Making $$
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On the day you made this post the stock was trading at .0014
Today the BID is over 3X the price. Not only that, its had a run to .019 which is over 13X that price
RIDDLE ME THIS. HOW MANY STOCKS ARE YOU HOLDING THAT HAVE GONE UP 3X YOUR PRICE IN THAT LAST 2 YEARS?
I'm not suggesting you or anyone else by this stock. I merely decided to park some of my money here believing that it will do better here than in the bank.
I'm a big boy. I know penny stocks can go to ZERO. I have dozens of them that have.
If you know anything about this business you know the revenues were not and are not ZERO.
Here's there last news release:
Speedemissions, Inc. Provides Second Quarter 2019 Financial Results
I reckon that the head the chicken lips are connected to is not concerned. BEsides, he can claim innocence by reason of insanity -> and just produce the filings as evidence.
"It's a racket... those stock market guys are crooked."
[Al Capone]
_____________________________________
I sold new cars (but used as well)
... gonna answer the question???
I'm trying to reason with you folks. Put you're pre-concieved notions aside.
Look, Buffet would not buy tech because he said he "didnt understand it"
He finally caved and bought Apple
His sidekick MUNGER has been saying BITCOIN IS A TURD since shareholder meeting in 2017. I think he's still jabbering on about how it will probably go to ZERO.
IS HE RIGHT??? MAYBE.
But in the mean time -- BTC was ~ $5k bucks in 2017 and has 10 bagged from there.
... and maybe it will go to ZERO, and maybe he will be vindicated, and maybe not.
Remember the housing crisis? Folks bought shit houses that they would never otherwise think to buy -- polished them up (polishing a turd) and then flipped them. IT WORKS UNTIL IT DOESNT.
If its your own money your trading, its not about ethics. You wont see me pumping ANY turds. I may admit to having a position in them -- but if you asked me why -- it could get complicated -- because I dont care to try and teach others what I've learned about trading stocks over decades.
IS IT ETHICAL FOR A POKER PLAYER TO BLUFF OTHERS IN THE GAME?
yes, and I was considering buying two shares of BRK.A after the crash of '87 (would have cost me around $8k at the time), but instead decided to go it on my own and deploy that $8k trading penny stocks.
...so while that $8k (2 shares of BRK.A) would now be worth $800k (a stellar return) --- I managed to do much, MUCH better trading (micro-caps) on my own: lots of good companies and many shitty ones.
No brag, just fact.
Thanks for sharing over here with the guardians of pennystock galaxy.
More to prove a point on my part -- and maybe make some money too.
The folks out there buying this crap -- for lack of better words -- don't give a crap. Most of them (myself excluded, of course) are complete idiots. A lot of them probably couldnt explain what "market cap" is, or what "book value" is, etc.
Think of it this way. Suppose you knew BRE-X was a scam all along (I'm assuming you're familiar with the BRE-X scam, if not just wikipedia it)
So BRE-X goes from pennies to say $50.00 and you're like HOLY HELL, DONT THEY REALIZED THIS IS A SCAM??? IM GONNA SHORT THIS TURD TO NO BID.
...but, BRE-X just keeps climbing (went to a high of ~ $285) cuz the fools just keep buying.
as they say : MARKET INSANITY CAN / WILL OUTLAST YOUR LIQUDITY.
A few years back when I was being treated for cancer in Southern Calif I bought a stock ~ .003 and the iHub page had a CEO's mug shot and articles about what a fraud he was, etc. Anyway, that guy pawned off the shell to some other scammer and the stock went to .08 cents.
I learned a valuable lesson back in the late 90's. I bought shares of a stock at .015 cents and it was clear to me the CEO was a liar and scammer. I bashed that stock on RB so much the CEO came onto the thread to defend himself. I kept bashing until that stock hit around .50 cents then sold my shares and used the money to buy my oldest son a small condo and car and help move him out (and still had $$ left over). The stock continued to trade for years (never got higher than my sell zone) and eventually the CEO failed at everything he promised and the ticker was eventually delisted.
