Inportant PSA
Folks, do not be scammed and drawn to stocks like $Titan Pharmaceuticals (TTNP.US)$ $Zomedica (ZOM.US)$ $Jaguar Health (JAGX.US)$ $Inpixon (INPX.US)$ or $Nabriva Therapeutics (NBRV.US)$
I know the adrenaline rush and the dreams of making profits. i know coz i was that guy once
my thought process - wow it’s 12 cents snd cheap. i throw 200 bucks and it will go to 1$ and i will have 1000 bucks
classic newbie mistake and this is what these turd companies thrive on. your money is their ATM
I have traded these companies too but at that time it had a smaller share structure
now look at the float of each - over 150 million shares... and they all only recently executed reverse splits, like 14 months ago. since then they have diluted like maniacs. total theft. offering after offering and little revenue, even zero
avoid them like the plague. look for small and mid cap firms with lower share structure - like less than 60 million. that is what moves like a champ.
now one in ten times these turd compabies will jump - mostly due to discord pump and dump or there will be real good news - but 80% of the time they take your money
I learned my lesson and i have been only trading stocks above 90 cents, low float and with recent direct or warrants offerings. Existence of a warrant at a higher price is a sign that stock will move
I know the adrenaline rush and the dreams of making profits. i know coz i was that guy once
my thought process - wow it’s 12 cents snd cheap. i throw 200 bucks and it will go to 1$ and i will have 1000 bucks
classic newbie mistake and this is what these turd companies thrive on. your money is their ATM
I have traded these companies too but at that time it had a smaller share structure
now look at the float of each - over 150 million shares... and they all only recently executed reverse splits, like 14 months ago. since then they have diluted like maniacs. total theft. offering after offering and little revenue, even zero
avoid them like the plague. look for small and mid cap firms with lower share structure - like less than 60 million. that is what moves like a champ.
now one in ten times these turd compabies will jump - mostly due to discord pump and dump or there will be real good news - but 80% of the time they take your money
I learned my lesson and i have been only trading stocks above 90 cents, low float and with recent direct or warrants offerings. Existence of a warrant at a higher price is a sign that stock will move
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Trading Profits~>Take my kids to Disney
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Black Heavens : thanks was looking forward to Titan. and jaguar. I had nabriva. then got rid after dd. zomedica. I saw before. but not much interest
2ant1man5 : It’s called play the scalp on pennies don’t think most new day traders understand how to play the penny stocks yet.
Black Heavens 2ant1man5 : thats why I still have ttn and sndl
Black Heavens : biting the bullet hopping into titans now
Jeremy Manley 2ant1man5 : I scalp pennies everyday and make on average 400 a week from it. sometimes more sometimes less. never hold them overnight!
treydongui : yep, had my round with half of these. great heads up. thanks buddy
OldNormanBates : disagree only on zom
71334092 : Why does it keep falling?