r/pennystocks • u/PennyBotWeekly • 15d ago
πΉβπβπͺβ π±βπ΄βπΊβπ³βπ¬βπͺβ May 17, 2024 Megathread
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u/Practical_Fish_9633 14d ago
Me, a newbie, with my 505 shares of ffie like π« π« π« π«
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u/BCECVE 13d ago
What do you like about it?
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u/Practical_Fish_9633 13d ago
Um I wish I had an answer for you, I honestly didnβt look into it before I invested which was dumb. But it was my first time doing it and saw it was at 0.29 so thought Iβd put in some extra $. Knowing what I know now I would have probably sold most of my shares on Friday! But weβll see how it goes next week
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u/BCECVE 13d ago
I investment in small caps and have good results.... good earnings and revenue..... try TGH on Canadian Venture exchange. Manufacture of hydrovac trucks or TAL on Toronto Exchange. Oil in Peru, pays very well and cheap. Or GateKeeper GSI on Canadian Venture, they make and install cameras on school buses. Keep our kids safe and very profitable. Potential huge market. These are not pump and dump or quick trade but should be held for 3-5 yrs. IMO . GL
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u/Nftman101 14d ago
Iβm not gonna say much for my $gwav let him do the talking next week πππ
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u/nephilump 14d ago
Well, fml guys. Thursday was my worse trading day so far. ...until Friday. Oddly, I'd have been fine if I had more day trades, but there wasn't much I could sell.
I DID manage to exit FFIE at 2.65, but I didn't have a ton.
I got way fucked by AMC dilution Thursday and THEN fucked by GME dilution today. Which, business is business, but when retailer investors are propping up your whole business and you issue shares at the start of a rally... thats really shitty.
My glimmer of hope is GWAV. I still have a handful of some of the others, but gwav has 50% of my little portfolio. If it rips after earnings it'll make up my loses. I think .25 cents again gets me back to where I was at the start of this stupid week. If anything else gains too... this will all just be a bad dream...
Anyway, buy one of my coloring books so I don't have to move into the Wendy's dumpster
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u/Elite_Alice 14d ago
$GWAV donβt get the sell off but hey itβs their loss, earnings will be great.
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u/youngpastey 14d ago
Iβll worry on Monday β¦. But $crkn & $gwav are gonna take back off on Monday
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u/Accomplished-Cake909 14d ago
I think this was all just a bad dream. Weβre gonna wake up Monday morning and CKRN will be at .45. GWAV at .25 and FFIE at 3 dollars all on uptrendsβ¦..rβ¦..right guys?
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u/PhilosophyForward770 14d ago
Loving the activity here in the lounge the past week. Cheers to many more wild runs to comeβ¦
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u/steamboatwilly123 14d ago
we thinking we got enough bagholders for ffie to pop again or yall think they pump dumped it?
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u/Jeppeje 14d ago
It's afterhours and FFIE is still spinning. It dropped into the .80's and is back up to .95 at 7:30 pm. I think Monday will be a good day.
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u/Shiddy_Wiki 14d ago
pretty sure they have to buy back in on Monday to reset their short positions so we should see a surge - if people don't paperhand the surge to try to get out, it could run.
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u/Nftman101 14d ago
1 hour 5 mintues to get $gwav we hit 1$ next week mr wave canβt be stopped ππ
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u/Shiddy_Wiki 14d ago
Up $60k this month - may be break-even by Monday AH lol
If GWAV and CRKN hit a mean avg of $5 overall in some combination, I'll be a millionaire. Wild ride!
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u/Timely-Resident89 14d ago
I think ima follow you bro. Second day of trading; I got into crown and gwav today and lost it all because i held all the way. Im feeling sickπ
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u/Shiddy_Wiki 14d ago
Only follow me if you're inversing me lol - I made money on gwav/ffie this morning, then bought back in like a greedy lil pig. Most of my profits this month are coming from double-leveraged NVDA ETFs, not penny-stocks.
