This should be a fun thread! It can be about a stock that was high and just dropped. Doesn't have to be one you owned.
LOCH - Detected landmines 200meters deep. bought @.12, dropped to .04 fast, did a reverse split, vanished and turned into CDEX.
IFBV - the next coke? Bought @ $1.25 in 2001, hasn't seen daylight since. trading at .16
MFNX - Installed fiberoptics. Was at $17 in January 01 then .74 in July 01' then vanished.
EMCC -In 2001 was at $1.57, 2 weeks later .54, now .04.
BIKO - Was .04 now .0008
Posted by kbpkt on :
I bought BPUR back at $7.25, I got rid of it at about $2.00, I think its trtading around .80 right now. That was my biggest loss. I also lost quite a bit on TSBB lately.
Posted by TradingWizard on :
SRCI vanished
Posted by FurrySound on :
Bought MEMI before the Reverse Split. Have 11 shares now @ .0006 ... On the bright side, the next reverse split should clean them out of my account
------------------ FurrySound -DD-GLTA-Unless I've quoted a source, I know not what I speak of.
Posted by kbpkt on :
My Aunt and Uncle bought KMART when it was at $15 and lost their entire investment when KMART went bankrupt and discontinued their shares. The kicker was that KMART remerged from bankruptcy pretty quick and reissued new shares, but all the old shareholders lost their entire investment.
[This message has been edited by kbpkt (edited July 16, 2004).]
Posted by jb1183 on :
IBXG - Bought at .088 and sold at .041 and it is now at .017
Posted by DanG on :
VRMD - yuck !!
Posted by BDUBS07 on :
This is not huge but CYOS went from .032 to .008 fast. I got in at .029 and luckily got out at .019
Posted by 50DONE on :
quote:Originally posted by BDUBS07: This is not huge but CYOS went from .032 to .008 fast. I got in at .029 and luckily got out at .019
Well, I got in at .029 too. Then I decided to marry it (ooops) and I am still holding it. Decided not to divorce and hoping the spark in this relationship will come back.
Posted by bjay22 on :
TSBB- Thought I'd caught the bottom, but down it continued, I kept averaging down but it kept falling. LOL, it's true when they say "Never catch a falling knife." Eventually, I sold and took the loss (certain with my luck it would now run big). Glad I'm rid of it - because it is much lower than what I sold for.
Posted by TeenageTrader on :
PACC/PCCL - Bought when it was PACC at .10, then did a reverse split, change to PCCL and went to below .01, I think my shares are worth about .30 now...
Posted by realityinc21 on :
BOOTS AND COOTS (WEL)
MY PUNISHMENT FOR WISHING THERE WERE MORE OIL FIRES TO PUT OUT IN IRAQ...WHAT ONLY SEVEN FIRES.......
MORE PUNISHMENT WISHING FOR MORE OIL FIRES IN ALASKA.........
ALL SUB-BLIMINAL THOUGHTS.
MADE MONEY AT FIRST...GOT GREEDY. FELL IN LOVE...GOT MARRIED.....REVERSE SPLIT....
NOW I JUST TRY TO FORGET THAT I STILL OWN IT. A LOT OF IT. I OWN MORE THAN THE AVERAGE DAILY TRADED SHARES.
I AM WAITING FOR TERRORIST TO HIT KANSAS OIL FIELDS....LOL JOKE
I PUT A SELL ORDER IN FOR 3.00--WHICH IS MY BREAK EVEN POINT AND MOVED IT TO E-TRADE ACCOUNT--SO I DON'T HAVE TO LOOK AT IT.
OUTTA SIGHT----OUTTA MIND
LOL
------------------ DIANA
[This message has been edited by realityinc21 (edited July 16, 2004).]
Posted by CH on :
IBZT BURN THE H**L OUT OF ME. 0.045 BOUGHT AND SOLD ON 0.0025
Posted by Bob Frey on :
EX = Exide batteries was 60.000 now .00sumthin
MCI = 50+ to o
Posted by futuresobjective on :
not me... got out before the drops... but a lot of people are trying to average down in cmkx and qbid... did lose some in nagl or nalg... cant recall which it was right now... currently averageing down in tfct from 0.128
Posted by CH on :
iMEAN SOLD @ .0078
Posted by Upside on :
Virtually every penny stock I've ever invested in. Posted by Breezer on :
quote:Originally posted by BDUBS07: This is not huge but CYOS went from .032 to .008 fast. I got in at .029 and luckily got out at .019
similar story
Posted by TradingWizard on :
...well may be this one will pick up ONE day, GFYF, after split I went from 640 + com to 10 - com....
Posted by rajarammx on :
quote:Originally posted by CH: IBZT BURN THE H**L OUT OF ME. 0.045 BOUGHT AND SOLD ON 0.0025
IBZT never went down to 0.0025
My burned stocks...
WNMI THTHF IVHO GFYI USCI (Hoping a turnaround)
------------------ GLTA
Raja
Always do your DD before Investing or Daytrading
Posted by Sgt. of ARMS on :
I am still holding both tall and cyos after getting in at .031 on each. Also losing on tsbb but I have faith that tsbb will take off soon.
