Originally posted by Karel
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Penny stock picks??!!!
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Not just any penny stock, please
I personally really do not like a penny stock thread, never mind that I bought JBII with my own money, and with sub-penny stock calls coming up I want to draw a line. If you want to draw attention to a penny stock here, instead of at the countless places where penny stock investors congregate, it should be for a stock- with a share price of 50c or more;
- with a market cap of 50M or more.
These requirements might be waived for a company that actually has (continuing) revenue.
This should keep the worst of the breed out.
Regards,
Karel
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Karel AMEN Brother
Karel your money management is great ......my philosophy has always been ,NEVER to marry any stock .....and God Forbid , dont bet with any money you CANNOT afford to lose.Originally posted by Karel View PostIt is a possibility, yes, but it has more going for it with its Plastic2Oil story than, say, SKGO with its ‘merger’ story. JBI CEO Bordynuik has a name to lose, but this might be the time for him to do it, in return for some cash. One of the problems I see is that there is no confirmation of the announced debt redemption (effective 12-29) and another that the production schedule has a delay. I like the attempts to get JBI listed, but I would like revenue even better. Yet another possible problem is that the number of authorized shares recently was doubled, to 150M. About 60M shares outstanding, of which 25M float. And there seem to be more people working on catalysts.
That is taking a very negative stance, however, and all these (possible) problems notwithstanding, I remain in JBII, but I will continue to trim the position back on the way up. My next sell target is 7.90; I will lose money when JBII drops below 2.40. And I am not betting the bank on JBII. Nobody should be.
Regards,
Karel
Hopefully JBII goes AMEX so that I can set a Trailing Stop Loss!!
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It is a possibility, yes, but it has more going for it with its Plastic2Oil story than, say, SKGO with its ‘merger’ story. JBI CEO Bordynuik has a name to lose, but this might be the time for him to do it, in return for some cash. One of the problems I see is that there is no confirmation of the announced debt redemption (effective 12-29) and another that the production schedule has a delay. I like the attempts to get JBI listed, but I would like revenue even better. Yet another possible problem is that the number of authorized shares recently was doubled, to 150M. About 60M shares outstanding, of which 25M float. And there seem to be more people working on catalysts.Originally posted by billyjoe View PostKarel,
So it sounds as if you still own some JBII. Doesn't it seem possible that JBII is a scam?
---------------billy
That is taking a very negative stance, however, and all these (possible) problems notwithstanding, I remain in JBII, but I will continue to trim the position back on the way up. My next sell target is 7.90; I will lose money when JBII drops below 2.40. And I am not betting the bank on JBII. Nobody should be.
Regards,
Karel
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Karel,Originally posted by Karel View PostErrm, let us say I prefer virtual frisking.
Rather more on topic: I sold some more JBII at 5.90+.
Regards,
Karel
So it sounds as if you still own some JBII. Doesn't it seem possible that JBII is a scam?
---------------billy
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I have been doing some DD on SKGO. They appear to have a patent! From Google’s cache:
This obviously has come to nothing. Most fuel enhancements are worthless rubbish, and I am amused to see them peddled for stock pumping.
Of course the pumpers at iHub removed this intro message for the new green merger. The merger raises some questions. It is not clear that the other company has revenue. It is not clear what SKGO can bring to the table for the merger, they seem to be an empty shell. This leaves dilution as an option to finance the merger.
The share structure according to the link above is 500M float, 2B restricted and 1.5B not yet issued. I understand that restricted shares may become unrestricted simply at a certain date; a nice moment to cash in. But financial sites like MSN, Yahoo and Reuters have no info on the share structure. It could change any moment with regard to the merger.
SKGO seems to be assisted by Mina Mar/Miro Zecevic. They seem to be experts in the selling of shell companies.
OK, it is possible to make money with such stocks. But why would anyone want to be in on a scam?
Regards,
Karel
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Penny stocks, and sub-penny’s even more, merge like no other. For some it seems to be their main reason for existence. A pending merger may be an excellent opportunity to pump a stock and not much more. Is the pending merger really all you can say about it? And please do not ask me to my do own DD. I am DDing you, not the stocks.Originally posted by Megafauna View PostI'm NOT pumping these stocks. Don't you know how to do DD? SKGO has a merger coming up and will be exploding in price.
Don't you know what happens to a stock when they get involved in a merger? The increase in SKGO is due to anticipation of the merger.
That does not mean I do consider you to be a pump-and-dumper, but your recent actions do raise some danger flags.
Regards,
KarelLast edited by Karel; 01-01-2010, 05:55 PM.
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I'm NOT pumping these stocks. Don't you know how to do DD? SKGO has a merger coming up and will be exploding in price.Originally posted by Karel View PostSorry, but this is rather stupid talk. Why are you pumping these stocks?
Regards,
Karel
Don't you know what happens to a stock when they get involved in a merger? The increase in SKGO is due to anticipation of the merger.
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Did you see how SKGO exploded today? You guys should've gotten in yesterday like I told you.
TDGI will be rocketing next week.
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Guys REMEMBER Rome was not built in a day ........and it did not FALL in one day either LOL! Yes stox selling in fractional part of a cent can make strong gains .......but the gains can disappear faster than they came , and the spread can kill you on those stox!Originally posted by Megafauna View PostLOL! I didn't say it would happen today.
If you buy at these low prices you'll be rich by next week. Just watch and you'll be sorry if you miss out.
Do your own DD on the stocks and you'll see how good they are.
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Well that's why we are here, to bounce ideas around and learn from each other. I will take a look at them. Maybe they will be our next JBII!
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LOL! I didn't say it would happen today.Originally posted by steelman View PostSKGO is down 22%, TDGI is down over 10%. Karel, what do you know about this guy?
If you buy at these low prices you'll be rich by next week. Just watch and you'll be sorry if you miss out.
Do your own DD on the stocks and you'll see how good they are.
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SKGO is down 22%, TDGI is down over 10%. Karel, what do you know about this guy?
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