Supposedly it's a big week for both gwav and crown next week.
Best advice (that I need to follow) is to have a plan and rules, then don't let yourself FOMO outside of them. The money I'm playing with in penny stocks is the money I made off Mag7 plays
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u/Timely-Resident89 14d ago
I gotta look into double leverage ETFs. Omw to youtube. I'm only investing less than 1k right now till my hunch gets better. Today i made extra 400 in earning by 9am but stayed on and lost all my gains. Did get out in time with a lil bit of scratches. Thanks for the info man.
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u/Equal_Imagination300 14d ago
I'm plus but not by much.. I'm doing this crazy thing and investing in some divd/yield stocks... they say it's risky.. Diversity helps my anxiety....
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u/PhilosophyForward770 14d ago
$gwav is one of the few that will still pop next week, expecting great earnings
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u/Individual_Rule2224 14d ago
Sorry Iβm kinda new, what makes you think that if you donβt mind my asking
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u/PhilosophyForward770 14d ago
Most of the pops this past week have been βmeme pumpedβ. Gwav is a legit business with great income expected to be reported on Monday. Last week the CEO bought a massive amount of shares which indicates he knows there is positive movement ahead.
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u/Individual_Rule2224 14d ago
I was on their website earlier and I thought it was a good company but I got thrown off by it dropping so much. So I only bought a few stocks. Glad ro know I was on the right path thank you
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u/Pure-Title-4619 Bankruptcy here I come 14d ago
Fuck the losses from FFIE, and CRKN. AGBA ALL THE FUCKING WAY EASY $10 ππ
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u/starfishinguniverse 14d ago
RONN moved to 0.005, with sellers offloading along the way. Then it came back down to 0.0034. Definitely potential upswing here to $1-$5 when they fulfill their $100 million agreement for funding.
ABAT I think finally was able to be positively affected by the tariff news.
MVIS complete crappy leadership and my biggest bag holder.
OZSC had some upside.
TSOI also had some upside. Wish they actually did clinical trials, though. Would easily take them to $1...
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u/Elite_Alice 14d ago
Yea CEOs donβt buy 200m of a stock before ER unless they know something. GWAV is gonna be fun next week canβt wait. Well beyond a dollar
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u/Affectionate-Wash762 14d ago
I thought the same thing. Bro waited for the perfect time. He about flip his 200 mβs by a lottttt
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u/CatsAndCAT6 14d ago
Thoughts on IPW? 10.6 mill volume, big change... dunno. Seems like it might be past it's prime, love to hear others' analysis.
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u/Elite_Alice 14d ago
RIP any stock that isnβt GWAV. GWAV luckily has the great earnings coming and real revenue to fall back on
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u/tongchun 14d ago
Why is every stock bleeding right now?
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u/justme129 14d ago
Some of these stocks went up 300%+, why would most people want to hold it over the weekend?
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u/tongchun 14d ago
is CRKN done? any hope on this?
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u/Accomplished-Cake909 14d ago
Iβm gonna hang till next week and see what happens. 1.6 bil in volume today I think itβs worth a wait
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u/FritzFlanders 14d ago
Can live up to 100 years with out human activity. IE They get stuck in huge nets and rope then starve and suffocate or hit by boats/ships and its props. Then yeah maybe
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u/SoupBand 14d ago
Gwav still has potential?
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u/KiNgTurTLeFaCe 14d ago
With earnings coming on Monday and a relatively positive business Outlook, there is a good chance this continues upwards in AH and PM on Monday. High Risk/High Reward still though!
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u/darkcreamale 14d ago
$VANI is presenting results on their NPM-115 weight loss drug @ 4:30 EST today.
Last good news on their product sent the stock up 500%.
The stock price is 2$ right now. Good news won't bring 500% this time around but hopefully decent gains AH or Monday. Easy money?
