Please recommend my next under $1 stock

Posted by TheSnowMan on April 12, 2010 (09:42AM)

Good plan TJ, Greece is a mess right now so hopefully we can see a turn around for it.  Plus, sounds like your risk is low in this stock.

Posted by RyanKing495 on April 12, 2010 (02:35PM)

I bought BGBR @ .82 a week ago and it is now 1.66 and rise.  Expecting to hit at least 2.50 in the next few weeks.  You can find news on this company all over.  Good Luck!

Posted by runningpair on April 12, 2010 (02:41PM)

You might like to take a look at PTEK.  They make automated poker tables.  This is definitely the way to go in areas where there is little competition.  Florida is just such a place but these have not been accepted there.  They dominate in Ark and Mexico, also on cruise ships.

At present they seem to be looking at a reverse split to avoid the pink sheets.  This should avoid the Trade King surcharge.

There has also been some significant insider buying.

I own this at $1.15 have held it all the way down to .40.  It is currently at .77.  I am more incline to average down rather than bail.

CEO is Lyle Berman.  A very famous poker player and supposedly a billionaire.  He was the founder of the world poker tour.  He plays most days in a game in which you have to put a $million on the table.  He also runs Lakes Gaming.

Posted by The Otter Way on April 12, 2010 (02:47PM)

chada said:

Just sold my investment from Siri and letting it's profits ride.  My plan is to buy the next stock, double my money and move onto the next one.  Does anyone have any advice?  Hope to have the next one picked by Monday.  Thank you in advance.

 

chada said: Iges- the intent of my request was real and not silly talk. Although I didn't get the amount of recommendations I would have liked, I did get a few options to look at.  The Yugo talk was an added bonus. As far as TK's penny stock fees, I like others, purchase penny stocks with other brokers and use TK for big boy stocks and research and devolpment.

The request is being met with an attitude to save you from yourself... Rather than feeding your request with information, they have provided a lesson on the basic foundation of placing their values into the answers provided...

Good luck on having a real discussion here on $1.00 or less stocks... Most of the members of Trade King couldn't ever invest in such type of stocks... Nor would they ever recommend... And surely some would even chase off those who do...

You might want to PM CoffeeNut.... That Gal is an expert on 1 and under.... 

Posted by RyanKing495 on April 12, 2010 (02:50PM)

RyanKing495 said: I bought BGBR @ .82 a week ago and it is now 1.66 and rise.  Expecting to hit at least 2.50 in the next few weeks.  You can find news on this company all over.  Good Luck!

 

Posted by Imp the Red on April 12, 2010 (03:44PM)

I play with penny stocks.  And I emphasize the word PLAY.  Overall they consist of less that 2% of my entire portfolio.  But I play with them because it is a little fun--and I get to spend the money if I win.

In all honesty though, I've not had much luck recently with them.

Posted by Igess on April 12, 2010 (03:48PM)

Okay then, chada.   Here are some under $1 stocks:

Three under $1 that I'm currently buying  (all value plays  in  oil/gas exploration and production)--- CNE.v, AEI.to, SSN.   I also have GSX.

Here are several that I own related to China:  CHFI.OB CHCG.OB CNER.OB SGAS.OB.

Here's my largest (in terms of  my $  commitment)  under $1 stock:  NGLPF.ob

Under $1 stocks being only a small portion of my investments.

Posted by Freddy83 on April 12, 2010 (09:59PM)

adelante said: Like SIRI, ABK popped up today.  Also good are YRCW and BBI.
FNM, FRE, and ETFC are all just over $1.

 You had me looking at FNM and FRE, I almost bough them this morning and REALLY wish I did.

Posted by chada on April 12, 2010 (10:35PM)

You are correct Otter. I took CoffeeNut's advice and put half my money in GOIG. Up 85% today.

Posted by runningpair on April 13, 2010 (11:23AM)

Wow! Way to go? Did you use Trade King.  Hope you bought a bundle.  Maybe this will bring the coffee nut back to center stage.

Posted by Crispy on April 13, 2010 (11:54AM)

BSPM- biostar pharma  not a penny, but a great opportunity.  Will be making the move to Nasdaq soon.  Trades at 4 dollar range now and comparable companies on the nasdaq are trading in 10-15 dollar range.  This stock will pop very soon.  I too really like the growth potential of pennies, but sometimes find them hard to trade due to low volumes and yes, tradekings commission takes too much out of profits, I use sogotrade.com for pennies.  Quick mover with high volume CBAI.  Slower moving more long term ideas, GMTI,  SNRY
may the force be with your trades

Posted by The Otter Way on April 13, 2010 (03:10PM)

RyanKing495 said: I bought BGBR @ .82 a week ago and it is now 1.66 and rise.  Expecting to hit at least 2.50 in the next few weeks.  You can find news on this company all over.  Good Luck!

 A little set back in the works on this one...

Posted by chada on April 13, 2010 (04:41PM)

runningpair said: Wow! Way to go? Did you use Trade King.  Hope you bought a bundle.  Maybe this will bring the coffee nut back to center stage.

 Wishing now I would have double my shares in GOIG. Up another 34% today. Purchase my pennis at TD. They charge the same for pennies as big board stocks. I too wouldn't mind a little coffee nut insight.

Posted by runningpair on April 14, 2010 (09:30AM)

I invest in lots of penny stocks.  I usually pay about $4.50 to get them.

Posted by Gemini on April 15, 2010 (12:58AM)

I'm researching YRCW as a momentum play. The company president resigned amid a strong effort to turn the company around.  I need more info.
The "sector" appears to have improving numbers, consumers are spending, retailers are reporting gains, UPS reported good numbers, and bankruptcy isn't in the near-future for YRCW.

In my opinion, YRCW is very risky.  I do not own the stock as of the date and time of this post.

Posted by runningpair on April 15, 2010 (01:41AM)

Gemini said: I'm researching YRCW as a momentum play. The company president resigned amid a strong effort to turn the company around.  I need more info.

The "sector" appears to have improving numbers, consumers are spending, retailers are reporting gains, UPS reported good numbers, and bankruptcy isn't in the near-future for YRCW.

In my opinion, YRCW is very risky.  I do not own the stock as of the date and time of this post.

 

Yeah, we had a war about something like this last year.  When the truce was called or we reached full attrition, it was agreed by the weary that smaller stocks benifit from greater risk.  I guess we agreed that the asymmetry involved benifited
the low priced stocks, because zero is the low limit for all stocks.

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