Post by
slowandeasy on Jan 08, 2021 5:46pm
Thoughts on penny stocks.
Yes risky.
I have the following reasons. Really would like all kinds of input here neg. and pos... I live for that. I make more with two sides of a coin than one. Oh, and I know Market cap is already calculated with outstanding shares. Just one of those things I have been watching.
OPTI - Don't like their market cap. vs. outstanding shares but they sell product and keep inventing. Globalizing seems to be in their blood. Excellent sterilizing equipment. People have used and praise the product line. Love the products. Forward looking products. Expanding line. Seems like a good team behind it.
CTYX- better on the market cap. vs. outstanding shares. Team is inventive and wants to grow. Rare diseases awesome. They certainly mean well. I hope for them. Always a need. Lately and strangely creeping up with no news of any kind. Low chat. Insider trading maybe? Again, I hope for them. Nice patent rights.
THRBF- better Market cap. vs. outstanding shares. Cold sores and covid. People love product. Globlal hook up coming. Management seems aggressive. Forward looking products. Sales.
DTMFX- Sales, mergers, global, huge potential. Great Ideas and implementation. AI Management.
KMPH- There going to be huge if they hit the finalization of the ADHD med. in March. Unfortunely they reversed split on me 16:1. Should have sold and bought back. I will make money either way.
NXO- No sales. They are the future of many AI verticals and downloadable software. Management is hooking up with all the right people. I like even the tidbits of news. Fun to watch where they are going. I would love to be a part of their future: IF THEY HAVE ONE. If they hit it will be big. RISKY but fun. Best company social posting (this site) for learning.
That's how I look at my penny stocks. I am interested in the product first. Second,I look at the management check and analyze the charts. Third SALES or NO SALES, 4th future product potential. 5th which stock markets. 6th business relationships 7th social media thoughts 7th only sometimes analysts- (they suck).
I keep listening reading. Very careful to have gains bigger than losses. I guess most of all I love the challenge. Any thoughts? I consider every comment.
Comment by
slowandeasy on Jan 08, 2021 5:54pm
Oh, and I forgot to mention volume. I keep a close eye on that.