The owner a new car dealership that I worked for as a salesman in the 70.s confronted me numerous times and told me to stop being so smart... he literally said: BE DUMB AND MAKE MONEY.
Been watching guardians of the galaxy hating on stocks that are doing 20 - 30 baggers
... and, it could turn out they are 100% correct. The stocks they bash may be delisted - THAT WOULD NOT SUPRISE ME A BIT -- but in the meantime .... stupid is as stupid does and folks will be on those shitty stocks and assume the risks.
Not sure what you mean, but I'm trusting you get my point.
YOU CAN BE 100% CORRECT IN YOUR ANALYSIS OF A STOCK AND 200% WRONG ON HOW YOUR ANALYSIS AFFECTS STOCK PRICE
like watching a stock do 20 or 30 bags while you're bashing it cuz its crap
or - like more recently - shorting GME cuz you KNOW its crap only to loose billions.
Basically, what you're saying, if I can read between the lines, is that if PJ is telling folks that his chicken lips are cheap and folks are buying his chicken lips based upon PJ's taste test then any purchases of his chicken lips would be considered as insider chicken lip trades.
As for the recipe, it appears that its constantly changing. I agree on this, he shouldn't be sharing his NEW recipes with shareholders. Besides, all the former recipes have been tossed out. It appears that Chef PJ is now working on an entirely new cook book.
In the mean time - the price of chicken lips keeps climbing...???
I see MSTO had a run up to .03 cents so hopefully you've made some $$$. Me, I just got up on the left coast, so I missed this run, but this happens a to me a lot with trading. I don't use an alarm; I just get up when I feel like it, and sometimes that isnt until 8:00 or 9:00 am.
AS for this: "...sell and move the funds in to something better."
YEP!
I deploy profits from the riskiest of the risky to the safest of the safe. I've mentioned some of them here in the past, ones that I know would get the attention of more conservative investors --- especially the beaten down regional banks. They have been so good to me, like FUNC which I bought down around $11 bucks - now trading over $20 (no longer holder). CVCY (no longer holding). But there's still the deep value ones I'm holding tight for now and still adding to at times like UNTN, ALBY and others (because they are good banks trading at a discount to BV - as were the others I mentioned). I even bought WMT on the recent dip and GE because it looks like its going to break upward and GT which I thought would break out - and it did, but sold GT too soon. Oh, and I bought TWTR after Trump bashed it down and sold that one too soon as well.
Anyway, dood, enjoy your posts and the camaraderie in the pennysphere.
Make that money!
I bot at .0054 on Feb 19th
Someone asked me why I bought and rather than trying to explain to them what I've learned from decades of playing penny stocks I said:
"I thought they were selling sex toys; turns out I got the name wrong"
As for when to sell ---> Like my sons who are beginning to trade say: "sometimes it's harder to know when to sell than when to buy"
ever since I held onto 135k shares of a stock I bought in late 90's that went from .03 cents to ~ $20 bucks and then went BK (yes, I really did that) --- I've been working on holding --> but not holding till I loose the big bucks.
Trading a stock is a lot more work than just HOLDING.
As Jessie Livermore said: no price is too high.
Hope MSTO makes you some big bucks.
(still holding over 1/2 position)
EXCELLENT -- I suspect we're looking at a forward PE of < 10 and still trading at a discount to Book Value. Added
When another biz is set up it makes me wonder. Years ago I owned a stock that IPO'd around $8 bucks. The CEO (like many who do the same) was able to get the business up and running but it wasnt all the successful. The stock eventually dropped under a dime. I bought shares as the business itself looked very promising and I knew for a fact that they product manufactured had decent sales.
It turned out that the CEO had set up ANOTHER BUSINESS and the other business was the main customer of the primary business. So the way it worked was like this:
BIZ #1 (the public company) manufactured the product.
BIZ #2 (the privately owned biz) was the biz that bought the product from BIZ #1
So BIZ #1 could sell the product at breakeven of even below cost... didnt matter cuz CEO didn't want to mess with shareholders.
