Alexander Green says you can retire on a $3.00 stockAlexander Green of the Oxford Club is touting a $3.00 stock to retire on that has patents up the ying yang. It’s a tech company. Let’s see if we can figure this one out.
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Alexander Green says you can retire on a $3.00 stock"
what is the company?
It’s Foxconn … checks all the boxes and the descriptive rhetoric is simpatico.
When I looked up Foxconn it was selling at $75.20 today so that does not match.
Foxconn Technology Ltd.
2354-TW 75.20 Taiwan Dollars
Taiwan Exchange
75.20 Taiwan Dollar = $2.45 USD
Taiwan $ .033 to $1.00 U.S. Dollar
The 75.20 is in $TW = about 0.03 $US.
HNHPF HONG HAI PRECISION TRADING AS FOXCOM 2 SHARES PER UNIT ON OTC
Not that I doubt you, but how do you figure 2 shares per unit on OTC?
is this the stock Green is talking about
$HNHPF jjc, it often helps to scan the following comments, especially to see if you can find your answer. Yes, this is the stock.
Travis reported on it July 16, and gave a link to his writeup a few inches further down in this thread:
https://www.stockgumshoe.com/reviews/oxford-club/alex-greens-single-stock-retirement-plan/
FYI, it went up about 25 cents after Green’s pitch, is down to about where it was mid-July.
HNHPF doesn’t seem to be trading, I could see HNHPD from OTC is active. Not sure which one is the correct ticker.
THE SYMBOL THAT ALEX GREEN TOUTED IS HNHAF NOT HNHPF.
HNHAF WAS TRADING AT $2.47+ TODAY.
ALEX GREEN EMPHASIZED THE DIFFERENCE BETWEEN THESE TWO STOCKS BECAUSE THE “THREE DOLLAR STOCK” IS THE SO-CALLED “RETIREMENT” STOCK.
The two are exactly the same company, it’s just that HNHAF equals one share in Taiwan, HNHPF/D represents two shares. Both trade in probably reasonable enough volume for small investors OTC in the US.
$4.515/SH today.
Definitely looks like Foxconn to me, too. Green says it’s trading under a different name. It is –
Hon Hai Precision Industry Co., Ltd. (HNHPF) . My question is, Why is it trading for about $5.50 in the States while it’s trading for about 75 Taiwanese dollars in Taiwan? 75 Taiwanese dollars equals about 2.45 US dollars.
This post sounds suspiciously spamming.
I wonder if this guy is commissioned to sell that stock.
The Bio for the HNHAF founder matches the Bio they give in the story.
I was able to buy small quantities (like 42) with Etrade. (Its an Inherited IRA (so no money can be added) , but I Had some cash (from dividends) sitting around). The only cost was the $5 commission. (I did need to explicitly set a “limit order” in order for it to go through). So far I’m down between 2-5%.
I also tried with FirstTrade, but they would not allow me to buy it.
He said to buy the stock for retirement, how old are you?
I bought HNHPD on Friday at 4.54 and its 4.70 today. Its the same company, Foxconn.
Remember he indicated that this stock will go up and down. He indicated this is a buy and hold stock, buy it and forget about it.
i find this amusing that this company has 29000 patents, multiple huge tech companies with billion dollar contracts as clients, but is only a $3 stock.. not sure the share holders would go along with that scenario
Foxconn .. one billion shares out and 3.x market cap = 3/sh ..
didn’t think about it that way duh? I got the Trump idea and the Apple but the share price was taking me in a different direction…..
Belkin international is my guess but i can’t find any related ticker for the secret company
Belkin and Nokia and Foxconn are all joined at the hip.
Foxconn Just bought Belkin in March.
then i’m stumped on this one…..would like to know the ticker to some DD on it but he is just vague enough in is piece to make it tough
Good answer JTSween … I came to the same conclusion .. Foxconn is the mystery company.
