I'm 2500 shares at 0.70 on April 31.
I saw a sandsberry research report and figured I'd take a long position based on the info in the report.
Might add another 1k shares tomorrow, but I want to keep this less than 2% of
my portfolio, but I get the feeling this is a rocket and might push it to 5-7% if this proves to be the real dell.
What do you guys think?
hey madcow: dont you have UNXL too? But i read about it here in DFW. Have office in Southlake which s closeby. I have a feeling they might get bought out. They are very small operation and are right by the big boys. But even if it does not once they produce sure it will be above 1.50 I paid for it.
I picked it up on Investors' Hub on Sunday, saw the geological report on Monday and I liked the way the stock moved up for the last 45 days, very slow and steady. So I bought some on Tuesday AM not ever anticipating the explosion that took place. I sold at 1.83 when it pulled back from the 1.90s, nothing should move that fast absent of real news, a buyout, etc. Every few years I stumble into one of these, way more often than not, they fall as fast as they rise. Don't fall in love and never look back. (hey that's not a bad philosophy for life either , is it?)
This is no scam, don't think of it as a stock, but rather a company; do companies try to advertise/promote their successes and possible future? Do your research, and you will be loaded in less than a year.
I got in at 88 cents not too long ago. I was happy it was going up 1-4 cents a day then it exploded yesterday. I sold half yesterday and was upset it had such a large dump today. Then as I researched more found out about pump promotions and norx paying for promotions in past. Now I am a little concerned obviously. But hopefully it will go back up to highs from today. In your research you mentioned, is it absolutely clear this is a legitimate company? Sure hope so!
The reason the stock recently "exploded" is because a whole lot of people got the same garbage in their mailbox that I just did. These little scam companies pay publishers of penny stock pumpers to do their thing......pump!
I see some people here thinking an 8-k proves something.
All an 8-K is, is a rehashing of a Press Release the company recently put out.
This is a genuine pump and dump, and I'm basing that on the paid pumper (Eric Dany) that's currently working this one.......by his past track record.
A pretty disgusting one.
And the only reason I'm here is because I take it as a personal insult that this pumper has me on his mailing list........thinking I'm stupid enough to get sucked in by him.
Simply ask yourself one simple question.......how did I hear about this stock?
These scam games have been going on since day one, and people keep on getting sucked in, and the scam artists keep on getting away with it.