posted
Hi, I am new to this board and I am a 26 yr old college student in FloridaI am looking to gamble in some .0001 stocks.I love these kind because it gives me a rush and everytime the stock moves I get a double.I really need a list though of about 100 recently traded .0001 stocks preferably with nice volume and recently reported news.Also preferably new companies.I have such a hard time finding these type of companies.I know I am probably asking alot but hey I know they are out there.currently vested in CWMF,UNQT,CMKX,PCCR, please help me find some new ones I have no idea where to find them.I am looking to put like 3 k into a nice one.also what are your ideas about buying at .0001 or is .0002 better?
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personally i dont even touch anythingthing below .0010 its just not worth it .. like buytex said if you happen to get in at .0001 witch is very hard to do in the first place .. how are you going to sell at .0002 unless a group trys to play it ? and asking for companys with news ... if the stock has had news and it is still at .0001 its a death trap save your money and invest into a runner or something with potential. and for a stock that is a new company ... your not going to find a new company at .0001 just because most ceos wont want to start there stock that low because the market of investers that actually invest in a stock that is at that price compared to a stock at .01 range is alot less.
sorry i couldent be of more help but do your self a favor and save your money and invest in a real company !!!
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Come on though CMKX. 703 billion shares. Thats not a thrill. At least if your looking for a .0001 stock look for a shell. If they already have a business and are at .0001 there is something seriously wrong with it. And even for sub-penny stocks, if the o/s is over 30 billion it will never move again.
-------------------- Learn the hard way with pennies
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Brian they are all right. Why throw away 3 grand like that? If you really want to throw away your money, PM me and I'll give you my address.
CWMF will probably be a good play next week if you don't hold out for unrealistic gains.
PCCR has a horible history. It's about time for the next reverse split and name change.
I don't know much about UNQT and CMKX.
.0001 stocks are trading at the very bottom for a reason. It is very difficult to make any money from one unless you are EXTREMELY lucky. Even if you buy in at .0001 and the stock price goes up to .0002 the bid (what people are willing to pay) is still going to be at .0001. The stock price will need to hit .0003 before you can sell at .0002. Even if the price hits .0003, someone else's trade will go through and bring it right back to .0002 before you even realize that it was at .0003. Odds are that your money will sit there forever waiting and your chances of seeing a profit get slimmer and slimmer as the company dilutes billions of shares to stay afloat AND that's if you're lucky enough that they don't go bankrupt or pull a reverse split (take your shares from you overnight). There are much better plays for your money.
-------------------- All of my posts are based on my opinion. My opinions are based on the info available to me at any given point in time. Do your own DD and see if you concur.
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They are all horrible. UNQT has burnt so many investors, mainly new investors. CMKX issued so many shares that it even amazed a SEC Judge which by the way revoked the stock and is in appeals right now with no way of winning. PCCR is just like UNQT. And CWMF was hyped to death and couldn't move.
You would have felt better giving the money to a disaster relief fund.
-------------------- Invest with your brain not with your heart.
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1. CMKX - no other stock even comes close 2. GBMS - old AFRT won scammy of the year 2004 3. PRRM 4. MLON 5. UNQT 6. DFLR 7. QANT 8. PCCR 9. JKRI 10. ICAN
-------------------- Invest with your brain not with your heart.
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ok thats why cwmf ran from .0002 to .0009?and they were filling orders?and there are new companies around .0001 and .0002 for your info. as well as shell companies.ok I will give it to yall cmkx is a loser,and not much of a thrill.but obviously there is something wrong with a stock if its at .0001 even if it has business,that doesnt mean it wont move,and if they will never move how come cwmf ran ? witn so many outstanding shares? thanks for all the feedback anyway and I agree with all of you now for the most part,just not 100 %
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quote:Originally posted by USFBRIAN: ok thats why cwmf ran from .0002 to .0009?and they were filling orders?and there are new companies around .0001 and .0002 for your info. as well as shell companies.ok I will give it to yall cmkx is a loser,and not much of a thrill.but obviously there is something wrong with a stock if its at .0001 even if it has business,that doesnt mean it wont move,and if they will never move how come cwmf ran ? witn so many outstanding shares? thanks for all the feedback anyway and I agree with all of you now for the most part,just not 100 %
Any company worth being listed will want to make more from the IPO that .0001 per share.
CWMF is an odd duck. The CEO is involved in so many things that I don't know if he takes any of them seriously.
The O/S is 6 billion
They are pulling a forward split Sept. 30 which will increase the O/S to 9 billion (it's nice to have free shares but that is just too many for the stock price to move up much). The consensus is that the forward split is to combat MM's shorting them. It still doesn't make sense to me. Why not institute something awesome like a share buyback program? Something extremely positive like that would cause the share price to rise and MM's aren't going to short a rising stock (they would take it in the shorts). It won't make any difference to the shareholders if the MM's short it to the bottom or if the O/S is diluted to the point that it is at the bottom anyway. The only difference is who gets the money (the MM's or the company). The shareholders get screwed either way.
They have been approved by FEMA and have a contractor number. Supposedly they are going to be releasing PR's on hurrican cleanup contracts in the near future.
-------------------- All of my posts are based on my opinion. My opinions are based on the info available to me at any given point in time. Do your own DD and see if you concur.
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I didn't call cwmf a scam either. Actually know just a little about it other then its dropped back to .0004 and was a bounce play from the extreme drop. I started the other thread because some thought it was a good idea. Didn't even think of it myself.
-------------------- Invest with your brain not with your heart.
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CWMF actually hit .0001 and then ran to .0009. With the forward split and FEMA contracts coming this week, I think the stock is going to run up.
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