I've been following a penny stock for a month called SunPeaks Ventures (SNPK). A co-worker brought it to my attention when it jumped out to .40 cents a share. It debuted in early March and since then has been on a tear. It's now at 2.23 a share.
It's an amazing story. This company supposedly has a supplement that can help thin blood. It's only method of distribution appears to be with Wal-green's online website. This company has yet to crack 6 figures in sales.
http://www.vancouversun.com/busines...ntroversial+Osoyoos+family/6444357/story.html
If you read that article, it goes on to tell you about some shady people that are associated with the stock/company. So, I highly recommend not investing in this, but it is an absolute fascinating story to watch unfold.
It's getting hammered right now, down 50% to the $1 level, and it dipped below that for a little while.
Yep, lost almost half it's value in about a 15 minute window. Pretty funny.
Now that Spain is the one worrying people over Europe, I predict the next one in line will be France.
Watch things go crazy after the first round of elections. If protests and general population unrest in Greece worried people, imagine how it will be when the same happens in France.
See you next Sunday! lol
Damn THQ is skyrocketing, looks like they might hit their $1 to stay on the market after all.
Dam wonder if I should try getting in on it and get off at $1. Would still be good for a 25% return.
So Seeking Alpha has an article showing some transparency on STVF and it's not looking good. Sold my shares for now expecting a bigger drop due to a likely pump and dump operation. Depressing but should have sold out when I was up alot.
http://seekingalpha.com/article/517901-stevia-first-corp-recent-executive-stock-sales-and-underlying-business-fundamentals-suggest-shares-in-this-heavily-promoted-company-are-nearly-worthless
I'm looking into THQ for a quick flip now.
So Seeking Alpha has an article showing some transparency on STVF and it's not looking good. Sold my shares for now expecting a bigger drop due to a likely pump and dump operation. Depressing but should have sold out when I was up alot.
http://seekingalpha.com/article/517901-stevia-first-corp-recent-executive-stock-sales-and-underlying-business-fundamentals-suggest-shares-in-this-heavily-promoted-company-are-nearly-worthless
I'm looking into THQ for a quick flip now.
Now that Spain is the one worrying people over Europe, I predict the next one in line will be France.
Watch things go crazy after the first round of elections. If protests and general population unrest in Greece worried people, imagine how it will be when the same happens in France.
See you next Sunday! lol
A new penny stock candidate (well, new to me) is Liquidmetal Technologies. It's skyrocketed lately, and keeps going up based on rumors that the iPhone 5 will be using it's tech. Trying to get in at .49$
edit: just made my first stock purchase. Watching the stock ticker after buying in is a whole nother ball game. fuck me im going to have a heart attack
NO THAT IS NOT LOGICAL. THE PRICE WON'T JUMP BECAUSE IT IS "MORE SECURE" WTF DOES THAT EVEN MEAN?I feel like *if* it hits $1, it'll go to at least 1.10-1.25 because it will mean THQ is slightly more secure as they won't be taken off the market soon-ish.
You think sounds logical?
So Seeking Alpha has an article showing some transparency on STVF and it's not looking good. Sold my shares for now expecting a bigger drop due to a likely pump and dump operation. Depressing but should have sold out when I was up alot.
http://seekingalpha.com/article/517901-stevia-first-corp-recent-executive-stock-sales-and-underlying-business-fundamentals-suggest-shares-in-this-heavily-promoted-company-are-nearly-worthless
I'm looking into THQ for a quick flip now.
I don't have a clue about stocks.
When you guys buy stocks, how much do you typically invest per company?
Say, hypothetically speaking, I have $50,000. Is it better to keep it in the bank or invest in a company?
A new penny stock candidate (well, new to me) is Liquidmetal Technologies. It's skyrocketed lately, and keeps going up based on rumors that the iPhone 5 will be using it's tech. Trying to get in at .49$
edit: just made my first stock purchase. Watching the stock ticker after buying in is a whole nother ball game. fuck me im going to have a heart attack
NO THAT IS NOT LOGICAL. THE PRICE WON'T JUMP BECAUSE IT IS "MORE SECURE" WTF DOES THAT EVEN MEAN?
