Sounds good but didn't CNES dilute the crap out of their stock a year ago when they ran out of money?
Posted by jagman925 on :
Can't they un-dilute when they make money?
Posted by jagman925 on :
Volume has picked up a bit.
Posted by The Bigfoot on :
Easier said than done.
I will admit the tech is interesting though. I ran with this stock about 1 1/2 years ago because of that.
Good luck to you.
Posted by jagman925 on :
Thanks. I made about $4000 in one day off this stock a couple years ago.
Just bought a million and a half at $.0001 in case they make a come back.
I'm surprised that they haven't been bought out yet.
Posted by T e x on :
$4,000 day...wow, nice.
That's a good day, in my book.
However, I must caution any newbs reading this that there is no way that this is likely to repeat such performance.
For example, DD QBID, CMKX and many others readily searchable. Quite often, pennies will run astronomically--but rarely repeat.
Just be careful...
Posted by jagman925 on :
True. I wouldn't recommend throwing thousands at this stock, but no sweat on a couple hundred.
CNES has been hitting .0002 quite often lately so it is movable. ...however, not quite enough volume to get out of it after doubling your money. Your sell order will probably expire before it gets filled. i haven't checked the float lately but it usually takes several billion shares traded in one day to get excited about.
Posted by jagman925 on :
At one point in time I actually had 15 mil shares of this stock averaged in at .002
Yes that's .002
I was just about 29k in the red for over a year and it literally made me sick to look at my portfolio on a daily basis, but figured it wasn't worth selling at that point (it was at .0001 at that time)...
I woke up one morning and volume was pouring in pre-market and it ran like the wind all day, then ended up closing at .0017 and I actually held it again overnight...
I sold it all within 15 minutes after the opening the next morning for .0024 (I think it topped out at about .0028)
Recovered all my losses and actually made 6k...true story
Needless to say...I have never put that kind of money in a penny stock since...but I have purchased about 6 mil shares of this in the last week or so at .0001 just because of the volume it's been getting the last couple of weeks...love their technology...don't like the share structure...
Posted by jagman925 on :
Share structure is bugging everyone. I wonder if they are purposely keeping it that way to prevent a buyout until they are in a leveraged position (ie. revenue flows and growing contract base).
Seems like the product would sell it self.
Posted by jagman925 on :
Volume picking up. Some interest stirring.
Posted by jagman925 on :
![[Frown]](frown.gif)