The Munchkin Man would like to elicit some opinions from anybody here who would like to provide one
So here goes:
Are there ANY penny stocks, which trade on either the OTB exchange or the pink sheet exchange, that you believe, based upon what you know right now, to be sound long-term holds?
If so, what are they?
And why?
The Munchkin Man will define "long term hold" as the period of time between now and the end of the year.
The Munchkin Man is not asking this question in order to get a list of new stocks to buy.
The Munchkin Man cannot afford any more, and the Munchkin Man's penny stock portfolio is pretty much etched in stone right now.
The Munchkin Man just wants to learn more about what you think.
Thanks in advance.
Good luck to all.
Best Wishes,
Munchkin Man
Posted by Duncan Idaho on :
ITPD
Walmart Health Clinic Contract.
15k strong.
Posted by TalonSin on :
MLXO - They have been in business for over 20 years and are family owned. They have real assets, a real office and make a real product. They got hit with some toxic financing and the share price started to nose dive. They have been able to get over that and secure new financing. They are almost out of it and have started people back to work. If they do pull out they seem to have a good future.
Stay away from any company that does not have a real product. A good example would be WNSH. Always check pinksheets.com before buying any stock. If you see more than one RS in the last few years chances are they are just in business to rape penny investors. Check pinksheets for WNSH, they average 2 RS's per year at 1 to 1000. Thats a fast way to lose your money!
Posted by before_the_crowd on :
CYRO, LBPE, FRXX, CXIA, DSCI, NTRZ..
I dont own all of them...But I follow them closely...EVERY MOVE!!
LBPE is a sleeper....ENERGY COMPANY...I am waiting for a 1000% kindda blast....GOD KNOWS WHEN??? But whenever it happens I will be there!!
Posted by before_the_crowd on :
Forgot to add....CRVU..Good god I love this baby tooo...toooo much....Will hold it for 3 years at least....This would be HUGE!!
Posted by stevo on :
Long term stock! Isnt that an oxymoron like military intelligence?
Posted by fourseven on :
GRSR
Posted by golfman on :
Oh my God you guys dont know of Gameznflix?
You gotta be kidding me not mentioning that.
They sell already more then Netflix does with the movies and GAMEZ.
They also sell books and audiobooks.
Video game sales are going sky high.
GamezNflix should be just as big as Netflix is now. It took Netflix since 1999 to get this big. It didnt happen overnight.
If GamezNflix FINALLY advertises big on TV or other big spots online, they should get a huge amount of subs.
Out of all the penny stocks I follow and track , this is has the most potential out of any I seen.
Posted by Stocktrader20 on :
CHYS- Currently trading at $5.32 You wont find a more solid OTCBB out there, and also Nasdaq listing coming in the very near future. They have acquired C&B, a $244 million company with $80 million profit from the year end 2005. And also Cotton Companies, a $80 million revenue a year company that posted $20 million profit last year also. After these acquisistions, the O/S will be about 50 million and with $100 million in profits, the EPS will be about $2 a share. The stock will likley be trading at $30 a share atleast a year from now. From thier July 10th PR-
Cotton, which provides commercial and residential services nationally and internationally, has eleven U.S. locations (Houston, Austin, Dallas/Ft. Worth, San Antonio, Atlanta, Charlotte, Orlando, Denver, Phoenix, Chicago and Washington, D.C.). It provides services to a wide range of high-value, blue- chip customers such as Home Depot, Marriott, Starwood Hotels and Resorts, The Palm Restaurant, Food Lion, and Sports Authority, among many others. For the twelve months ended April 30, 2006, Cotton generated revenues of approximately $80 million, EBITDA of $20 million and pretax income of approximately $19.3 million. C&B has reported un-audited, gross revenues of $244 million and pretax profit of $80 million for the calendar year ending December 31, 2005.
From thier July 6th PR-
"the trailing twelve-month revenue would have been in excess of $450 million and EBITDA would have surpassed $106 million, had Charys owned these entities during the entire period." Posted by stocktrader22 on :
SLJB
Posted by dakota388 on :
GHLT.PK if the price gets below the $2 range. At 3.+ it is still to expensive. They have future potential but not current earnigs of much. GTEC.OB My favorite. Do DD on this company. It is a real company(I have spoken to staff there in Boca Raton, FL.) They have been having good news with little bad news. When they aquired 2 companies late last year/early this year, their stock hit .51. They are expected to announce up to 5 more aquasitions within the next 6-12 months. I expect this stock to do well. Best of all, they have no debt and are already profitable. There is a lot of other good stuff about this company, so do some research.