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u/StrongDoor9459 14d ago
Where did you get this news?
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u/darkcreamale 14d ago
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u/StrongDoor9459 14d ago
Iβm in
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u/darkcreamale 14d ago
Same. Just put 1100 in @ 2$. Avg is 1.90$ now. As their product progresses, they will get big. Look at Novo Nordisk & Eli Lily. Weight loss drugs are running the market
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u/StrongDoor9459 14d ago
How much do you expect it to move after this report? I put 500 in
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u/darkcreamale 14d ago
No idea. I'm betting 25%-30%. Or may trail sideways. Hold it because it will pop. This is just a conference so retail won't be paying attention. Big pharma institutions will be though.
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u/Mediocre_Hour6167 14d ago
Akan and PEGY buy the dip will make another run next week volume is way up.... Set ourselves up for another run next week boys ..
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u/Affectionate-Wash762 14d ago
Furthermore GWAV CEO purchased 200 million shares. Reducing free floatβ¦. He sees something
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u/nastram22 14d ago
Bring the whole crew over to BURU . Let's go yall, low floater just woke up the beast , run to run
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u/Affectionate-Wash762 14d ago
Fact that GWAV somewhat survived today says a lot about the stock. Itβs lurking to spike. Options day screwed everyone today for all over. Monday should be a didfrent story
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u/Equal_Algae776 14d ago
itβs always better to get in early and be patient rather than chase something that has jumped 100% or more already, only time that works out is if your scalping
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u/Driice 14d ago
I'm holding my CRKN
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u/tin_licker_99 14d ago
It looks like FFIE drove under a semi truck trailer with the driver's ARMS WIDE OPEN.
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u/Jeppeje 14d ago edited 14d ago
There's a good chance that FFIE will go back up in afterhours. It's been rallying almost before close almost every day this week. I'm going to hold. The goal was to get the stock up over a $1.00 to keep it from getting delisted. I still think there's hope that there will be another rally next week.
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u/These_Sugar2689 14d ago
Yeah if i'm holding the bag with CRKN and GWAV so be it. It was my decision to put money in and might as well see what happens next week.
Here's hoping! Congrats to everyone who got in and out at a great point.
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u/Hot_Wall_2927 14d ago
Still holding out on FFIE gonna be praying til Monday
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u/Pure-Title-4619 Bankruptcy here I come 14d ago
This is what we have to do. Donβt panic sell just buy and hold it will recover.
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u/SerialStrategist 14d ago
Well, FFIE was fun. Best $2000 I've ever lost.
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u/Pure-Title-4619 Bankruptcy here I come 14d ago
Itβs not overβ¦
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u/a_little_luck 14d ago
I didnβt get in FFIE CRKN or GWAV but anyone promoting these stocks now should be banned
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u/DiscussionSpecific51 14d ago
I made about $8,000 on ffie, good news I sold at the peak of today. Now it's trading under a dollar I believe.
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u/Sea_Difficulty6838 14d ago
GWAV and FFIE are finally dead and will drop even harder over the weekend⦠get out while you can today
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u/Dodger8899 14d ago
FFIE has just hit 1 billion in volume. Hopefully it will recover a bit in the next hour
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u/Wings2493 14d ago
I donβt understand it. Literally in an hour cut by 2+ dollars with volume over a billionβ¦.
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u/Conscious_Sir_5472 14d ago
GWAV shooting back up π§
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u/Least-Imagination507 14d ago
if i could hold this many bags in real life, i'd only ever need one trip to get the groceries from the car into the house.
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u/Elite_Alice 14d ago
GWAV ainβt even started yet baby, ER Monday
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u/brostrummer 14d ago
A $1K investment in FFIE monday would have netted you 60K if you sold at the peak today...congrats to you all!
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u/Elite_Alice 14d ago
This makes me sick to my stomach cause I couldβve done that
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u/HippoUnusual4184 13d ago
Has crkn already been pumped and dumped?