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JRRD @ .001

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Posts: 7

rubberneck

Veteran

Joined: Apr, 2000

Posts: 3163

Posted: Apr. 19, 2013 - 4:05 PM ET #1

took a gamble on penny stock,they do nothing but stock has seen some action as of late....will put 20% stop on it just in case

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Michfan15

All-Star

Joined: Oct, 2008

Posts: 11310

Posted: Apr. 21, 2013 - 9:04 PM ET #2

why do you like it

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rr207

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Joined: Nov, 2008

Posts: 3743

Posted: Apr. 21, 2013 - 11:08 PM ET #3

how does the volume look like?

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rubberneck

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Joined: Apr, 2000

Posts: 3163

Posted: Apr. 22, 2013 - 7:34 PM ET #4

down 10% 1 day....I'm only gambling on it

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bill702

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Joined: Jan, 2009

Posts: 2235

Posted: Apr. 23, 2013 - 3:37 AM ET #5

Where do you even come up with this randomness? JRRD? You sit here with the fact that they do nothing and is essentially a shell, but you still gamble on it? I do play penny stocks as a gamble probably more then I should, but it's definitely not knowingly a shell usually a fraud haha. My last two I jumped into have been pretty good and made quick money in and kept a few shares. MIKP was my last one and still can't figure it out. I tripled my initial investment sold it and kept a few million shares and it went to untradeable and still shows no bid/ask, but every few days it has massive volume and stays at .0005. Can you even put a stop loss on a penny stock?

I'm not trying to be negative just curious this fascinates me for some reason. All you need is one to take off to make up for all the duds you pick up. There isn't a better feeling then buying something at .0002 and selling it at .0048. I remember I bought EYSM about 2 years back, because it came up on a screener when I was buying telecoms. Bought 3 million shares so a small amount of $600 and within a month sold it at .0048 once it made a little pop to .0012 I started watching it and it had that old vegas feeling of quarters coming out of the slot machine after you hit four aces with the kicker. Like in what world can you make over 10k in a month off a little $600 investment in what turns out to be a fraud company. It's at .0002 again though haha and I just re bought a few million shares to see if this lottery ticket pays off again. The ticker changed to SEEK.

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rubberneck

Veteran

Joined: Apr, 2000

Posts: 3163

Posted: Apr. 25, 2013 - 4:58 PM ET #6

got stopped out 2 day-moving on

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Michfan15

All-Star

Joined: Oct, 2008

Posts: 11310

Posted: Apr. 26, 2013 - 1:37 PM ET #7

Quote Originally Posted by bill702:

Where do you even come up with this randomness? JRRD? You sit here with the fact that they do nothing and is essentially a shell, but you still gamble on it? I do play penny stocks as a gamble probably more then I should, but it's definitely not knowingly a shell usually a fraud haha. My last two I jumped into have been pretty good and made quick money in and kept a few shares. MIKP was my last one and still can't figure it out. I tripled my initial investment sold it and kept a few million shares and it went to untradeable and still shows no bid/ask, but every few days it has massive volume and stays at .0005. Can you even put a stop loss on a penny stock?

I'm not trying to be negative just curious this fascinates me for some reason. All you need is one to take off to make up for all the duds you pick up. There isn't a better feeling then buying something at .0002 and selling it at .0048. I remember I bought EYSM about 2 years back, because it came up on a screener when I was buying telecoms. Bought 3 million shares so a small amount of $600 and within a month sold it at .0048 once it made a little pop to .0012 I started watching it and it had that old vegas feeling of quarters coming out of the slot machine after you hit four aces with the kicker. Like in what world can you make over 10k in a month off a little $600 investment in what turns out to be a fraud company. It's at .0002 again though haha and I just re bought a few million shares to see if this lottery ticket pays off again. The ticker changed to SEEK.

message me

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JRRD @ .001

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