Posted by captain america on :
ok ive got one..syte check it out.
Posted by captain america on :
SITESTAR Quick Quote: SYTE 0.07 (+0.01) Sitestar Posts Strong Second Quarter Results 8/15/2006 Company Doubles Net Income, Reduces Current Notes Payable and Sets the Stage for Continued Growth
LYNCHBURG, Va., Aug 15, 2006 (PRIMEZONE via COMTEX News Network) --
Sitestar Corporation (OTCBB:SYTE), a provider of residential and business Internet access and value-added computer services, today announced its financial results for the quarter ended June 30, 2006. Highlights included dramatically increased net income and earnings before interest, taxes, depreciation and amortization (EBITDA) and significantly reduced current notes payable. The company maintained its above industry-average retention rate for its Internet access customers and continued to pursue and qualify target ISPs for acquisition.
Sitestar more than doubled net income for the first six months of 2006, posting $515,343 compared to $227,810 for the same period in 2005. The company's gross revenue for the first six months in 2006 was $2,822,552, representing an increase of $1,241,545 or 78.5 percent compared to the same period in 2005. In addition, net profits increased 75 percent over the first quarter of 2006. Further, Sitestar reported a 108.9 percent EBITDA increase of $574,079 for the 2006 year to date compared to the same period in 2005. Lastly, the company paid down total current notes payable by $610,437 or 50.8 percent from December 31, 2005, underscored by the retirement of debt for its 2005 purchase of the dial-up and residential Internet customer base from Idacomm.
"Sitestar has delivered on its promise to increase net income and EBITDA while servicing debt," said Frank R. Erhartic, Jr., CEO for Sitestar. "We have established a repeatable process through which we can increase our subscriber base through self-funded acquisitions and then retire that debt over a compressed period of time. Given our strong operating efficiency and extremely high customer retention rate, we believe Sitestar generates exceptional value to our current and prospective shareholders."
Sitestar has embarked upon an aggressive campaign in 2006 to grow its business by acquiring ISPs, forming strategic partnerships and reducing customer attrition. The company plans to build upon the momentum of its strong second quarter financial results and recent purchase of the customers of First Net with additional acquisitions in target markets. Sitestar is continuing to market its value-added services such as the SurfBoost(TM) web accelerator to Sitestar dial-up subscribers to increase both customer retention and share-of-wallet.
About Sitestar
Sitestar (http://www.sitestar.com) is an Internet and computer solutions provider that offers narrow and broadband Internet access, Web hosting and design, and other value-added services. The company's customers include residential and commercial accounts throughout the United States and Canada. With a focus on competitive pricing, reliability, service and speed, Sitestar delivers customer value. Sitestar is headquartered in Lynchburg, Va. Its wholly owned subsidiaries include Sitestar.net (http://www.sitestar.net), NetRover, Inc. (http://www.netrover.com), SurfWithUs.Net (http://www.surfwithus.net), Lynchburg.net (http://www.lynchburg.net), Advanced Internet Services (http://www.advi.net), Computers by Design (http://www.computersbydesign.com) and CBD Toner Recharge (http://www.recharge.ne
Posted by Graham Charitable Trust on :
SIRI
Posted by Honesty101 on :
ISON IMO.
Posted by Vinnie on :
Graham, If I would bet on the satellite radio industry (which I dont, they are losing money like crazy) I would bet on XM. By far the most popular satellite radio, stronger balance sheet and chose to go with Opie and Anthony (personal favorites) instead of giving a crapload of money to Howard Stern.
Posted by blanco4444 on :
i believe that you can see a nice return on WRMA within a year check out http://www.wiremedia.com/ Posted by RagingBull on :
l* those picks posted by folks
OK HERE IS MINES
OMR
Posted by Vinnie on :
Golfman, I hate to be the one bashing everybody, but listen;
How can you compare GAMEZNFLIX to netflix, (and saying that they do more sales than netflix) when:
Games will barely make 1 million in revenues this year, and Netflix will do about 200 million in revenue.
Netflix is actually in the black (I know hard to immagine) and Games is losing money like crazy. Their loss is growing at faster pace than their revenues.
Just some food for thought. Thats why you need to do your due diligence.
