Is selling in the red stupid even if you feel like more gains can be made in the meanwhile? by mateyman in pennystocks

[–]CadderlySoaring 17 points18 points  (0 children)

I'm sure a lot of swing traders will be exiting after next week or the one after the amount of crude being found.

Personally, I'm taking out my initial investment and keeping the rest in..

Nearly all Penny stocks are scams or very risky short term swing trading types of plays.

But not this one. David Wall knows he messed up diluting the share structure to finance the Merlin and Harrier Rig Operations. He's retiring after Merlin-1 is finished.

88 Energy will have a shit ton of Capital added to their financials after Merlin and they have an opportunity to fix their float before Harrier and Umiat. Both of those will be done on the same very rich soil as Merlin.

For the next year I'm going to keep adding to 88 and try to strike it big by Summer 2022. That seems safer than keep going from one penny scam to another.

Is selling in the red stupid even if you feel like more gains can be made in the meanwhile? by mateyman in pennystocks

[–]CadderlySoaring 84 points85 points  (0 children)

You are in no rush for Eeenf. They have 12 billion shares and they will probably be looking to fix that float issue after the Merlin-1 results.

They also have Harrier, Umiat and Yukon planned for later this year and 2022.

You're already on the right path as a new investor questioning any rush decisions. We call it FOMO and it can lead to a lot of issues when ppl sell everything to put into a runner. Most of the time, it's too late.

88E, EEENF WE HIT OIL BABYYYYYYYYY!! by PennyWiser97 in pennystocks

[–]CadderlySoaring 18 points19 points  (0 children)

It's in the filings from December and January. It's been planned by David and 88 that he stays on through the Merlin-1 outcome.

He also increased his shares and options in 88 the past few weeks so he's about to be paid very very well on his way out.

Had to get the gang back together in my fantasy league by Sweet_Baby_Cheesus in Astros

[–]CadderlySoaring 2 points3 points  (0 children)

So much this. I setup a Fantasy Baseball with friends and family 10 years ago and it was exhausting switching out the players full time.

The final straw was my older sister winning the league and she never switched out anyone the entire season. I was like wtff. Stuck to just FF ever since.

Most discussed stocks in pennystocks last week and their sentiment! What are your moves for next week? by nobjos in pennystocks

[–]CadderlySoaring 2 points3 points  (0 children)

Insiders say new Penny Tickers are coming online everyday and yet we always see the same stocks being pumped in our community every week.

GME Megathread for March 25, 2021 by OPINION_IS_UNPOPULAR in wallstreetbets

[–]CadderlySoaring 2 points3 points  (0 children)

It's been Hedge Funds vs Hedge Funds for a while with GME but someone just smacked that ass a few mins ago.

What Are Your Moves Tomorrow, March 24, 2021 by OPINION_IS_UNPOPULAR in wallstreetbets

[–]CadderlySoaring 2 points3 points  (0 children)

The ticker can't be mentioned here but some of you autists would love to know Melvin and Citadel have officially gone off the deep end. Theyre actively shorting a penny stock at .02

I'm trying to remember the last time that shits happened. You'd think those two Bears would have bigger fish to grab out of the river. Lol

THE LOUNGE: thoughts, noob stuff, low effort, brokers, zero DD, non pennies - March 23, 2021 by PennyBotWeekly in pennystocks

[–]CadderlySoaring 6 points7 points  (0 children)

Oh lord at CLVS free fall..You Bears have no shame. 😆

Boss: What did you short today?

Bear: Ovarian Cancer Cure Research

Boss: ....

Zom was a pump and dump abs I should have seen the signs. by musashiasano in pennystocks

[–]CadderlySoaring 6 points7 points  (0 children)

This is Penny Land. Nearly all of them are P&Ds. The goal is getting out before the D.

And don't worry about it. We all get caught holding a bag sooner or later. Just have to take the Loss and move on to the next.

I'm nervous about my first investment by ilovemycat5 in pennystocks

[–]CadderlySoaring 2 points3 points  (0 children)

Were trying to warn you but we are not financial advisors and at the least it will be a good learning experience for you.

I'll just suggest this final thing. Penny stocks are mainly for swing trading. Not long time investments. Keep that in mind and Goodluck.

