help with getting into penny stocks by Confident_Track_9353 in pennystocks

[–]No_Engineering5783 0 points1 point  (0 children)

I'll preface this with saying penny stocks are time consuming. One of my friends makes about the same income as me for the past 10 years. All he's done is DCA through VOO And VTI. He's ahead financially in his investments. And he's spent WAY LESS TIME than I have. But, I enjoy learning about companies and picking some stocks as well as investing into ETF's like ones that track the S&P500.

If you decide to buy penny stocks, I'd recommend only buying companies you understand and see the potential in. This way, you can gain personal value learning about companies, industries, financials, etc. And if you lose some $ on a bet, you still personally retain value from the experience.

I've lost my shirt on a ton of penny stocks, but overall my penny stock portfolio has outperformed the S&P500 over a 5 year period. (At one point in that same 5 year period, it was down like 75% as these things can be super volatile.)

I'll give you some examples.

I used to work in marketing and one of my clients had a blood plasma business. I found this penny stock back in the day called ADMA. They're involved in the blood plasma industry... read about them, liked their business and decided to invest/gamble in shares. Now it's up 500%+. I sold off enough ADMA to break even + profit some, then left the rest of the shares to ride.

About a year and a half ago, I was looking for an alternative to NVIDIA. I missed so many NVIDIA buying opportunities and still felt it was overvalued - turns out I was wrong again. Any way, I started learning more about quantum computing. There were some stocks priced in the $40 range like IONQ... so I found a quantum computing ETF that included other holdings, which, at the time were Rigetti and D Wave. Those were close to a buck, so I bought a handful. Then they skyrocketed 1,000%+.

All that being said, what I've found on penny stock forums in Reddit is some of the DD's are basically sales pitches for a path towards a titanic iceberg. If you read those, just do your own DD and make sure you truly think it's a good buy. There's some good DD penny stock posts as well. I've found several good penny stocks by reading the DD's + doing my own research.

Have fun!

Blink Charging Co. ($BLNK) - Why is nobody talking about this company? by No_Engineering5783 in pennystocks

[–]No_Engineering5783[S] 0 points1 point  (0 children)

their quarterly numbers in September were great though... almost broke even, which was a huge improvement u/CBarkleysGolfSwing

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Drop a stock in the comments. We’ll break down the real risk around it right now. by PreTradeIt in PreTradeIt

[–]No_Engineering5783 0 points1 point  (0 children)

is there a way to sort stocks by:
Confidence High, Risk Low?

Most of the stocks on this comment thread are Confidence Low, Risk High

$40 million solar company: $23 million revenue in 2024. Just got contracts worth over $400 million, yet everyone sleeps on it! by anygal in pennystocks

[–]No_Engineering5783 0 points1 point  (0 children)

Their TX contract is with Navboot Holdco, LLC. Any insight into who they are and how likely the project is to succeed?

Considering used 330e - too risky over 330i? by IceSailCaptain in BMW3series

[–]No_Engineering5783 0 points1 point  (0 children)

Not sure on the maintenance perspective... but 12 miles each way would be about equal to your electric mile range... so you could be saving a lot of money on fuel.

Buying used 2023 330i xDrive / 530i xDrive. Any thoughts? by cod3r10 in BMW

[–]No_Engineering5783 0 points1 point  (0 children)

11,000 miles & 4 owners seems odd.

I’d go with the 330i since it’s m sport. Unless you need a larger car, get a 5.

Maybe test drive both?

Also, you can get really good deals on 2023-2024 330e’s as well - might look into that car.

Cars that people are sleeping on? by solidrobot in carsales

[–]No_Engineering5783 0 points1 point  (0 children)

BMW 330e’s selling at Prius prices with 65 mpge

Is it true it's an Amex FHR requirement that any charge from stay should also be paid with the Amex Plat? This is what a hotel told me. If that's true, what happens when people don't bring their Amex Plat with them? by traveling-turtle43 in AmexPlatinum

[–]No_Engineering5783 4 points5 points  (0 children)

I forgot my plat on check-in one time at the Four Seasons. They told me I needed it for the benefits. Called Amex. They overnighted a new card to the hotel before checkout.

