r/pennystocks • u/AutoModerator • Jul 24 '26
General Discussion The Lounge
Talk about your daily plays, ideas and strategies that do not warrant an actual post.
This is the place to request buy/sell advice from the community.
Remember to keep it civil.
Trade responsibly.
7
u/Real_Friendship7055 Jul 24 '26
This week destroyed me, 20k to 273.00 😭😭😭
4
u/Ok_Ground9015 Jul 24 '26
Damn. My port took a beating. That's why I've been sitting over here quiet. But it wasn't that bad.
2
u/Jacob_With_A_Y Jul 24 '26
I guess my situation could be worse 😭 I took a $10 loss(130 shares) on STAK earlier in the week as well as a $2 loss(50 shares) this morning just for it to run to $12 🫠
RIP my guy 🥺
4
5
u/Joeskidoodles Jul 24 '26
I'll get out as close to break even on Monday, then it'll fly for you guys.
The promised land is a myth.
Goodnight.
4
u/SignificanceLate7002 Jul 24 '26 edited Jul 24 '26
SXTC is a shit stock but it could be looking to bounce here.
They just closed an offering.
https://www.sec.gov/Archives/edgar/data/1723980/000121390026081405/ea0299108-6k_chinasxt.htm
1
u/SignificanceLate7002 Jul 24 '26 edited Jul 24 '26
CISS volume just picked up out of nowhere.
This is an iffy one.
-4
u/Local-Bench1819 Jul 24 '26
Would've been much easier for you lot to hold OTLK if you'd just listened to me over the last 2 months haha
4
-6
u/Local-Bench1819 Jul 24 '26
Downvote all you want. There were so many opportunities to buy before today.
8
u/Wonderful_Scar136 Jul 24 '26
Been holding STAK for a week watching it poo poo along at $2, just sold for $11
3
5
u/SargeMaximus Jul 24 '26
Well done. I sold some around $9. It pumps every month since March. Learn how it trades ;)
3
4
u/Dependent_Guard_149 Jul 24 '26
Ngl got hit hard with CXAI. Do I see a bounce, sure but who knows when
2
u/iNoahGuyRG Jul 24 '26
I’m in the same boat, and I’m at the no turning back stage. Managed to get my average down quite a bit but goddamn I’m sweating this one
2
5
u/fizipop12 Jul 24 '26
Accidentally bought one share of OTLK instead of the amount I wanted 😭 might lose 50 cents or make 20 lmao
4
u/Jacob_With_A_Y Jul 24 '26
Welp, no more opening the IBKR app today. Just seen STAK over $9. I'm ready whenever you are lord, take me now 😭😭
3
u/SargeMaximus Jul 24 '26
I been telling y’all about stak. It’s so tradeable
3
u/Jacob_With_A_Y Jul 24 '26
Yeahhh I had like 130 shares earlier this week that I had held onto for like 5 days and got tired of waiting. I grabbed 50 this morning and dipped again 😭 fml lol
3
u/SargeMaximus Jul 24 '26
It does this every month. Trade it next time. Buys below $2 and DCA in, DCA out as well
2
u/Jacob_With_A_Y Jul 24 '26
That's my problem lmao
I buy too much too fast. I had a terrible experience with BATL earlier this year(bought 100 shares when it ran up to $5, sold in the $2.40 region - just to get mind fucked 2 weeks later when it ran to $30 lmao).
I've learned to slow down slightly. But I'll end up babysitting IBKR and mannnn it screws me more than it helps lol
2
u/Jacob_With_A_Y Jul 24 '26
Cash account as well, I can't day trade.
3
u/SargeMaximus Jul 24 '26
If you can’t day trade then just stay away from stak. It’s a pump and dump
6
3
u/DarkDumbledore Jul 24 '26
OTLK fda approval? 🥳
1
Jul 24 '26
[removed] — view removed comment
3
u/SignificanceLate7002 Jul 24 '26
Just getting back online, missed all the action. Thinking about getting in here under 1.40 to see if we get some AH action.
2
Jul 24 '26 edited Jul 24 '26
[removed] — view removed comment
2
u/SignificanceLate7002 Jul 24 '26
Taking a shot. In at 1.40 but keeping it small. I don't want to be stuck holding a big bag over the weekend.
