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Yes! Having some fun today. Maybe it's better this is low key. I like the slow and steady here :)
We def destroyed some resistance today.
So a min small cap is 300mil...so if our market cap is 40mil or so, then that gives us a lot of wiggle room. Can someone clear this up? Also, with the new SEC rules, could this thing go bust? That is one concern I have.
Thanks! I have a position in most of their plays including AVVH. Any of these have the potential to hit a $1 w/o a RS or is that asking too much?
Another custodial play here Green Rush?
Which is about to merge?
I appreciate that but funny thing is...I sold FBCD to buy other SSM plays..was too heavy on FBCD...if someone wants to put a basket SSM portfolio together, I'd be all ears...I'm a little heavier on FBCD and IFAN and not in on most other plays of theirs (but own like 1 or 2).
Was considering that actually...
Just throwing it out there, I'm red last two days on pretty much all my plays, most of them are custodial (SSM Monopoly) type plays, but not all. Just throwing it out there...
I'm still trying to figure out why the overall market sentiment has gone down recently and hoping for a green Friday.
Thanks!
bro, thanks for pointing that out my man
I keep wondering if the activity on these 8+ year old plays I did years ago is due to SPACs or custodials or something.
Personally, I'm mostly in SPAC or custodial plays with majority in SSM Monopoly plays...
Not telling anyone what to do with their $$ because I make many mistakes with mine...
So I'm hoping this time I make correct decision :) I like the idea of a potential real company company out of these penny plays (not saying ENTI wasn't real, it had a real product).
But that's me...you do what works for you.
Ps. Not financial advice, I'm simply a stranger on the internet.
Thanks for that... I don't know how to do my own Due Dilly (as it is now called) on these plays so appreciate that.
SSM Brother, I hear thee!
I am in IFAN, CBYI, AVVH, and was heavy on FBCD...since I was like 80\20 with FBCD being my major holdings, I sold some on the serious dip we had...since I was down 30% the typical logic is to hold but my logic is, these other plays can go up 20% for a few days sometimes...maybe FBCD needs to cool off...so immediately after I sell for like .0193, it goes up to .023 in like 10 minutes, I think it even closed green...you just can't win trading like that...just can't...glad I'm diversified now though...
Anyway...
The other non SSM plays I have are HOMU. My friend likes HMBL still even though it had a massive run...
Another one I have my eye on is GMER (up 190% on news, sometimes they run sometimes they crash so everyone do your own DD on this one).
IVPAF I have tagged for some reason too.
So many plays, so little time...
But I agree man, if you can put 100$ or 1000$ in 10 SSM plays and just one pans out, you can score big. That's my thought anyway...and it's not like you can't make money on the other 9 ;)
Seems like $$ in the bank, that's why I think a little diversifying would be nice and I wish there was a sweet basket fund for SSM plays based on risk tolerance.
Ps. Not financial advice, do your own homework\due diligence...I'm just a stranger on a forum people.
What's your price target on this? I know we can't predict...also approx how many shares you have? I wanna take a stake here. Watching it go up so high today, I feel like I missed out on some $$...i had this tagged at .045 when I heard about it :(
Ps. Love the car...yeah, a nice car would be a nice bonus to my earnings, maybe a project for my dad and me. He loves the oldies and can work on almost all of them no problem.
Well my other SSM play is down over 20% and unfortunately, I didn't diversify well and it's probably 75% of my portfolio (still up overall so that is good).
Holiday is coming up...also, I think some are selling one SSM play for another...might not hurt to diversify a bit in these plays IMO unless you are super sold on this one vs the others. I'm working on that myself personally...then I can kick back and relax and play the medium-long game. I can see AT LEAST one of these 10-100x+++ anyone have any thoughts on that strategy?
Also, a lot of the SSM plays can go up 20-40% in a day and sometimes multiple days so I would not worry about 5% dip, it happens. I'm hoping these continue to run hot (I don't see why not).
Ps. This is not financial advice and open for rebuttals. Always do your own due diligence (DD) and don't listen to strangers on a forum telling you what to do with your money.
https://ssmmonopolycorp.com/updates
https://twitter.com/ssmmonopolycorp
So what is going on with this thing anyway? I bought a few, have no idea why it's been moving.
Healthy correction? Hoping for a rebound Friday! Making we'll smoke them shorts tomorrow.
Only reason I'd sell would be to diversify other SSM Monopoly plays. Anyone mostly all in here? Is this one of the better or shorter SSM plays? They all look juicy.
Risk vs reward, how do you feel on it? Think as if you are a new investor, just coming in, would you buy?
This is absolutely insane. Played around with pennies for quite some time off on...this thing is a monster. Maybe I got in at a good time but dang, look out. I hope the uptrend continues. I am literally kicking myself for not buying more.
I try not to break my rule of buying more when I made money, but I may have to reconsider ;)
I have no idea where I found this one but only took a small position unfortunately...I'm up like over 100%, it was one of the few didn't tank much on the ride up too.
I'm probably sticking with holding my position and not add, but it is sure tempting.
Good luck everyone and crosses fingers for future happenings.
Thanks will keep an eye on that.
I made some bad moves due to that RS thing...even though I saw it personally as not a bad thing...but the guy that gives me the inside scoop on this stuff told me to sell, so I made some bad moves and I paid for it. Still here though w/ a position.
Thanks for that, had no idea.
Isn't the whole point of a penny RS to attempt to get Nasdaq status? I always feel people confuse penny RS and Nasdaq RS. A Nasdaq RS is a sign of weakness with the stock as it can't maintain its price target to meet Nasdaq requirements (seems to be $4 now). Someone correct me if I'm wrong.
Now with a penny stock, what other options do you have other than HOPING your stock somehow jumps 100000%+? Maybe there are other options but an RS is one of them.
Another area of confusion is confusing a SPAC for a penny play. Many penny plays say they are going to RS to get on the big board but never do...and it can be associated with false promises and such.
SPACs are legit companies, so of course they are going to work on getting on the big board.
Is it possible that shares were not all unlocked at once to keep the stock more stable? Just a thought...
What causes that? Had this issue in the past.
Yeah, you can still buy XMETD. But as someone had said, sometimes the orders don't go through all the time, it's kind of weird, maybe it's due to low volume but you think a BUY would go through no problem...but I've had issues with eTrade before on this matter. I would suggest if it doesn't go through, to cancel and try again.
And take a look at the prices...the BID and ASK are both lower than the price...maybe this is part of the issue when trying to buy (maybe the prices aren't reflective of the ACTUAL price). I don't know why this would happen but maybe it's something to do with the locked up shares.
$1.50+0.15 (+11.11%)
Bid x Size
$1.41 x 6,845
Ask x Size
$1.45 x 1,000