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+--- Thread: [Stocks] A fortune for a Penny [Updating] (/showthread.php?tid=5101476)
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A fortune for a Penny [Updating] - Kіng - Dec 20, 2015
I'll be updating this every now and then. I have invested $500-1k into each of 9 penny stocks and I put $5k into ENDV. I know the market is pretty high risk but when is a penny stock ever not risky?
I just hope my roi is enough to offset my losses in some of the other companies.
* - ₲ᴚᶚᴇﭏ - Dec 20, 2015
Nice thread, let us know mate.
* - Kіng - Dec 20, 2015
(Dec 20, 2015 06:14 PM)₲ᴚᶚᴇﭏ Wrote: Nice thread, let us know mate.
Thanks! ✌ Wish me luck, haha!
* - Terror32 - Dec 20, 2015
Good luck. But there are proven strategies out there for penny stocks. Hope you are not playing the lottery method.
* - Kіng - Dec 20, 2015
(Dec 20, 2015 06:56 PM)Terror32 Wrote: Good luck. But there are proven strategies out there for penny stocks. Hope you are not playing the lottery method.
I know. I did my research on the companies prior and I honestly think they have great upside potential. I say "penny stocks" but they aren't actually start ups, they've been up for a while now and have been established, they just recently had some hard times in the last 6-8 months.
* - Terror32 - Dec 20, 2015
(Dec 20, 2015 07:18 PM)Kіng Wrote: I know. I did my research on the companies prior and I honestly think they have great upside potential. I say "penny stocks" but they aren't actually start ups, they've been up for a while now and have been established, they just recently had some hard times in the last 6-8 months.
Nice to hear that. Hope you make good ROI. 🙂
* - Black - Dec 21, 2015
Good luck, might get into this myself.
Any tips?
* - Trigger3lite - Dec 21, 2015
(Dec 21, 2015 12:07 AM)Black Wrote: Good luck, might get into this myself.
Any tips?
Don't buy at the top. Practice before hand. Avoid hyped up stocks. Research research research. Don't trade penny stocks if possible.
* - Kіng - Dec 21, 2015
(Dec 21, 2015 12:09 AM)Trigger3lite Wrote: Don't buy at the top. Practice before hand. Avoid hyped up stocks. Research research research. Don't trade penny stocks if possible.
Yea, Trigger is correct on all counts. I honestly am just in penny stocks because I have some funds that I can risk (aka won't really affect my life in a negative way if I were to lose it) and just want to test my luck in pennies.
It may take a long time for you to find even one suitable penny stock, honestly.
* - DeFamed - Dec 21, 2015
Good Luck to you. Love seeing others take on Penny Stocks.
* - Logic - Dec 21, 2015
Good luck, hope you have a high ROI
* - Kіng - Dec 22, 2015
Thanks for all the support guys. I really appreciate it. I'm currently up 3% across all of them but I'm hoping to see more green tomorrow!
Hey guys, so I just wanted to get your feedback: Should I update this daily or weekly?
* - S2xx - Dec 23, 2015
You might want to consider $ASTi, read their chart and if you can get in at .11 and wait you'll probably make 100% return.
* - rogelio11 - Dec 23, 2015
good luck,
wish you the best and hopefully you hit a good ROI on your picked stocks.
i will soon get in as well.
gotta research the right one that is.
* - Kіng - Dec 23, 2015
Thanks guys.
Progress Breakdown (1 week):
Penny #1: +92.4%
Penny #2: +8.2%
Penny #3: -18.6%
Penny #4: +1.13%
Penny #5: +0.6%
Penny #6: -9.0%
Penny #7: -8.86%
Penny #8: +0.2%
Penny #9: +36.4%
Total %ROI: 102.4%
Total Profit ($): 9710$ (This includes all fees)
I sold out of ENDV after making 1.8% because I don't think it'll really go up much (My calculations above does NOT include ENDV).