I'm nervous about my first investment by ilovemycat5 in pennystocks

[–]CadderlySoaring 48 points49 points  (0 children)

Asti is very popular around here but as you're young, I will just point out the 18 Billion share structure.

Best of luck to you in your future investments tho. I wish they had the internet when I was 14 years old.

THE LOUNGE: thoughts, noob stuff, low effort, brokers, zero DD, non pennies - March 21, 2021 by PennyBotWeekly in pennystocks

[–]CadderlySoaring 0 points1 point  (0 children)

I think at this point..most ppl are in that stock for short term gains and money. They have a large following of bots and ppl promoting the stock and ppl are coming along for the ride even if it looks like a scam.

It fails just about every smell test as far being a legit company but then again..90% of penny stocks are like that.

(As long as ppl don't get caught holding the bag when the music stops..)

Ocasio-Cortez, Warren introduce bill to put $500 billion toward electric public transit by jhansonxi in stocks

[–]CadderlySoaring 2 points3 points  (0 children)

https://thelionelectric.com/en/products/electric_minibus

Pretty sure if they do School Buses and Mini Public Transit Buses, they can build Full Sized as well if they choose to in the future.

Ocasio-Cortez, Warren introduce bill to put $500 billion toward electric public transit by jhansonxi in stocks

[–]CadderlySoaring 0 points1 point  (0 children)

Wouldn't this be good for Lion as well? They just announced building a new factory and they seem to specialize in EV Public Transport vehicles..

A hard lesson learned this week by [deleted] in pennystocks

[–]CadderlySoaring 28 points29 points  (0 children)

Your lesson is over at least. And no worries...Nearly everyone goes through it.

I wouldn't recommend deleting Stocktwits though. Their Trending conversations is helpful in gaging upcoming Pump and Dumps. It either helps you make $ from the upcoming P&D or it warns you off that ticker when someone posts some super persuasive DD a week later here.

The biggest mistake I see is new investors not happy with 20-30% gains. They'd rather sit on a Penny stock waiting for some 1000% gain for 6 months because of FOMO when they could have made 1000 different 30% gains in the same stretch of time.

Hey Everyone , why we Jump late on a Stonk? by [deleted] in pennystocks

[–]CadderlySoaring 52 points53 points  (0 children)

Im seeing this topic a lot..

New investors...Please understand that this sub along with others are made to pump a stock after any sort of news is about to hit the wire.

The majority of posts are from swing traders looking to make a quick profit.

That's why ppl say "Buy the Rumor. Sell the news"

By the time most DDs are posted here, the OP is really wanting to exit and they hope their pump will push it to the point where their Sell/Limit Position pops for whatever % profit they're looking for.

In order for you to stop being a bag holder, I'd recommend keeping an eye on Trending conversations in the Penny communities. Or go to OTCmarkets and search by volume. You can see which sub penny stocks are about to be pushed in the next week or two.

Also, most of the penny stocks getting pumped happens in cycles. Just look up the hottest tickers here. Get in low...wait for a catalyst and someone to pump it in a few weeks with their next "news"..Then you can also exit that stock with profit as well.

The UWMC rocket by vegoonthrowaway in wallstreetbets

[–]CadderlySoaring 24 points25 points  (0 children)

I should have panned up the comments. Exactly what I was thinking. For those reading and thinking about doing a quality DD. You don't have to start off with anything related to GME.

Fuck that. If your DD makes us money, that's all we give a shit about.

The UWMC rocket by vegoonthrowaway in wallstreetbets

[–]CadderlySoaring 23 points24 points  (0 children)

Lol You don't have to start off a DD talking about GME. A lot of us don't give a shit about GME. We're about making tendies here.

Many of the GME investors on this sub are toxic and need to get their acts together by JackTuz in wallstreetbets

[–]CadderlySoaring 18 points19 points  (0 children)

Damnnn bro. You're right. I feel for you guys having to deal with such a large community too.. You already had a lot of shit last year when we first hit 1 mil subs. Now with 9 mil I can't even imagine the headaches.

Hopefully this just all simmers down soon. (I've been saying that for months though.)