₦airaland Forum

henrimoto:
Oga Aremso, do you think some of these our penny stocks are on "Gbanjo" - Bonanza mode ?
Like ... FREQ,
EGLX
RBT
EGLX & PIRS , are these 2 stocks moving to a new support level ?

Bro. Sorry I just got released from ban, I don't know the bot or human being that reported my account, I never did anything or abusive here! Anyway, we move.

For FREQ it has a strong support at 038, 0.39 then 0.40. For EGLX am off for RBT am off it will sell down again they will do RS then issue shares to raise money again but if they sell it hit 10c then one can play the risk.

Still focusing on my health stocks

Still in HLTH, PIRS, FREQ and TCRT.

I mentioned TCRT sometimes a go here check my previous comments, I started buying at 0.145, it went down I bought more, I don't know the info that is cooking about it, it did +26% during trading then close at +23%. It might move like AXLA. I will put my sell limit at $1.30.


OCGN
It has formed a double bottom, which can have a bullish reversal


Your DD!

For those that likes pennies like me, gurus here have warned us of the danger inherent in trading penny stocks but unfortunately for me, that is where I pitched my tent. So we should know how penny stocks stands on NYSE/NASDAQ, if we the stock trades under 1$ for certain period of time they gets notification from NYSE to do something about and normally given 180days and if they didn't they push them to OTC. Because of this they resort to RS to shrink the numbers of OS and relist at higher prices. How is the new price arrived at? When a 1:8 RS is done u divide 1by 8 then multiply by the numbers of shares u are having then will give you numbers of shares post RS. To arrive at the new price post RS, the ratio would be multiplied by the price as at when the RS was done eg if a stock is selling for 0.70$ then RS is 1:8, new price would be 0.70*8= $5.6 the only problem is, will they push the price higher before the RS is done? For RBT they have good revenue and on right course to letting their shares hit 1$ before q4 and based on my findings that was why I bought the stock even insiders are buying but best known to them. If they can push the price to around 70c then RS is done the share price would be $5.6 then it would be fine. Am addicted to health sector RBT is the only stock outside health stocks in my portfolio even with the loss generally in the market yesterday and my losses in RBT cos have been buying at each support levels, my portfolio still closed around +3%+
So pls stick to your investment strategies and dont just do follow follow to take anything dished out here anyone here could be wrong have mentioned this before.

The following pennies did 100-500% since have been watching them.

Zyne $0.33-1.39now
TSHA 0.50-3.40
FIXX 0.80-1.45 but now 1.18
Cgc 0.38-1.92 now 1.30
Axla 0.10-1.30 now 0.68
DHC 0.70-2.4 now
Is only RBT that was pumped from 0.25-1.75 but went down the rest are still maintain the upwards levels

U loose some u wins some but let your winnings outweigh your looses

RBT will have an OS of 36.5m post RS. Those guys can push it to close 1$ before RS so they can relist around 7-8$ the revenue is Fantastic I don't know why is under 1$ this is a stock that was $10 for like 3 months last yr

henrimoto:
Have you gotten the news on RBT ? they approved a R/S of "1 to 8" on the stock, to commence on the 26/09/23.

Sometimes RS is good if one buys lower cos the price would be re listed. Look at HARP buy such situation one should sell and move out. RBT OS will reduce from 292m to 36.5m after the RS

henrimoto:
Have you gotten the news on RBT ? they approved a R/S of "1 to 8" on the stock, to commence on the 26/09/23.

Wow I don't know may be that is why it was going down like that, I hate anything RS. I don't know what the price will be after the RS. If the price will be around 5$ still ok for me if not am out wt the loss I don't care

Wow! My portfolio was gaining reasonably only for me to check around 7pm and saw that bear was dragging it to the wall and struggling to turn back at a point started dancing skelewu doing red green, red green red green I don't know what news came out on HLTH which shoot it up to close @+11℅ making green won the battle. Next week is another week, we continue from there no retreat no surrender. I love this game so sweet.

Have an investment strategies and principles and stick to it no matter the case, in all thy buying buy from support levels, diversify if could even be in the same sector. Follow warrenBuffet rules

1 never loose your Capital
2 follow the first rule

henrimoto:
...wait first o. Never stack am now, investors are losing confidence on that stock.

@aremso, what's opinion about this?

I think it currently has a negative sentiment

Health stocks

These could have a run up like AXLA

AVTX
ZVSA
ROCKET



Your DD!

henrimoto:
hmnn... 15m !! That's serious!

BVF incorp bought 15.5m units
Silver capital management bought 961k+
Transactions executed 15/8/2023

henrimoto:
.True. I read COVID related cases are on the increase and they are yet to enter their fall season - which will start from next month, October.

And gist on when pirs-220 will announce their phase 1 trial ? I read that the pirs-220 is related to COVID treatment. Any gist on this from your research ?

It was not stated, I added small again. Am holding all my positions tight I want RBT to tank but is like it has develop new support at 45-46c I will add small again.

A company bought over 15m units of PIRS last month

yok:
BIG MONEY IS TELLING US TO CASH SOME OF OUR PROFITS AHEAD OF THE HIGH IMPACT CPI REPORT

That is what is currently going on. So for tommorrow, expect the bear?

But after the news, we can then start planning what to do.