------------------ This is the Sgt. of ARMS saying good day and GOD BLESS all.
Posted by kguts11 on :
I didn't see any mention of AFRC/AFRR/AFRT. I didn't have a large investment in it, but if I sell what I have left after the split and dive, it will only cover about 3% of my commission.
Also hoping for turnaround on USCI, but still unable to get a hold of an actual person from the company.
Kev
Posted by NoMore925 on :
Bought Warning (WNMI) the monday morning after it was featured on tv's Faking It. Thought for sure it would pop because so many people, including myself, were excited over the exposure. That's what I get for buying at the opening bell (mistake number one)!! Bought in at .021 and have been holding ever since (mistake number two). Hopefully the next 10Q will be decent enough to put a rise in the pps. And, don't even get me started on PAVP/CDVJ, lost a bundle at first on that but have made it all back with some stressful flipping.
Posted by poorman on :
CDVJ bought at .014 sitting at .0014 now. SMMT bought at .0027 now at .0006
Posted by BT on :
Wow. Amazing to hear these stories. Sometimes it can make someone else feel a little comfortable being in the same boat.
Now let me ask you, because I have never seen it happen, sadly.
HAVE ANY OF YOU SEEN A STOCK GO BACK TO ITS HIGHS AFTER DROPPING SO FAR DOWN?
Posted by pennypinching on :
LOST BIG TIME WITH
GWLD/GWAD
DAMN STOCK....MY ADVISE IS TO KEEP AWAY FROM THIS STOCK
------------------ there's always a catch!
Posted by WWJD-thru-me on :
Hi, Where to begin, so many to choose from. I bought LOCH and the first post was loch at .12. I had LOCH at $1.00. I had it at .50 and didn't sell, I bought more. That was when they demonstrated their technology on the Capital steps and some Senator really liked them. The whole thing was apparently a scam taking in the Senator and me. I also had IFTA/IFTP Infotopia-they kept releasing PR's about how much money they were making all the while apparently diluting the daylights out of the stock. I didn't have a clue back then and the pennies were really running big about 4 years ago. They had supposedly fixed the naked shorting back then and that along with the still monied stock market made the penny stocks fly.
Right now I think a lot of the low prices we are seeing are artificial and related to Naked Shorting. I did sell a bunch of stocks at a loss when I saw the relentless selling pressure-like TSBB-looks to be a good company, have made some money on it in the past. I bought some more and saw that selling pressure again and sold it. I have tried to catch the falling knife with that one every once in a while and get out if it isn't going my way. I don't think anyone can win against a group of Naked Shorters except in court. If the Naked shorting problem gets fixed man of these stocks that will soon be .0001-.0025 should all pop back to a proper valuation; so I do plan on swooping in and grabbing lots soon. I am hoping that CMKX is going to put a serious hurt on some naked shorts and may help bring about a change in the market. -Debi
Posted by Candydish on :
I think... it was ChrisNC that bought QBID at the .0001 and ended up selling for a profit of $400,000!!!! That gives me faith that it can happen. Holding some of my first ones that did OK, but I didn't know when to get the heck out: APBH, ADVC, SEIH... hohum, what's a girls to do with those except look at them everyday. Good plays/bank/freebies with ONEV (no freebies with ONEV), CMKX, Qbid, LSTA, TSBB, LEEP. Love my KARE (buying more), MLON (freebies and buying more), ARII, TFCT, TSBB. Then I have the stuff like TZOO, EBay, TSO, PSYS, and some others elsewhere so I don't always see them or I'd prob be trading those away . CD
Posted by ryx10 on :
lost on ibxg,amaf,pacc,cdvj,itdj,kmrt(biggest scam), mfnx, gave up quality stocks such as xybr,smsi,cirt for this crap hoping tfct will get going
Posted by Love the Market on :
rajarammx: IBZT was in the .002 range last Oct-Nov. when they said VKB wouldn't be out before Christmas. Then it ran on CNBC news rumors, and exploded AFTER it was on TV everywhere and CES in Jan; and hit .08 and .075 twice. apparently you got in higher than .01 - .02 range?
Posted by Love the Market on :
rajarammx: IBZT was in the .002 range last Oct-Nov. when they said VKB wouldn't be out before Christmas. Then it ran on CNBC news rumors, and exploded AFTER it was on TV everywhere and CES in Jan; and hit .08 and .075 twice. apparently you got in higher than .01 - .02 range?
Posted by BizSoft on :
I have lost 80% value in GFYF/GFYI, no end in sight, given up on this stock.
Lost on BIBI and THTHF expecting turnaround.
lost on ACSH (holding), NNCO (taken loss and sold)
Not gained any money yet on penny stocks
Posted by novocain on :
For those of you that have lost a lot of money or have not gained ANY on pennies... send me a yahoo IM at ikanbeatu and we can talk. I know of some really solid picks coming that people can play for 20 - 30% profits for next week..
Good luck all cyos my biggest loser hahaha and ctkh!