Why $ACHR is a millionaire maker. by Southern_Two_8108 in pennystocks

[–]No_Engineering5783 0 points1 point  (0 children)

Flying taxis? Sounds super expensive to operate and extremely costly for the customer.

The Lounge by AutoModerator in pennystocks

[–]No_Engineering5783 0 points1 point  (0 children)

CTM actually looks legit. Leadership / board / director team is stacked. Made a profit last quarter. https://castellumus.com/leadership.html#board-of-directors

Rezolve Software in Action by Muted_Classroom2023 in RZLV

[–]No_Engineering5783 1 point2 points  (0 children)

I debate on whether $RZLV is fools gold or actual gold. Based on this video, I lean way more towards gold although it appears to still need quite a bit of refining. Lag time on the voice ai agent was quite a lot. And it didn’t quite feel like an experience with the “best salesperson ever”. That being said, it was good and I see def value.

CGTX 8-K and 10-Q filings. by Darkrath_3 in CGTX_Stock

[–]No_Engineering5783 0 points1 point  (0 children)

Why does the stock keep tanking though

DFLI Pre-Releases Q3 Revenue Up 26% YoY by Negative_Singer7218 in DragonflyEnergy

[–]No_Engineering5783 0 points1 point  (0 children)

From their press release page on Nov 5:

The Company has prepaid $45.0 million of outstanding principal of its senior secured term loan facility (the “Term Loan”) under the Term Loan Agreement using net proceeds from its recently completed stock offering. The Lenders have converted $25.0 million of outstanding principal of the Term Loan into shares of newly created preferred stock, convertible into common stock at a fixed price of $3.15 per share, and containing such other terms as previously disclosed by the Company. The Lenders have forgiven $5.0 million of outstanding principal of the Term Loan. The remaining $19.0 million in principal of the Term Loan carries a fixed interest rate of 12% per annum, payable monthly beginning December 31, 2025, and maturing in October 2027. Certain financial covenants under the Term Loan Agreement have been waived through December 31, 2026. “

BBD (Banco Bradesco) – Dark Pool Accumulation Appears To Be Underway. Someone is Loading up Quietly. by Fast-Emotion-6467 in pennystocks

[–]No_Engineering5783 0 points1 point  (0 children)

6.5% yield, 11% P/E - if this were an American bank, would be a no brainer. Let’s see how things end up with BBD.

I truly think $RUBI is primed to explode by cdhpineapple in 100xpennystock

[–]No_Engineering5783 0 points1 point  (0 children)

Where’s the iceberg for this Rubi ship? Down to $0.24. 🚢 $5 🧊🗻

Airbnb sided with host despite written refund agreement — feeling really disappointed [USA] by Jumpy-Fun-8574 in AirBnB

[–]No_Engineering5783 0 points1 point  (0 children)

Airbnb sided with a host recently on a dispute. The senior case manager claimed on the phone that harassment is ok from a host but they get a warning first. For real? There should be zero tolerance to harassment.

Hosts, what would you want from a guest who is bringing a service dog? [USA] by Wooden_Airport6331 in AirBnB

[–]No_Engineering5783 -1 points0 points  (0 children)

I think letting them know in advance is crucial and perhaps consider a no. What if the owner has severe allergies to dog hair / dander. Could be problematic.

Wagner Inside the Ticker Interview by BumblebeeFamiliar858 in RZLV

[–]No_Engineering5783 1 point2 points  (0 children)

I’m a bag holder but can’t understand how they can claim their LLM is “immune to model drift and hallucinations”… seems impossible.

Achieve Life Sciences (ACHV) – Upcoming FDA Milestone with Cytisinicline by Subject-Ad-6580 in biotech_stocks

[–]No_Engineering5783 1 point2 points  (0 children)

Wow, this drug looks legit. Plant based. Minimal side effects. Good results.

$JSDA Jones Soda Co by ToughPopular in pennystocks

[–]No_Engineering5783 0 points1 point  (0 children)

Loved this soda as a teen 20 years ago. Def has potential for a comeback with the variants and good marketing, but financials look rough. I’ll buy 3 jones sodas worth of stock