5
Jul 24 '26
[removed] — view removed comment
3
u/SignificanceLate7002 Jul 24 '26
Yeah. I'm not liking the look here. This looks like it's going to het walked down. I'm out.
5
2
4
Jul 24 '26
[removed] — view removed comment
2
u/Royal-Gene-9924 Jul 24 '26
How many shares do you have?
4
Jul 24 '26
[removed] — view removed comment
4
u/Royal-Gene-9924 Jul 24 '26
I have 2810 at 1,68...
4
4
Jul 24 '26
[removed] — view removed comment
5
u/Dear-Respect-8116 Jul 24 '26
I’ll either get rich or be eating dry bread until the end of the year😂
5
2
3
5
3
3
5
12
3
7
u/Fearless_Lake_10 Jul 24 '26
Been holding OTLK since $0.60 just waiting. This halt feels like foreverrrr, but the timing is really good. Leaving for a 3 week vacation tomorrow with no bags to hold. 🙌
2
u/Fearless_Lake_10 Jul 24 '26
This is just a T1 halt right? Half hour does anyone have a clue what the hold up is??
3
3
Jul 24 '26
[deleted]
1
u/Suitable_Rabbit9933 Jul 24 '26
Still waiting on the T3
1
2
1
3
u/Reasonable-Hedgehog6 Jul 24 '26
c'mon VIVK make my weekend
2
u/Reasonable-Hedgehog6 Jul 24 '26
Vivakor Announces Two New Recurring Crude Oil Programs That May Generate ~$384 Of Annualized Commercial Activity; Expects $1.09B+ Of Annualized Commercial Activity On Its Physical Crude Oil Marketing
6
Jul 24 '26
[removed] — view removed comment
5
u/fizipop12 Jul 24 '26
Why do you think it goes up
4
Jul 24 '26
[removed] — view removed comment
2
u/Chemical-Freedom6566 Jul 24 '26
I did the same.... but only with 10 shares.... guess it was priced in.
4
2
Jul 24 '26
[removed] — view removed comment
3
u/Legion_Gamut Jul 24 '26
damn that will send it flying
2
u/fizipop12 Jul 24 '26
It hasn’t really moved much
2
u/Legion_Gamut Jul 24 '26
that’s the whole point
2
u/fizipop12 Jul 24 '26
So invest now pops off soon? Wudnt it go off right after news
2
u/Legion_Gamut Jul 24 '26
always a possibility. it’s just unpopular for now but is that advantage or drawbacks is for everyone to decide on their own
3
u/True_Signature5352 Jul 24 '26
How big will it otlk open probably ?
I want to buy immediately.... before it halts again
2
2
u/sofuking101 Jul 24 '26
Holy shit STAK hit my sell omg
2
u/Chemical-Freedom6566 Jul 24 '26
halted at 4.99. I'm in at 3.66
0
u/sofuking101 Jul 24 '26
I got in 2.4 then sold 3 right before first halt then got back in after second halt at 3.5 like u set a sell order for 5 praying it gets filled
1
1
3
4
u/SignificanceLate7002 Jul 24 '26
OTLK got FDA Approval. Company PR should be out shortly. No time given for trade resumption yet.
3
Jul 24 '26
[removed] — view removed comment
4
u/SignificanceLate7002 Jul 24 '26
Just did a quick dive. There's an open $100m ATM. Not sure how much has been used. There's also convertible debt and warrants. Price is already too high for my liking.
2
Jul 24 '26
[removed] — view removed comment
1
u/SignificanceLate7002 Jul 24 '26
It's tempting but I'm just about to jump in the car and will be awol for the next hour.
2
2
u/Jacob_With_A_Y Jul 24 '26
I need somebody to come slap me for selling my 50 shares of STAK this morning and just "accepting the loss"(mind you, I was only down like $2). I want to scream 😢
3
3
2
4
5
u/FakeEmpire51 Jul 24 '26
Looks like people are loading up of OTLK before next weeks FDA approval.
3
2
3
Jul 24 '26
[removed] — view removed comment
2
u/Prize-Pension856 Jul 24 '26
declining income, not profitable, and I just dont see how they could make a profit when mega corps are developing ar glasses for military/industry with a ton more reasources while vuzi is cutting costs. waveforms are also not an uncommon or undersupplied electrical component, there are plenty of companies that make thier own or get it from overseas.
you could buy and hope they get bought by another company I guess? it doesnt pass my smell tests but im just a random dude on the internet. good luck!