BIZ #2 bought BIZ #1 product on the cheap and was the marketing arm that made all the $$$.
It's pretty screwed up, but there isnt much I havent seen in penny land over decades of trading.
They should ban him from iHub.
Notwithstanding all the CRAZY ... do you realize that last year on March 9th the stock closed at .0028 and today's close at .0144 is just a hair over 500% gain in the stock price.
According to Yahoo Finance and other reliable sources that means that ACCR has out performed the S&P this last year.
If the stock gets over .07 between now and next march 8th that will be a 2500% gain (which is likely to be better than what the S & P does)
RE: Like what is next?
When the stock hits a dime: DO YOU LOVE ME NOW?
Well, stock has dropped 50% since you made this post and no one is surprised.
LMAO>>> Access-Power & Co., Inc. is pleased to announce the Company has fired Stacey Bolin, our recently hired Chief Corporate Secretary
GRAND HAVEN, Mich., March 04, 2021 (GLOBE NEWSWIRE) -- Access-Power & Co., Inc., (“ACCR or the Company”), a Grand Haven based diversified US Holding Company is pleased to announce today that we have fired Stacey Bolin. Patrick J Jensen, our sole Director, added, “This is a sad day in American Capitalism. There can be no way that a Secretary hold my Chief Legal Counsel hostage for 3,000,000 shares. NO WAY!!! This is not what we originally agreed to…we agreed to a $1 annual salary + some moving incentives.” This was in our originally texted messages. We have a conflict. We wanted to apologize again to our beloved Shareholders and our Market Makers for having made this mistake.
So, after careful analysis…you’re FIRED, Stacey Bolin!
In other news, we want to notify our Shareholders and beloved Market Makers we have completed all of our work with our PCAOB accountant. We expect to complete this process in 2-3 weeks. We are ready with all of our documents. Right after this process, ACCR will see a FORM 10 filed by our Chief Legal Counsel Steve Mills.
FOCUS- PCAOB audit completion, FORM 10…and then ACCR becomes OTC CURRENT REPORTING.
The FORM 10 once filed with the SEC will become effective with the SEC in 60 days. We will be in back and forth communications with the SEC staff during this time.
ACCR is confident on producing an effective FORM 10.
Established in 1996, Access-Power, Inc. is a Florida based for-profit Corporation with operations in West Michigan.
There are various risk factors that should be carefully considered in evaluating our business; because such factors may have a significant impact on our business, our operating results, our liquidity and financial condition. As a result of these various risk factors, actual results could differ materially from those projected in any forward-looking statements. Additional risks and uncertainties not presently known to us, or that we currently consider to be immaterial, may also impact our business, result of operations, liquidity and financial condition. If any such risks occur, our business, its operating results, liquidity and financial condition could be materially affected in an adverse manner. Under such circumstances, if a stable trading market for our securities is established, the trading price of our securities could decline, and you may lose all or part of your investment.
SECURITIES ISSUED BY THE COMPANY INVOLVE A HIGH DEGREE OF RISK AND, THEREFORE, SHOULD BE CONSIDERED EXTREMELY SPECULATIVE. THEY SHOULD NOT BE PURCHASED BY PERSONS WHO CANNOT AFFORD THE POSSIBILITY OF THE LOSS OF THE ENTIRE INVESTMENT. PROSPECTIVE INVESTORS SHOULD READ ALL OF THE COMPANY'S FILINGS, INCLUDING ALL EXHIBITS, AND CAREFULLY CONSIDER, AMONG OTHER FACTORS THE VARIOUS RISK FACTORS THAT MAY BE PRESENT.
BEWARE OF NAKED SHORTING IN OUR COMMON SHARES
You should be aware that there are many substantial risks to an investment in our common stock. Carefully consider these risk factors, along with any available information currently reported by the Company (of which there are note), before you decide to invest in shares of our common stock. If these risk factors were to occur, our business, financial condition, results of operations or future prospects could be materially adversely affected. If that happens, the market price for our common stock, if any, could decline, and prospective investors would likely lose all or even part of their investment.