When I read Golfman's post, I got so excited, almost went to buy a couple of grant worth of stock, but after looking at their financials, well the rest is history.....
Posted by before_the_crowd on :
quote:Originally posted by before_the_crowd: CYRO, LBPE, FRXX, CXIA, DSCI, NTRZ..
I dont own all of them...But I follow them closely...EVERY MOVE!!
LBPE is a sleeper....ENERGY COMPANY...I am waiting for a 1000% kindda blast....GOD KNOWS WHEN??? But whenever it happens I will be there!!
All of the stocks that I had mentioned here went up from the day of the POST... Wow...Hope someone took advantage of NTRZ's run...Scored me more than 33% gains since i picked the stock..
Another one heating up again is SDRG..Last time I bought in 90's and sold in 1.30-1.40 range. This time I am in again at 1.24
My position: Sold DSCI and CXIA CYRO FRXX and NTRZ. Long hold on LBPE
Strong Buy on SDRG...
Good luck with all the trading
Posted by osubucks30 on :
hey OSU good to see you are OK...
Posted by osubucks30 on :
yeah I'm good
Posted by MoneyMoneyMoney on :
RSHN - #1. has patented electrolyte water. Dehydration costs Medicare 1.2billion yearly. #2. has ginseng drink products.
Posted by Fredgrasshopper on :
I'm long term on KSWJ CCGI QBID PXIT CTKH WNSH DDSI I am down at least 60% to 90% on these sweeties. Can't even sell some of these to take a loss. Sad thing is I averaged down on alot of these to just make my losses larger. Bought PDSC a few days ago at .001. Down 30% already. Boy if i could have shorted these much $$$$$. What an idiot! I was up 100% on PDSC and rode it down. Bought CCGI at .0008 now it is .0001. What % loss is that OMG.
Posted by iluvthepennies on :
SLJB
Posted by golfman on :
Your gotta do your DD I think better guy. You have no insight also. And it shows you didn't read anything on the company and its future plans either.
The cost savings for customers is over $100 a year by subscribing to GamezNflix over Netflix.
If you want games you gotta have another sub since Netflix does not rent them.
The video game business is growing at a super fast pace. Every place online I read says the same thing. Rentals should pick up because people can't afford all these new systems and then buying the games for them all.
Netflix has been around since the late 1990's! Of course they are gonna be making more money. What kind of statement is that? We know Gameznflix is in the red still. They better be or something is wrong with Netflix then.
I will predict that Gameznflix will be so big one day that it will be a household name like Netflix is today.
The o/s will take care of itself. The subs will pick up big once they are advertising all over. The tour bus is a HUGE BIG START along with being in 620 CC stores.
They just gotta get the name out there and people will subscribe.
From what I read on these boards you guys rather invest in a FAKE company with no real product or future.
You toss an online game and rental company out the window? You gotta be kidding me. You really think Circuit City would be involved with them for no reason at all when they can choose over 2 dozen other smaller companys?
May I say you are crazy if you do not own this stock. No offense but you can't be serious that this company will not be big.
Posted by lwtebo on :
Really $100 year in savings? I get unlimited monthly rentals, 3 movies at a time from Netflix for $17.99. 3 at a time from Gameznflix is $16.99.
Maybe the company will be HUGE, but I don't see how anyone is going to save $100/year.
Posted by golfman on :
What if a family member wants to rent out games though? I don't know if you play them but most homes now have at least one game system even if they don't have any kids.
Ok so what if you wanna rent games now? Lets use gamefly as an example since its the most well know video game rental site.
It cost $14.95 per month for just 1 game to rent.
So $17.99 a month for Netflix sub, plus $14.95 a month for the video game sub. $32.94 per month. $395.28 per year it would cost.
$16.99 a month for GamezNflix which already has the movies and games. $203.88 per year cost.
YOU SAVE $191.40 PER YEAR IN RENTAL COST. DID I GO SLOW ENOUGH FOR YOU?
AND PEOPLE WON'T BUY THIS STOCK? HA.
Posted by golfman on :
Holy ****zer. Looks like the Gameznflix tour bus is gonna be at over 7 Mcdonalds places on the website schedule.
Yesssssssssssssssssss! future potential.......... it means the sub numbers will pick up huge by the time the next Q comes out.
How many goto Mcdonalds each day in those major citys?
Posted by permanentjaun on :
Be careful golfman, as well as anyone else playing a penny as long-term, even GZFX.