Posted by Candydish on :
I cannot get any yahoo mail, messengers etc all day. Is it having problems etc... CD
Posted by EDDIE138301 on :
NOVA, send me an email at EDDIE138301@YAHOO.COM and tell me about some good stocks.
Posted by chshore on :
I lost big on ADVK. Bought in at .19 still holding at .02, i should of sold a very long time ago.
Posted by pennykid on :
TeenageTrader Member posted July 16, 2004 14:45 -------------------------------------------------------------------------------- PACC/PCCL - Bought when it was PACC at .10, then did a reverse split, change to PCCL and went to below .01, I think my shares are worth about .30 now...
Actually it's worth .002 TeenageTrader
I bought the stupid stock at .018 now it's .002 luckily i only put in $80 it's now a 90.24% loss for me if i were to sell I would have to pay in $2 for the transaction I also lost money on Prim,usci,nflx,and currently Qbid but hopefully the price will rebound me back to greensville if there is any positve pr. Market Value: $3,352.93 (-$1,906.08 / -36.24%) this is where i stand becase most of my money is in Qbid at an average buy price of .0114
If you guys want to get some money back invest into HCCF and MLON you guys should see the pr's HCCF has they could see up to 20X on price if they keep it up i invested at .2 now at .85 and still climbing
Posted by Candydish on :
I guess yahoo mail is still down cause I cannot get it to come up. Would you please send info to (take out the spaces. I space to keep down the web crawlers from sending junk mail) b brown 913 @ safe-mail .net Thank you!! Candydish
quote:Originally posted by novocain: For those of you that have lost a lot of money or have not gained ANY on pennies... send me a yahoo IM at ikanbeatu and we can talk. I know of some really solid picks coming that people can play for 20 - 30% profits for next week..
Good luck all cyos my biggest loser hahaha and ctkh!
Posted by novocain on :
Candy... I sent you a message did you get it ok?
Posted by Rics1997 on :
SSWH - still have unfortunately, hopefully will come back. AFRR - first sub-penny lost half my penny account on that one and still here.
Rick
Posted by Rics1997 on :
Broke even with USCI before downturn. Just lost commission. I really think this is going to be another SCRI. No one has heard from the company since Feb and I think they went under. And if you don't think a folded company can't continue to trade believe me they can.
Really burnt by AtHome. I still own shares and they went bankrupt and sold all there assets in 1999 but still listed in my ameritrade account. There just haunting me. But saying that the stock still traded for two years after they went under.
Rick
Posted by rajarammx on :
quote:Originally posted by Love the Market: rajarammx: IBZT was in the .002 range last Oct-Nov. when they said VKB wouldn't be out before Christmas. Then it ran on CNBC news rumors, and exploded AFTER it was on TV everywhere and CES in Jan; and hit .08 and .075 twice. apparently you got in higher than .01 - .02 range?
I guess I bought in right before the 0.002x range run.....
------------------ GLTA
Raja
Always do your DD before Investing or Daytrading
[This message has been edited by rajarammx (edited July 18, 2004).]
Posted by platapuss on :
My biggest lost which almost distroyed me fianancially was back in 2000-2001 on O2wireless (OTWO). I had just started Investing because I had received a large some of money and had mad a few good trades. But of course back then almost anything you invested in was going to rise. But then the bubble busted and I was caught holding $84K in OTWO. It went from $21 down to $5 then back to $13, so I kept holding then the bottom dropped and I eventually sold at $1.08/share. That hurt big time, but I am over it and I have learned alot in the past four years and plan on making all that back plus some. Happy Trading!
------------------ My future so bright...I gotta wear shades!
The Platman
Posted by jimbo on :
Lost big on CYKY bought @ .175 sold @ .055 (wishing/hoping it would of came back up) now trading @ .025
Loosing big on VRMD bougt @ .048 now trading @ .008 *Too much lost to get out now
Man you gotta love the pinks
------------------
Jimbo...
Posted by Candydish on :
quote:Originally posted by novocain: Candy... I sent you a message did you get it ok?
Yes, thank you!! I sent one back. CD
Posted by reno11 on :
INTD, got out at .67 in at 1.32. Now at .4 something. About to get out of ARTG @ less then a dollar, in @1.27, no patience.
Posted by bill1352 on :
PCCL...in at .0063, averaged down to .0043, gave up the ghost at .0012
Posted by BizSoft on :
I have sent you an invite on the messanger today
quote:Originally posted by novocain: For those of you that have lost a lot of money or have not gained ANY on pennies... send me a yahoo IM at ikanbeatu and we can talk. I know of some really solid picks coming that people can play for 20 - 30% profits for next week..
Good luck all cyos my biggest loser hahaha and ctkh!
Posted by tahoechris on :
lost on cyos, ohna, and ibzt, still holding all 3 Posted by suzainiee on :
NNOS, now hovering between .02 and 03. They have had some of the shorting type problems and finally settled a lawsuit. They have a great affordable product (software) that utilizes MRI machines. In other words--spend $100,000+ or 1.3 million. With so many countries trying to upgrade medical equipment (perhaps buying used MRI machines) the potential is great. They sell and service. Since I didn't sink alot into, I think I will stay put on this one. At this moment--I'm losing.
