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Yeah, I knew there’d be some sellers, but it looked like it was going straight to 50 so I didn’t hesitate. Didn’t expect to come right back down. Oh well. Now have a mill at a 003176 avg. and feeling good about it. Just wish I would’ve caught onto this one earlier.
I went to bed last night owning 650K PFWI shares and I had the perfect plan to join the Milly Club here within 1/2 hour of opening. I would finally give up on AZF* and part with my remaining 800K shares at .0017 and then come here and slap the ask for my missing 350K at 0033-0035.
Then I saw it at 5AM (West Coaster). News! Usually a good thing, but not in this case. Then that other one plummeted from the opening bell. A perfect shitshow of events.
Well, that’s the gist. Happy to join the club, but I chased & bought up near 0040 this morning and of course the other one came up 3 ticks from where I sold. Whatever. Now ready for a lot more news and it will be nice to react to it with a fist pump instead of a “FML.”
New tweet & FB post re: Swanlock app update:
https://twitter.com/worldflix/status/918342425315282944
https://m.facebook.com/worldflixinc/posts/1711048208968763
Nice one here:
$TGGI sent 300 mill shares to the TA Wednesday for cancellation, below is a copy of the certs & Cancellation Resolution more info to follow pic.twitter.com/c0Wq90U546
— Trans Global Group (@transggi) October 6, 2017
I also entered at .0011. Been slowly working it down. That 1.4M ask slap cut it in half and I’m feeling a lot better about things now.
Another run to dubs+ would sure be nice!
Yet another blunder. Had a 96K ask slap at .0099, but it didn’t fill right away and I dropped it to 56K. Filled within a minute and this run started almost immediately after. Oh well.
Was really hoping to join the Milly Club, but only managed to get a quarter of the way there. Kicking myself for not taking full advantage of the ridiculous dub gift prices while they were available.
Nice. Really wishing I would have added more on the recent basement dips, but it was hard to justify dumping more money into something that I was already $5K down on. Now “only” down $3K and confident that I too will be Back in Black soon enough - then the fun REALLY begins!
Go Hawks! Go ONCI! And Go (that other one that we talked about on Tuesday).
Have a blast down there, Beau!
I've been going through my holdings seeing if I could find something to sell to add to my modest ONC* collection.
Thank you for bringing me to my senses with this post. My RSII shares are absolutely off limits!
As a Johnny Come Lately here, I'm very envious. Would love to be in the Milly Club, but unless one of my other holdings skyrocket soon it's not looking good. My new goal is to hit that mark with PAOG & RSII combined. I'm a little over 1/3 of the way there (200K here; 175K there). Obviously PAOG is getting a little more love even though it's slightly pricier.
Awesome! Enjoy the game.
Hopefully the Hawks' offense & INMG get rolling soon. Both are SO much better than what we've seen thus far.
Very nice! Intrigued by that Green Remedy.
I'm finally getting better at the patience game. I've only been playing the OTC since March and I've made many mistakes by exiting too early, INMG being one of my worst. Had a bunch at .006 and let them all go around break-even.
Just got back to a half million today, but still with a bloated .021 avg.
Not even worried though. Obviously wish I would've timed things differently, but can't dwell on that now!
Ditto. 2 years next month. Haven't had a single drag of a stinky since the switch to vaping.
Currently down $5K on INMG, but that's less than the annual savings from the switch. I feel better now.
They also started following me on Twitter today. Since I only have 54 followers, it's kind of a big deal.
Thank you for sharing this great info.
These sellers will be kicking themselves like I am for selling 3M in the 002's.
Just not quite as hard.
Funny that you use that number. With my current allotment, $2.37 wouldn't make me a (pre-tax) millionaire here, but $2.38 would.
$2.38!
Hope you're right. Thanks for the peace of mind!
*.017 of course.
Ditto here. Slapped the .17 ask a few minutes before the close. That 80420 gives me 420,420 total and that's what I'm riding with for the long haul.
Sure, it's tacky AF and I'm okay with that.
If this keeps dropping then I guess it was a bad call to dump more into it, but I'm looking at today as possibly the last opportunity to buy at ridiculous prices. That answer will be known very soon. I'll either point at myself in the mirror with a wink or I'll SMH in disgust - especially since I sold a chunk of my hottest play to fund it. YOLO.
Well, it dropped from dub 3's & 4's last week to half that so anyone who bought in at those levels is deep in the red right now. But as always, they didn't "lose" unless they sold.
I'm a little in the red right now after averaging up, but I know I'll be okay - and so will they.
Averaging down often isn't a great strategy, but in this case I'd definitely do it if able. I'm hoping to add more tomorrow morning if I can get some before it shoots up as expected.