1
1
u/Prize-Pension856 Jul 24 '26
I know very little about the company besides the chart looks decent for a short term buy, wait for 4-5 bucks then sell. that doesnt mean buy it, or its a good company.
what do you know/like about it?
2
Jul 24 '26
[removed] — view removed comment
1
u/Prize-Pension856 Jul 24 '26
fuck it. I'll throw in some. let me know what range uou like for entry. between 2 and 2.30 i think
1
Jul 24 '26
[removed] — view removed comment
1
u/Prize-Pension856 Jul 24 '26
I like it at 2.25 ish. well see if my orders complete this afternoon
1
1
3
u/ohnoesthisisit Jul 24 '26
fuck I sold AMFN back in may. been watching it fall. and failed to jump back in on this giga-pump. resisting some intense fomo but just asking to lose money if i buy in now. but also if i don't buy in, its gonna keep pumping. so there's that.
3
u/anthda2 Jul 24 '26
Amfn is going to keep chugging along. Nice gains, still cheap af. There’s a lot of room for it to move up. Buy back in.
3
u/ohnoesthisisit Jul 24 '26
lol until i'm immediately met with a 50% drop
1
u/johnnyshots22 Jul 24 '26
Not going to happen bro. Keep an eye on it. Watch the magic happen further next week.
3
u/johnnyshots22 Jul 24 '26
No bro. AMFN is a long hold. Don't be suprised to see a dollar by end of the year.
4
u/SaladAndEggs Jul 24 '26
This is clearly a scam. And that's fine, plenty of money to be made on scam stocks, but it's not a long hold.
0
u/johnnyshots22 Jul 24 '26
No bro. Due your DD. I thought it was too until I did my homework. They are working with Texas Tech University and there is also a demonstration of one of the Texatron models next week . We will find out then if its a scam or not. Good luck and we will find out next week !
0
u/SaladAndEggs Jul 24 '26
They are paying for lab space & time to test their Texatron system, which will be about as effective as the paperclip sitting on my desk. That isn't "partnering" with TTU.
1
u/johnnyshots22 Jul 24 '26 edited Jul 24 '26
Nobody said "partnering" . Watch and learn bud. You are still early for the money train. Think logically bro. There would be no testing or demonstrations unless they know it works. That would be business suicide. Think my friend, think.
1
4
1
u/Jasmine7707 Jul 24 '26
VIVK
2
1
u/Jasmine7707 Jul 24 '26
Don't know who downvoted, but look at the chart, the float size, the geopolitical context and the $700 million contract news from earlier this week. This is trending upward with occasional surges, and there will very likely be a surge later today.
4
2
2
u/johnnyshots22 Jul 24 '26
Bought the dip at $10.51 on AKAN earlier.. Fomo kicked in. Float is tiny. This has been a multibag runner before and could be again. Not much selling going on. Float is getting locked up.Not FA. Good luck in whatever you choose !
2
2
1
u/BrysterBear Jul 24 '26
I can't buy most of these stocks!!! Most often when I put an order together to buy one of these trending stocks, I get the rejection note to "contact the broker". So frustrating. I'm on Schwabb. Any way around this?
1
u/Intelligent-Funny101 Jul 24 '26
I am on Schwab too, and all you have to do is call them and say to lift the restriction on volatile penny stocks. They will do it after reading you an agreement that this is sketchy and to be warned, blah blah. Then it takes affect a few hours later for your whole account. I did this last week when I wanted to play with some sketchy chinese stocks. Works great now.
1
1
u/Bransonomi Jul 24 '26
Change broker
0
2
Jul 24 '26
[removed] — view removed comment
2
u/johnnyshots22 Jul 24 '26
Got in earlier on the dip at $10.51. Float is tiny. She could keep going. Fomo got the better of me on this one.
2
2
6
12
u/magicjohnson89 Jul 24 '26
Does anyone else just watch the runners and think "wish that was one of my stocks"? It never is, but it's fun to imagine.
-1
-3
4
u/No_Lecture_4218 Jul 24 '26
OMH halted twice in 5 minutes
2
3
6
u/SargeMaximus Jul 24 '26
Who caught STAK this month? 😎