I'm no expert, but I would steer clear of THQ even if its share price gets past a dollar.Sheesh, alright dude sorry for asking. I never claimed to be an expert at any of this, so I was just "thinking out loud", if that makes sense.
Any constructive feedback is always welcome.
We anticipate that our current capital resources, together with anticipated cash from operations, will be sufficient to fund our operations through April 30,
2012. Following April 30, 2012, we will require additional funding in order to continue operations as a going concern. Although we are actively pursuing
financing transactions, we cannot guarantee that adequate funds will be available when needed and even if available, cannot guarantee that we will achieve
favorable terms. If we raise additional funds by issuing securities, existing stockholders may be diluted. If funding is insufficient at any time in the future, we
will be required to alter or reduce the scope of our operations or to cease our operations entirely.
Sheesh, alright dude sorry for asking. I never claimed to be an expert at any of this, so I was just "thinking out loud", if that makes sense.
Any constructive feedback is always welcome.
Sorry, you got caught in the crossfire.
I'm just getting fed up with seeing stock advice/hypotheses based on intrinsic feeling rather than actual financial projections. Someone in this thread is going to lose a ton of money for no good reason, if it hasn't happened already and they're too embarrassed to admit it.
But I see now you definitely weren't giving advice. I apologize again, and instead offer a polite "No, that is not a sound theory." response instead
If you have some finance-based theories about THQ, or just any questions about how to go about making a finance-based theory, I'm all ears
A new penny stock candidate (well, new to me) is Liquidmetal Technologies. It's skyrocketed lately, and keeps going up based on rumors that the iPhone 5 will be using it's tech. Trying to get in at .49$
edit: just made my first stock purchase. Watching the stock ticker after buying in is a whole nother ball game. fuck me im going to have a heart attack
A new penny stock candidate (well, new to me) is Liquidmetal Technologies. It's skyrocketed lately, and keeps going up based on rumors that the iPhone 5 will be using it's tech. Trying to get in at .49$
edit: just made my first stock purchase. Watching the stock ticker after buying in is a whole nother ball game. fuck me im going to have a heart attack
Man, Ford dropping has hurt me a bit. I currently have 3/4 of my portfolio in F and the other 1/4 in PFE. Thinking about selling the PFE to break even and putting my all my eggs in F. That way it will ratchet down the average price I bought F for. I know Ford is a good company that will get back up to the ~$13 range eventually.
Thoughts?
wtf, so STVF was just a big scam? goddamn
My co-worker owns Ford and desperately wants to get out. It's been a 'dead' stock for quite awhile and no real signs that it's going to break out in the near future. He's raking in money from his high dividend stocks (NLY and PSEC) and wants to shift the money there.
My co-worker owns Ford and desperately wants to get out. It's been a 'dead' stock for quite awhile and no real signs that it's going to break out in the near future. He's raking in money from his high dividend stocks (NLY and PSEC) and wants to shift the money there.
A new penny stock candidate (well, new to me) is Liquidmetal Technologies. It's skyrocketed lately, and keeps going up based on rumors that the iPhone 5 will be using it's tech. Trying to get in at .49$
edit: just made my first stock purchase. Watching the stock ticker after buying in is a whole nother ball game. fuck me im going to have a heart attack
Buying penny stocks is dangerous, especially if you don't know what you are doing.
Liquid Metal received a one time payment for an exclusivity deal with Apple. The surges are fiction, any valid action happened here at the announcement a year ago.
Yup getting ready to sell my AAPL shares if it gets back to 640ish.
Glad STVF didn't slide much today but if it does I'm going to buy more to average-down my buy in price.
holy cow AAPL up 34 bucks already in after hours
FFFFFFFFFFFFFFFFUUUUUUUUUUUUUUUUUUUUUUU!Would you guys buy APPL at this point or wait until after earnings?