Thanks, SR. I feel much better now!
That'll do. Thanks!
Great post. INMG is currently about 1/3 of my portfolio and I'm slightly red on it, but I expect that to change soon.
Having just gone through the "@MJAC2017" and "#MJAC2017" Twitter feeds, one concern I have is that I'm finding INMG mentioned very little in either. For some reason I thought we were basically going to be the Star of the Show and hopefully that IS the case, but if it is I would've expected to see our ticker &/or name mentioned in those a whole lot more than I am.
Can someone alleviate my concern with that with more than "tweets are irrelevant to our growth" type of replies?
I'm very excited and encouraged about the days/weeks/months ahead and Debbie Downer posts aren't my typical style; just hoping that someone can tell me why the lack of exposure on the MJAC feeds are no biggie. TIA.
Exactly the number that I almost added (twice), which would have given me an even 420K shares here, but both times I ended up canceling my 1M AZF* sell order, which is what would have funded the purchase.
I've already sold a couple million shares of that one, most of which ended up coming here. Guess I'll find out soon enough if that was a great move or a terrible mistake.
Nice.
Haha, for sure!
Blew my phone up, wow.
Phenomenal job. Love it!
Well that escalated quickly. Damn, was hoping to add some cheapies, but nobody wants to buy my POS stock that I'm trying to sell elsewhere.
Nice turnaround.
Speaking of trains, I answered your question on that board but it was expectedly deleted for cross-promotion. Click on my user name and you should find it; I posted on that board right before this one.
Glad to see that you're also in INMG. I messed up bad here and sold all (250K) of my dubs a couple months ago thinking I'd get back in before it took off. I'm back in now with a measly 100K that I paid a whole lot more for. Clutching these tightly and trying to add on every dip. Sucks knowing that had I made better choices in June, I'd be holding at least 3M shares here. If that "other" one works out, profits are coming straight to INMG!
I had been trying to give my 3.5M shares away at 2's for the past week, which would've been a 50% loss. This morning I let them go for t1 and losing a thousand bucks has never felt so relieving. My portfolio is currently only 20K, so this was a pretty big hit.
(I'm also comforted by the fact that I moved the measly $350 from this to add to a play that's on fire and I fully expect to make it back and much more. Time will tell.)
I tell you all this only because nearly EVERY time I give up on something like this, it inevitably rockets so unless you're just fed up like I was or there is some other compelling reason for you to take a big loss, give this a little time and hopefully a surprise is in store. As much as I'll try not to watch it, if I find out that something good happened here I won't even be mad because I'll know that some good peeps were bailed out. Good luck, all!
I'd like a redo on this day. Glad that I at least grabbed some of those cheapies I woke up to, but man, that was a golden opportunity to liquidate every other crap stock I'm holding and I would've make up the losses within a couple hours.
Of course if we had hindsight power in this game, we'd all be filthy rich from do overs.
The worst part for me is that I actually put a break even Sell All Shares order in the morning of the crash, but then canceled it before it filled. Then I bought 2M MORE to get my avg down to t4 where I'm bagholding now.
This thing has been a travesty, but will hopefully make me a smarter investor going forward. Sorry for taking a shot at you out of bitterness when the blame really lies on my own naïveté and the company itself.
Maybe they come out with something positive and honest soon, but unless that happens I'm only holding bags and not my breath.
Oh, I've replaced twice what I sold - just paid a lot more for them. Was trying to warn others (longs anyway) not to make the same mistake.
I'm still pissed at myself for panic selling a third of my (very modest) lot at .12 when it dipped a couple weeks ago. Of course it rebounded almost instantly. I got 'em back, but I'm now at a much higher average. Lesson learned.
Got my starter this morning as well. Very small position, but will be adding as much as possible ASAP before it gets too expensive. Cheers!
Wish I would've read a post like this when I made my OTC debut in March. Fantastic advice and one of the best posts I've ever read.
My mistakes are fewer & further between, but I definitely still make them (e.g., biting on P&D's or worse, not going HUGE into AMFE when I first bought in at single digits. Paying a lot more now, but adding as possible and in the grand scheme it's still crazy cheap compared to where it will be down the road).
Thanks for everything, Rocket. You're the reason why I've never even considered flipping this one. It is simply untouchable other than adding!
Very strange day that began with me trying to ditch all shares at trip 2 for a thousand dollar hit. Fortunately (?) it didn't fill and when I noticed the monster buys coming in, I decided to cancel the sell and buy another million at 2's to average down a tiny bit.
I'll now hold this as long as it takes for that to be a very good decision.