08-03-2020, 11:38 AM | #2509 |
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I still have half of my original shares. Don't get me wrong, I wish I would have sold them all at $7.01 but I do believe that this stock will see above $7 again. Just not sure when.
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08-03-2020, 12:41 PM | #2511 |
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XSPA is moving again. I could jump out now and be a few pennies ahead of my purchase price, but I'm rolling the dice on a potential announcement of another test site at Newark Airport (EWR) in the next few days.....
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08-03-2020, 02:04 PM | #2512 |
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I missed reading his posts, I didn't always go in on many of the suggestions he posted but I always enjoyed reading. He spent time to research and explain, and the rest is all on you. Now I am debating to unsubscribe from this thread.
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08-03-2020, 02:15 PM | #2513 |
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One of his picks made me like $1200, I don't mind throwing $35 or whatever it was his way. I have a lot of crap going on right now so researching stocks isn't exactly at the top of my list.
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08-03-2020, 02:45 PM | #2514 |
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08-03-2020, 03:44 PM | #2515 |
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Oh I got plenty of time for that! Priorities man!
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08-03-2020, 04:05 PM | #2516 |
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I just punched out on XSPA at $4.50 just before market close. At this point, I'll take that $0.21 profit and celebrate another proverbial win thanks to Rmtt's research.....
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08-03-2020, 05:43 PM | #2518 |
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08-03-2020, 08:40 PM | #2519 |
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Wasted a little time today on penny stocks and made a grand. Anyone else waste any time today?
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08-03-2020, 09:41 PM | #2520 | |
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Don't assume penny (not true penny) stocks are a short term investment. Stock volume ownership is where money is made. A few shares of any stock, not going to do much. |
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08-03-2020, 09:53 PM | #2521 |
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I think what Rmtt and many other have figured out that the current market has a whole new opportunity. There have been a massive number of new investors with covid. They are mostly inexperienced with very little money in the market on average. They are emotional, run on news, fomo and then fear. It allows these penny stocks surrounding covid to be very volatile and a great way to make money if you research and find upcoming catalysts. I am a newb and have stated that many times. I am following others around and scooping up the crumbs. I'll keep scooping them as long as they are around. I keep my money spread out over 5-7 positions averaging $2-$3k per position. I average down when I have funds to do so and step out sideways if I lose faith. When one spikes I will sell 50% even if I still like the stock or 100% if I think it was just a pump.
Account balance may be zero by weeks end but so far it is working well and by far outperforming any other investments that I have. |
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08-03-2020, 10:42 PM | #2522 |
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We don’t have to explain anything to anyone...as long as you having fun, learning and making some money on the way..that’s all that matters!
Out with the old...in with the new |
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08-03-2020, 10:52 PM | #2523 |
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I’ve been holding some over 4 months, patience is the key. Depending on the portfolio, 20% could be a large investment in those penny stocks
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08-04-2020, 09:34 AM | #2524 |
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Check out SINT, another Rmtt pick. I am up 40% this morning. Will be interesting what it does today. Current jump is on rumor of a new antimicrobial mask but they have many other covid related products they Re working on.
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08-04-2020, 12:14 PM | #2527 |
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Picked up some DPHC which is a holding company (SPAC) for an electric truck company. Lordstown motors, up about 10% this morning after buying in on Monday.
Great potential here, just look at Tesla and Nikola. They are catering more toward fleets, which I think is something Tesla and Nikola lack in. Pricing seems competitive too. https://lordstownmotors.com Could see this triple by end of year IMO. Also, heavy in PLAY. Have been day trading about half my position when it runs to about $13.50 and re buying in low 12's... rinse and repeat. Still holding onto my XSPA for another airport announcement. Have pulled out my initial investment a while ago, so playing with my profits only. I was able to get in early when RMTT was talking about it in April. Last edited by Jordan's World; 08-04-2020 at 12:23 PM.. |
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08-04-2020, 12:18 PM | #2528 |
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It popped really quick and dropped again.
I'm glad I placed a see limit order just half hour before this happened and I was able to make a nice profit. I'll wait for another nice dip and buy into it and hopefully go for another ride again?! |
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08-04-2020, 12:32 PM | #2529 | |
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Quote:
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08-04-2020, 12:53 PM | #2530 | ||||
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I'll just day trade it with the peaks and valleys this has ....... not for the feint of heart but it has pretty decent swings up and down so I'll take advantages of those swings for now. |
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