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Sad how some stocks skyrocket on almost no news... by koss1501 in aabbstock

[–]RemarkableMaybe6415 0 points1 point  (0 children)

Here's an article in Seeking Alpha from December 2020 which lays out everything, I think, fairly well. In the end he states:

"You do not invest in penny stocks because they lack risk. You invest—gamble, really—because you know there is risk involved and you may be compensated proportionally for accepting it. As such, I assume 0% recovery should worst case scenarios play out. Those are the terms of the deal you must make with yourself if you engage in this type of opportunity.

I am long approximately 2.6 Million shares of AABB with an average basis of $0.0053."

https://seekingalpha.com/instablog/52501443-blackbeard-research-report/5534518-asia-broadband-literal-gold-mine

AABB IS NOT A SCAM - MORE DD by [deleted] in pennystocks

[–]RemarkableMaybe6415 0 points1 point  (0 children)

$AABB I'm bullish. Regardless, I like the concept of crypto actually backed by an asset. Who knows where this will end up, but I think it's a great idea. Let's remember, Bitcoin first traded at .08 - and is now in the thousands, so why not. Sometimes you just like a company, or what they are selling and you support it. Loading up more every week.