Not all pr's are true. Not all information is released. Major companies deal with pennies, but that doesn't mean success.
Case in point - QBID. QBID had everything going for it. Celebrities signing on, national attention, signing contracts with major companies which included Time Warner, Cox, Dish Network, and other national television providers.
They had a real product, national coverage, celebrities, PR's of progress, contracts with major multi-billion dollar companies, mass market appeal. The list literally goes on forever as to why it was a good company to invest in.
Where is QBID now though? Gone. Mis-managed. Possibly millions of dollars "lost" by the CEO. Everything tore itself apart from fraudulent business practices which were never required the public to be informed of.
No penny stock is worth investing in. If you believe QBID was a special case and it won't happen to your stock, even GZFX, then you're only setting yourself up for defeat. With all that was prime for QBID, how could it have gone wrong?
Don't try to win it all in one swing. Mighty Casey struck out remember?
Posted by Repoman75 on :
Anyone who plays pennies long term will have to use the stock certs as either fire kindling, toilet paper, or wall paper.
Posted by golfman on :
Qbid was garbage guy. How can you compare that stock to GamezNflix? A .00001 cent stock with like 20 trillion shares and no income? It also was a pink sheet stock and most of them are scams.
I told everyone on Yahoo to avoid that stock and I was right.
GamezNflix will be a household name soon enough and the subs will follow big in 2007.
I only play the penny stocks long term. The only way of making money is by finding the next big company. You guys give up too easy on it though.
You may have to buy like 10 penny stocks before you hit on 1 that has a great shot.
I would say GamezNflix is the best potential out of all that I own right now.
Posted by permanentjaun on :
How can you say QBID was garbage after all I just listed? It had national contracts with major cable and satellite providers. Ever heard of Time Warner/Cox/Dish Network to name only a few of the companies they had contracts with?
It was a great company before it was revealed what was happening. That was my point. GZFX is a great company, but you don't know how the company is running. Also, if it is such a great company why has it been in a downtrend for nearly a year? It has had it's spikes, but admit that there are lower lows and lower highs = downtrend. Downtrend even more severe since April.
QBID was a pink sheet yes, but GZFX is a penny stock. I can't say its a scam, but most likely it is not wise to invest long term in any penny irregardless of if it as pink or otc. RSHN is a pink, good product and following, yet it's not out of the pennies yet. There are countless examples of companies with great products, but don't exit the pennies. Just look at all the threads which have thousands of posts. Many haven't found to be scams yet, but they continue to go nowhere close to the levels as promised.
quote:I only play the penny stocks long term. The only way of making money is by finding the next big company. You guys give up too easy on it though.
You may have to buy like 10 penny stocks before you hit on 1 that has a great shot.
I would say GamezNflix is the best potential out of all that I own right now.
I sure hope any newbies reading this will not follow this advice. Over the years you will be hard pressed to find a ratio of 1 in 10 stocks in the pennies that has made it. It's more like 1 in 1000, and how are you supposed to make money with that ratio?
I'll finish this post by noting that you only have 17 posts and only registered last month yet claim to know the only way to make money in the penny market. I hope any newbies will find more experienced posters/players to follow.
Posted by golfman on :
"I sure hope any newbies reading this will not follow this advice. Over the years you will be hard pressed to find a ratio of 1 in 10 stocks in the pennies that has made it. It's more like 1 in 1000, and how are you supposed to make money with that ratio?
I'll finish this post by noting that you only have 17 posts and only registered last month yet claim to know the only way to make money in the penny market. I hope any newbies will find more experienced posters/players to follow."
------------------------------------------------- It depends on who is doing the stock picking. Some of you are probably not as good at it.
Nobody in the US markets here has any patience. This is the same reason why Sirius didn't keep going up. You got a bunch of people who just put monty into it wanting it to hit $20 the next day.
I see most guys on here and other sites just looking for a quick buck in the penny stocks. They chase the scams up and down every day.
I just have a better skill at picking the long term winners then most do.
I hope that at Gameznflix they know what they are doing, but what they offer is far better then Netflix and that is enough reason alone to risk it. It is always the CEO's that make or break the companys, not the product.
Can you imagine if they advertised on a national website one day or TV?
Posted by permanentjaun on :
quote:Can you imagine if they advertised on a national website one day or TV?