Cautionary Language Concerning Forward-Looking Statements
Statements in this press release may be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "anticipate", "believe", "estimate", "expect", "intend", and similar expressions, as they relate to the Company or its management, identify forward-looking statements. These statements are based on current expectations, estimates, and projections about the Company's business, based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties, and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and probably will, differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors.
Contact Information:
Patrick J. Jensen
Director
Tel: 616.312.5390
Email: pjensen@myaccess-power.com
Corporate Website: http://www.myaccess-power.com
"Our corporate website is currently under construction to soon reflect our new business model in the Michigan Medical Marijuana Clone sector."
https://www.otcmarkets.com/stock/ACCR/news/story?e&id=1830037
Some of the penny stocks I made huge returns on ended up going bk and/or eventually being delisted.
and fwiw - i do hold xxx,xxx shares of accr (so I would rather see it go up than down)
Doood, been doing this for decades - and yeah, I read you made millions this year, meh - and if I had taken profits near the highs of the penny stocks I held that didnt get their chit together (prob around 100) -- the money I left on the table with those stocks was MILLIONS. sO tHerE's tHat.
Regarding shell status:
not sure how all this works but I did observe last year that COHO which was a reporting pink (current) company and listed as a shell on the OTC Markets site --- submitted docs to SEC/FINRA/OTC (not sure which) in order to have the shell designation removed. They (whoever SEC/FINRA/OTC) then reviewed the filings and REVOKED their registration and ticker disappeared.
HERE IS THE RULING
Fortunately I think all my shares were bot at .0002 and I'm not out all that much -- but it gobsmacked me to see what looked like a clean operation get wiped out.
same here
You have ONE job dood... keep this from going grey or being delisted.
I suspect I have had around 100 tickers delisted and moved to cusip. (i doubt anyone here can rival my record of worthless pennies stocks accumulated over decades of trading)
You really need to concentrate on your job and get the help you need. Another failed attempt with OTC markets at this stage is not good.
... and nobody here needs to hear your rants.... just do your job (and stfu)
You mean HERE
Hmmmm... having a bit of trouble sticking to your word I see.
Remember when I said this?
ACCR in review
On Feb 16th stock makes a new high & On Feb 16th Patrick returns to ACCR
(cant contain himself)
...and now, here we are.
(Somebody is not happy and I suggest its not the MMs or the twitter tweeter)
Their next report is the Annual report. I believe it will not come out until July or August (like it did last year)
...long wait time.
The last disclosure statement is here:
https://backend.otcmarkets.com/otcapi/company/financial-report/272051/content
(or do you know of another?)
and the last share issuance I see is on 12/18/2020
In there last filing they had 496,061,032 out as of 12/31/2020
OTC profile states the current OS was 511,169,962 as of 02/05/2021
How were those shares accounted for?
Significant dilution since the 12/31/2020 statement and the current OS. Anyone know where the ~15 million shares went?
Shareholders don't have to worry about unsubstantiated claims... all they have to worry about is what the next quarterly report looks like. There are always those who say" SHOW ME THE MONEY"
Warren Buffet says he watched COKE for 50 years before he bought in. He didnt buy into APPLE until recently and he's been watching it since the company was born.
I just bot some @ .014 (avg up)
That's easy: DCLT
fully reporting SEC
Less shares and positive equity
https://www.otcmarkets.com/stock/DCLT/disclosure
All the really cheap shares gone for now.
Penny stocks are rockin'. Starting to remind me of the late 90's when it was hard to find a penny stock trading under a dime.
That's good news. I've been holding this stock for years (since it was a penny) with no intention of selling anytime soon.
yep. big bids. and that wall at .009 may or may not be fake - but any news and it breaks up into pennies.
... I believe this is going to do well for the patient.
Have you visited their website via their company profile page? at OTC Markets
I'm out
I know what he has said but the extraneous chatter by others is --->
going to uplist to OTXQX and then to NAZ
I doubt those muttering that crap have any clue as to what it takes to get to naz.