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Re: Porch Honkey post# 69278

Friday, 08/06/2021 11:02:49 AM

Friday, August 06, 2021 11:02:49 AM

Post# of 80974
Already BANKED ...... PLENTY.

My initial purchase of EEGI was March of 2017, bought at .0001. (MILLIONS) along with several other really crappy OTC pennys that were at .0002 and most at .0001. WHY? Because I KNOW the OTC market. I know these pinks are cyclical and most get run every few years and get dumped. It is all cyclical. I bought when EEGI was completely out of favor for $100 a million shares. THAT was a gamble.

OH, guess where we are at in the cycle?

Buying and holding OTC in a PROMOTION CYCLE will be devastating.

All but 1 of my TRIP buys have paid out, EACH ONE VERY LARGE. ONLY ONE PINK has not folded up .....YET.

THAT is how you trade OTC stocks.

( BONUS POINTS: EEGI was in my ROTH.... sold (MILLIONS) at .0094 on the first silly runnup.)

ZERO TAX. IF you did not do this and you seriously expect a HUGE RETURN..... You already made a 30% mistake or more on your profits)
HUGE ROOKIE MOVE.

So NO.... I have ZERO PANIC in me.

I did make a FLIP trade today for all of my house payments... for this year though.

Those TWEETS by "whales" people post..... They are working the marks.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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