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I am going to put 10,000,000 on the bid in a minute to see if there are any suckers willing to sell to me.
the entire otcbb market has had a bad week.
The R/S coming is why the selling is happening.
uh oh, things improving here!
naysayers keep mentioning the rs, I tend to doubt there will even be one now.
there is only 30 mil on ask @ .0005, this can be back to .0007 in no time.
lots of accumulation @ .0004, looks like it may be time to go north.
there has been 4 or 5 halts in the past few months, almost all of them F for foreign penny stocks.
LEAS seriously?! no one talking about this stock being a total scam and fraud on this board?!!!! everyone on this board knows this is a .0002 or thereabouts stock in the next couple of days. why the silence?!!!
I've only shorted 3 times, have wanted to at least 7 or 8 times, no shares were available to short. just began shorting very recently.
believe me, seems like everyone wants to know.....especially on this board it seems.
would love to see this board do the hard work/research/DD and find the few good penny stocks. since 98 to 99.5% are scams, seems pretty easy to call a stock a scam. a blind monkey could do it correctly 98 to 99.5% of the time!
its amusing how many private msgs I'm getting concerning whom I use to short stocks. makes me feel like maybe I've latched onto something pretty good. I hope.
tell me that 1 out of 100 stock first.
this is only the third time I have shorted a penny stock, my other gazillion trades thru the years I have gone long. since 98% or more of these pennies are scams, its seems too easy to devote a board on IHUB dedicated to finding the scams. why don't you guys find the 2% that aren't scams. that would be great!
I traded pennies for 15 years and never knew they can be shorted. if it wasn't for my friend, I still wouldn't know it. for obvious reasons I can't answer your questions. there is not a lot of shares to be shorted as things are.
please trust me when I tell you the shares are hard to come by, a friend of mine used to short these pennies like crazy about 10 years ago, I haven't spoken to him in years till I called him recently and asked him how he did it and what brokerage he used. its very difficult to get a ton of shares. commissions are a little higher than normal.
Figured this board could have some good DD on nnrx, you guys are the best!
NNRX is a scam, correct? shouldn't be too hard to answer considering 98% of the pennies are scams.
I was able to short a few NNRX shares today, figured this board could help in identifying nnrx as a scam. we can all agree it is a scam, correct?
EGOC loved the trading action on Friday.
does anyone know if a reverse split is int he near future? I got burned by a stock doing that to me recently.
the Stop Sign is a big concern for me.
EGOC is reminding me a lot like nnrx. exact same way nnrx started out with the merger talk, I just sold this morning @ .0077. I held it for almost 2 weeks.
EGOC liking this one for a longer term play, maybe a week to a month.
we are getting in early on this one, will be interesting to see where we're at a month from now.
when this hits .005 or higher (if it does), i hope you get on board and join us.
FTPM I noticed that, getting some attention. know why there has been accumulation the past 2 or 3 trading days?
wonder what is going on here, haven't seen action on this stock in a long while.
noticed it getting some attention, haven't seen that for a long time on this stock.
I'm in, come on .00's!!!
I never do DD, never. I'm only interested in volume and price movement. almost every penny stock is a scam, I don't need DD to tell me that, I already assume it going in.I only want to make money on the stock and move on to the next one. I do not want to marry the stock, I hold it a day or a week, sometimes maybe even a month if I feel it still has momentum. I feel what this board does is a waste of time, this is penny stocks, what do you expect!!? if you want to solve puzzles, expose the fraud on the NYSE stocks, and most of them are prolly legitimate.
its also interesting that a lot of you on this board have few member marks, but have tens of thousands of posts. I don't think it necessarily means anything...just interesting.
id like to know of those "legit" otcbb mining stocks you're talking about!
This catv stock is a good example of how this board and others may help or hurt penny investors. (I will prolly be buying this stock tomorrow morning). I read from Friday that a George Sharp is the reason this stock dropped. HE is another person who is "helping penny traders". wonder how he helped the ones who lost 50% of their money Friday? I don't know what this stock is going to do, I never do know for sure what a stock will do. this may be trading @ .0001 a week from now and you will be justified, but what do you tell the ones that lost money from Friday when catv is trading @ .0025 a week or 2 from now? a lot of these penny stocks make massive moves, and I would suppose your team is bashing them as they trend upward.
sure appreciate someone looking out for me, but I believe every penny trader knows that 98% of these are scams. yet somehow, some of us make a decent living trading these pennies.
this is to anyone on this board: since every penny trader knows that 98% of penny stocks are scams and fraudulent, you could just about pick every penny stock there is to DD/bash. MAIN QUESTION: how do you pick the ones to do DD on/bash? QUESTION #2: did any of you on this board ever think of shorting these stocks before you bash them? A person could make a nice living doing that as a group; or even as an individual. TIA for any insight.
"motivated by higher principles".....I like that. wish I was wealthy and could post on these boards for "fun". since most of these penny stocks are scams, what good are you doing exactly?
how do the people of this board make money? on all other boards people are long or short, so they bash or pump. how do members of this board get compensated?. I wouldn't think anyone would spend time every day on a board doing DD and posting about companies just for "fun".