? ticker ? and how arrive at a $3.00 stock?
iPhone manufacturer Foxconn buys Belkin for $866M. Belkin, Wemo and Linksys have been bought by Foxconn, the Taiwanese electronics maker best known for assembling iPhones. Foxconn, the company best known for assembling iPhones, said Monday it has bought accessory maker Belkin in a deal worth $866 million.Mar 26, 2018
Belkin bought by iPhone manufacturer Foxconn – CNET
https://www.cnet.com/news/iphone-maker-foxconn-buys-belkin-for-866m/..
I just looked up in US stocks and I believe its fxcof on the nasdaq
It’s HNHPF.
What’s the secret 3 dollar stock recommended by the Oxford Club?
Hello Gumshoe. Could you please try to find out as to which stock Alexander Green is teasing in his “Single Stock Retirement Plan”?
He is touting a $3 stock company that is a titan in the tech sector.
this is interesting– big news in WI with building big new plant- got state to kick in huge $ to build here- maybe this is worthy of thinkolator?? why is it so cheap and why would it go up ?? is FXCOF right symbol for sure? [ seems right}
Foxconn is not traded on the US stock exchange. Taiwan identifier is 2354.tw says 75.20 in Taiwan currency exchange rate means that is $2.46 in US money. Check with brokerage some do hot allow foreign exchange trading and most seem to have an extra charge for this service.
Does anyone knows the abriviation for that company that Alexander Green talks about ?
It’s HNHPF. I wouldn’t jump in right away as HNHPF is trading higher than its equivalent in Taiwan.
$HNHPF
I wondered about the price difference as well. Fortunately Travis covers this one today, and explains you get 2 shares at the OTC price. (It’s about 1/2 way through his analysis)
Thanks, Catherine, but where do I find Travis’ analysis?
$HNHPF
Good point, John, I wasn’t thinking about that.
If you go to “Articles” at the top left of the page, it’s currently the first one listed. But for anyone reading in the future, it’s the July 16, 2018 article.
If I’m interesting, how I buy this company share?
I wonder why Foxconn’s (2354.TW) and Hon Hai Precision Industry Co., Ltd’s. (HNHPF) statistics don’t match up.
https://finance.yahoo.com/quote/2354.TW/key-statistics?p=2354.TW
https://finance.yahoo.com/quote/HNHPF/key-statistics?p=HNHPF
So Hon Hai (foxconn) makes roughly 40% of all electronics and is #4 largest in the Tech corporation world…Last year the company made 158 billion
stock is only $5 USA?
Concerning FXCOF It appears at this time this stock is a grey stock and my broker couldn’t give me a price, I think this stock and HNHPF are one and the same …but I am not sure. I read that FXCOF is opening a new plant in Wisconsin.
I have also read that Foxconn Technology Co, Belkin Intl and Nokia are all joined at the hip
it is on the Grey Market not OTC
If this club has to have this ANNOYING ENDLESS infomercial to join them, it is about membership, not about a stock. If it is too good to be true beware. What would a 75/shr trading co also have a “penny stock”. Please explain?
Amen to the ANNOYING ENDLESS informercials. I have deleted all of this type blabber that only wants you to pay. Can do as good on my own.
Covered this one in an article more recently here, if you want more detail: https://www.stockgumshoe.com/reviews/oxford-club/alex-greens-single-stock-retirement-plan/
taiwan exchange rate versus us is
taiwan 30.5798 = 1 US
so 30.5798 X 5.50 us = 168.1889
In the attempt to clarify, the Taiwan price of $76.40 is lower than 84.09445 which would be the equivalent of the $5.59 that it trades for here. Remember, each US ADR is worth two shares of Foxconn Technology Co., Ltd. (2354.TW).
The conversion from Taiwan Dollar (NT$) is>>>>> NT$ 30.8: USD 1.0
In doing the math: NT$76.40 / 30.8 = $2.48 (USD)
Not sure where the 168.1889 number is coming from and why divide it by two? How did you figure each share purchased in the USA is equal to two shares traded in Taiwan? I’m not being critical, just want to understand apparently what I’m not seeing. Thank you!