You mean like how QBID was mentioned by David Lettermen on national television, or when QBID had a full page ad in USAtoday, or when QBID was a primary sponsor and event at the Sundance Film Festival, or when they signed celebrities that were well known to the gay community as well as a few that were known by the general public?
Pennies are pennies. They're not long term holds. Where do you expect GZFX to go? Up 20,000%? Even then it hasn't broke $1. Major share reconstruction would be needed to move to a different exchange. Who in their right mind would be holding at 20,000% profit? The process of replacing the sellers with buyers to reach those levels would be a long and cumbersome process.
How can you say you're good at picking long term winners? Besides the fact that you've only been here a month and your track record is not proven, GZFX has yet to "make it." As I mentioned, the downtrend has been happening for nearly a year. How much more long term do you want to go? Long term in the penny market is usually only a few days. Ask any of the experienced trades on the boards. Trading pennies and other stocks is about small profits and protecting them.
What would of happened to someone who bought in at the low .007 in march and rode it up to nearly .02? They would have nearly tripled their money. If they "believed" in the company and held from then till now they would now be down over 40% instead of being up nearly 300%. Long term investing in pennies does not work. Take your profits and move on. Protect your profits and limit your losses.
Where is your DD saying GZFX is a long term play? Its all speculation. You can show me all the DD you've done about GZFX having a great product, and I'll show you 20 other companies with equally great products.
quote:I hope that at Gameznflix they know what they are doing, but what they offer is far better then Netflix and that is enough reason alone to risk it. It is always the CEO's that make or break the companys, not the product.
You just contradicted yourself entirely from one sentence to the next. You said it was worth to invest in GZFX simply because their product was better than Netflix. Then you immediately said its not the product but the CEO that makes or breaks the company. I'm sorry, but I think you should reconsider giving advice on stock picks for the time being.
Posted by golfman on :
Guy just be here in 2007 and see where Gameznflix is then and who is right ok?
I will still be here.
Good luck.
Posted by permanentjaun on :
Even if GZFX does make it somehow, it is still much more intelligent to educate oneself on how to read charts and fundamentals so that you can play the swings and take profits. That way even if one doesn't play GZFX they can have the opportunity to play other stocks and earn profits. The power of compounding is much more powerful than straight % gains. Five 20% profits with profits rolled over into the following trades adds up to a lot more than just 100% gained.
Also, GZFX may make it, but where will the stock be? Stocks and their actual companies are very seperate entities. Stocks go up and down. Does Microsoft, the company, lose millions in value from a week to week basis like its stock does? No, only the stock loses value. Again why I reiterate that no matter how well a company may be, the stock does not always follow suit.
Posted by insuranceman on :
CLBE?
I am asking, not telling. This has been a long term for me, for at least a few months. Wondering whether it was just a flash for nothing. No more pennys after this.
Posted by mad tony on :
golfguy, Maybe you can help me...at the end of July I signed up (again) and they only shipped 2 out at a time but I paid for 3-out-at-a-time. So for the 2nd month I changed my plan to 2-out-at-a-time...guess what? Now I'm only getting 1 Posted by Schopenhauers Dog on :
quote:Originally posted by insuranceman: CLBE?
I am asking, not telling. This has been a long term for me, for at least a few months. Wondering whether it was just a flash for nothing. No more pennys after this.
I'm still holding this one. Good long-term.
Posted by golfman on :
I don't subscribe to the service. But people love it from what I read. 24 hour turnaround times.
I would email them and let them know. I think Gameznflix is in that phaze where they are growing so fast and some service may be not 100%.
You gotta remember Netflix was around since 1999 and they have more support staff and more shipping centers.
If you read the reviews on Gameznflix just 1 1/2 ago most were not that great. Now I read mostly 24 hour shipping times only. It should get better as they get bigger.
Posted by mad tony on :
gmon, hmmm, 24 hr turnaround. Wow, that's great! You return one in the mail and within in 24 hrs you get the next one in your mailbox from GZFX.
What's their email address?
Posted by ABEX TRADER on :
Enough with GZFX GOLFMAN! We know you are in love with the issue and that is a big mistake.Never fall in love with any co..
AOOR if it goes to .20 is a strong buy long term.Might not be a penny ,but it will double with any Oil news. Long term it always heads torwards $1 again.
I generaly would not play any Pink or Penny issue again.To much risk!
FONR is another issue which I would follow closely because it will jump in due time.
There are others to follow like BRVO which wil happen in time.
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