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Author Topic: Stocks we lost big on
BT
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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


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kbpkt
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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.

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TradingWizard
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SRCI vanished
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FurrySound
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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.


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kbpkt
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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).]


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jb1183
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IBXG - Bought at .088 and sold at .041 and it is now at .017


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DanG
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VRMD - yuck !!
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BDUBS07
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This is not huge but CYOS went from .032 to .008 fast. I got in at .029 and luckily got out at .019


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50DONE
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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.


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bjay22
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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.
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TeenageTrader
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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...
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realityinc21
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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).]


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CH
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IBZT BURN THE H**L OUT OF ME.
0.045 BOUGHT AND SOLD ON 0.0025

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Bob Frey
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EX = Exide batteries was 60.000 now .00sumthin

MCI = 50+ to o


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futuresobjective
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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

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CH
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iMEAN SOLD @ .0078
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Upside
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Virtually every penny stock I've ever invested in.
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Breezer
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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


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TradingWizard
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...well may be this one will pick up ONE day, GFYF, after split I went from 640 + com to 10 - com....
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rajarammx
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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


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Sgt. of ARMS
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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.


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kguts11
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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


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NoMore925
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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.
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poorman
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CDVJ bought at .014 sitting at .0014 now.
SMMT bought at .0027 now at .0006

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BT
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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?


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pennypinching
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LOST BIG TIME WITH

GWLD/GWAD

DAMN STOCK....MY ADVISE IS TO KEEP AWAY FROM THIS STOCK

------------------
there's always a catch!


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WWJD-thru-me
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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


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Candydish
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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

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ryx10
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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

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Love the Market
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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?


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Love the Market
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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?


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BizSoft
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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


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novocain
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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!


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Candydish
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I cannot get any yahoo mail, messengers etc all day. Is it having problems etc...
CD

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EDDIE138301
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NOVA, send me an email at EDDIE138301@YAHOO.COM and tell me about some good stocks.
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