Thanks for the info, but those on strong support can they still fall further?

henrimoto:
@Aremso. Baba! Na WA o! You see wetin AXLA dey do ? From $0.10 to $1.30 !!!! Oluwa o. Na within 9 days o.

Thank You! For the Enlightenment on PRCH stock.

All the health stocks on my radar are moving up I think is because of Covid, HLTH got to 73c yesterday before pulling back despite the bear

henrimoto:
@Aremso. Baba! Na WA o! You see wetin AXLA dey do ? From $0.10 to $1.30 !!!! Oluwa o. Na within 9 days o.

Thank You! For the Enlightenment on PRCH stock.

I wanted to buy but not on bamboo, Covid stuffs boosted the stock

henrimoto:
I just noticed their progressive quarterly earnings but I'm still yet to understand what/how they really operate. Oga Aremso, pls. Throw small light on their operation.

Porch Group, Inc. operates a software platform in the United States and Canada. The company operates through two segments, Vertical Software and Insurance. The Vertical Software segment provides software and services to home services companies and gives early access to homebuyers and homeowners. It offers services to home services companies, such as home inspectors, mortgage companies and loan officers, and title companies; consumers, such as homebuyers and homeowners, service providers, such as moving, insurance, warranty, and security companies, and TV/Internet providers. This segment operates through Porch, Floify, HireAHelper, Home Inspector Pro and Palm-Tech, Inspection Support Network, iRoofing, Porch Group Media, Porch.com, Rynoh, and V12 brands. The Insurance segment offers property-related insurance policies through its own risk-bearing carrier and independent agency as well as risk-bearing home warranty company. This segment operates though American Home Protect, Elite Insurance Group, Porticus Reinsurance Ltd., and Homeowners of America brands. In addition, the company provides property and casualty, home, auto, flood, and umbrella insurance products; and contractor services. The company was incorporated in 2011 and is headquartered in Seattle, Washington

henrimoto:
This porch locks progressive...

Yes is a diamond in the mod.

henrimoto:
Oga Aremso, abeg, what's the support and resistance level of MULN

Let me check

If it brakes 0.45 next is 0.38 but strong at 0.35-0.30

There is need to always identify support/strong support levels in taking buy trade. Very important is like someone who falls closer to the ground he will not have much injury compare to someone who falls from high levels the injuries could be fatal

PRCH

Doing 7% premarket

GLTO may go the way of TSHA but not on bamboo.


Your DD!

henrimoto:
How does this ex-divident thing work ? Both on the stock price and holders.
NAT has set 13,Sept.. to give ex-div. Of $0.13

They increased their dividend by 0.03$ this quarter

henrimoto:
How does this ex-divident thing work ? Both on the stock price and holders.
NAT has set 13,Sept.. to give ex-div. Of $0.13

When a dividend is paid they have to remove the dividend amount from the current price of the stock on the qualification date. For example when a stock is selling for $5 and they are paying dividend of $0.50 and September 13 is the qualification date, by September 14 the opening price would be $4.50. For anyone to qualify for dividend is either u buy on or before 13th September

PRCH

Annual revenue $328m
OS of 98m



Your DD!

Insider still bought yesterday

henrimoto:
it 52 wks low is 2.4, do you think it will go down to 2 ? Currently at 3.8.

NAT is a very slow mover for my liking but it currently pays 0.4$ as annual dividend if one can get it at $2 that is 20% DY then just keep it for dividend when one gets amount invested through dividend then sell to wait for pull back again

henrimoto:
it 52 wks low is 2.4, do you think it will go down to 2 ? Currently at 3.8.

Yes it may hit 1.80 don't miss it.

Add NAT on your watch list, buy from $2-1.80.
Under my watch.

Selling my FIXX to buy another lower stock.

henrimoto:
Gbam!! @Oga Aremso.

Bro. Okay Sir, researching on about 2 stocks not health sector really but I think they will move. I will drop them here

henrimoto:
Haa! Oga Aremso, Abeg, no do like that. You have a lot of silent followers and students here who have benefitted big from your "under performing sector" calls

Every investor with his/her own trading / investment strategy.

Oga Aremso, Abeg, we plenty wey dey benefit from your stock knowledge and value appreciation. Please, reconsider.

Bro I can understand I even get DMs too but sometimes one needs to apply wisedom so as to be at peace with everyone. Mine is to make money and nothing else, am nothing to say I want to impress anyone and not competing with anyone but competing with my destiny only. I told my friends to buy AKA, they bought and from their entry level, they are already on 23% gain and me that told them didn't buy. Should I envy them? Capital NO! US market is big enough to turn your $500 to 5,000$ if you know what u are doing some even wish by now I will pay school fees in US stocks I just laughed. So I just need to apply wisedom to be at peace with everyone on this wealth creation journey! My regrets is, if I had dedicated the 0.5 of the time I dedicated to Naija stocks on US by now I should have known my level very well in life but all the same I thank God for life!

Tesla PM looking very good, indexies are smiling at the PM

I no go mention any stock here again ooo going forward.make e no go be like say na me dey drail people from investing in performing sector. Anyhow, my own is to make money.

[quote author=Kellydano post=125709392][/quote]Is it not same stock selling for $2+ today? Longs don enter 1 chance