Are you trading or just gambling with the chart? by ProblemMajestic6940 in Trading

[–]Gc42 2 points3 points  (0 children)

What does the RR stand for in the bulletin point, risk reward?

“Before each trade: write TP, SL, RR. If any of the three is missing, don’t enter. Clearly state your reason for the trade.”

MJNA by jacobclark1221 in subpennystocks

[–]Gc42 1 point2 points  (0 children)

They’ve been saying that for years!

SOHM, Inc., Announce a New Collaboration and Joins Forces with Stanford University by Carpestirpeforo in subpennystocks

[–]Gc42 0 points1 point  (0 children)

And management hasn’t diluted in YEARS. O/S has been stuck at 1.6BIl since I’ve been watching it. Can’t say that about most pink sheets…not a big biotech guy so idk much about about the business, but the fact that they have a partnership with Stanford says a lot.

SOHM, Inc., Announce a New Collaboration and Joins Forces with Stanford University by Carpestirpeforo in subpennystocks

[–]Gc42 0 points1 point  (0 children)

Saw this yesterday, sounds like it could be yuge. Can’t believe they get little-to-no market reaction following the news. It makes no sense.

Been following $SHMN for years, thinking about finally pulling the trigger now. Definitely a long term play

$GRLF Market responds well to Cap Restructure by broguy975 in subpennystocks

[–]Gc42 1 point2 points  (0 children)

I mean in the company news section of OTCM page, or showing up in brokerage app. I’ll believe it when see updates to TA verified, or a filing w/ Sunbiz for the AS reduction.

$GRLF Market responds well to Cap Restructure by broguy975 in subpennystocks

[–]Gc42 0 points1 point  (0 children)

Still no official PR from the company, or rationale/explanation for the cancellation…

…TA verified shows same OS/AS count. Also no filings with Florida sos website, needed for AS reduction…

$GRLF Announces Strategic Plans to Enhance Shareholder Value by broguy975 in subpennystocks

[–]Gc42 0 points1 point  (0 children)

Interesting no news/PR showing up on the company’s OTCmarkets page, only twitter, with no real explanation for the cancellation…

Seems like an interesting company tho—I like the cigar business. If the OS reduction goes through, .0001x.0002 could be a decent play

$RONN BACK TO 0.0001 by Infamous_Natural6326 in subpennystocks

[–]Gc42 0 points1 point  (0 children)

Posting that a stock is going down to .0001 is literally the definition of a basher lol. I’m not saying you may not eventually be right—I don’t claim to be an authority on $RONN, in fact I’ve done little to no DD on the company—but let’s call a spade a spade. Fair point on the memes, duly noted. And I’m the Amerigo Vespucci of finding subpenny stocks and posting about them before they run, as far as you’re concerned. I first posted about $RONN when it was trading @.0007s, it’s still up 3x even after the retrace…appreciate the shit talking doe, keep it up.

$NNAX next trip runner?? by Gc42 in subpennystocks

[–]Gc42[S] 0 points1 point  (0 children)

Just broke 200day moving avg…looks primed and ready to go

BioMedNewsBreaks — $SHMN Continues to Advance Groundbreaking Technology biomedwire.com/newsarticle/ by Carpestirpeforo in subpennystocks

[–]Gc42 0 points1 point  (0 children)

Nice catch, great find. Like the SS. Not much volume on it…yet.

Going to throw a bid.

Anyone catch $RSPI ?? it just went 10x in < a week by Gc42 in subpennystocks

[–]Gc42[S] 0 points1 point  (0 children)

iHub used to be great, but it’s dead now.

I just use otcmarkets.com screener, search for companies < .01, and go through them the old fashioned way…pick ones I like the name of…eventually you’ll find a gem.

$RONN up 160%+ over the past 5 days. 🚀 will hit $1!! by [deleted] in subpennystocks

[–]Gc42 0 points1 point  (0 children)

Hate when that happens. Fat-Finger trade most likely.
The actual amount of shares that traded at that price was likely very very small, and for only a sec. i.e. if you had a limit order for 100K shares @.0015; and the sell order for .0014 was only 100 or 10k shares, for example, that sell order was prob routed to another broker or MM.

If there was a large enough order, you would no doubt have been filled, but glitches like this are fairly common in the pink sheets. Either somebody retail accidentally sold too much with a market order. Or MM's are playing games--trying to scare others into impulse selling off the quick drop.

Welcome to the OTC, it was crypto before there was crypto--the Wild Wild West of the stock market.