some corrective buying in the the future. its either that or take two or three lumps of sugar with my tea.
AI
