VsbgfI know some of you have had this experience or else u wouldnt be here with Travis. Lets see if this resonates. I am checking my email and there are 2 separate investment groups pitching me on the 20 cents stock that will win the war against covid. I start watching the video and within 60 seconds i realize that they are talking about a stock i bought last week called visibility group-vsbgf – picked up a nice chunk at 19 cents the day before thanksgiving. Thing is-i didnt buy it as a Covid play, i bought it as an ai play as i had noticed that several of my AI stocks were percolating. It just turns out that this vsbgf may ACTUALLY be the best covid fighter out there. Along with being an extremely high-tech data gathering firm with what appears to be real patents and contracts. The stock hit 35 cents BEFORE i started seeing the investment emails and than i got my family and friends in at 35 on monday when it shot up to 59. Before any of them could thank me or call me genius VSBgf has now promptly slid back to around 40. My question to all of veteran irregulars is this?
How long will it be before Joe 401k and joey robinhood and johnny faangstock actually decode the ad or pay for the research?
A week, tomorrow, a month. Just trying to understand how to build my position or help some family that wanted in on the action.
Based on the last two i picked at this level -Exrof and racmf- im feeling pretty good about the short-term for vsbgf. Of course now that i have put myself out there it could explode in flames of failure but its 2020 so whats the worst that could happen?
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Missed this by 1 day the run up from 0.16. I’m thinking around .32 or so. Problem with all stocks (penny) like these, if you don’t exercise discipline, you become a long term investor. More often, than not, that can be expensive. next couple of days will tell the tale for this stock, if it can keep uptrend. To me the most important thing is to not lose capital. That is always my #1 priority.
Once I can get my money out, things get easier for me.
Yes, discipline is required. and as always its a rich man’s game as it would be much easier if choices didnt need to be made. Truth is, im not trying to get in to “pump” stocks before the “dump”. Im really trying to find “REAL” companies before Motley Fool, Seeking Alpha or IBD start pretending they found these companies. In doing that, the almighty entry point becomes crucial. While its easy to assess this as “risky”-what the heck isnt risky right now? I dont claim to be smarter than the next guy or gal in here so much as i am more than willing to put in the research time necessary to eliminate MOST of the bad choices. Right now, the approach that has worked for me is treating it as a custom micro-mutual fund where im willing to hold 10 of these at a time. Since daily surveilance is required on these 10 is already pushing it lol.
Hitting on 3/10 so far has been great. Im not sure what law it is but the fact that if any of them go to zero you can lose a little, but if any of them hit you have no limits as to how high it can go, that law seems to be working lol.
I am truly blessed to have found this great site and have been more than happy to share picks but sharing one of these pics prior to taking a position can add up to a very expensive position. I dont want to be perceived as “pumping” so its a balancing act. Im also well aware that i am an absolute nobody in the investing world and very possible that most folks arent waiting around for someone they have never heard of to pick stocks they never heard of.
It does seem that you and i are looking at similar stuff so if you wanna collab on a few and then bring em to the group that’s cool. I am sitting on a new whopper right now.
Hi, Yes it does sound like we are looking for the same thing, more or less. wendlefly@usa.com is my email. Yes this site is very helpful, it increased my understanding of SPACs which was a big plus. It’s nice to sift through the various newsletter and get an idea of what is what.
I use a program called Medved to sort through things I look for. Under a dollar volume with not alot of price movement. It would be nice if I could sort out what stock may, or may not run. No luck with that. I try to buy before the run up double and then see what happens.
What works ideally for me is sell half if it double. Sell half if it doubles again. Then forget about it. I found several of the weekend. Some have good stories some not so much. Email me and we can discuss it. I looked at spectra7. I did not see anything to compelling, but I may be missing something. Good luck!!
rlevine99, I shall attempt to answer the portion of your narrative which reads: “Just trying to understand how to build my position or help some family that wanted in on the action.”
I’m hardly a chart expert (and there are some on this site whose expertise would be appreciated) but will share my amateur observations:
1) This stock IPO’d in April 2019, collapsed in price much lower than the original close, but is finally back on track at around the price range when it IPO’d. Therefore, after 1 year & 8 months it’s starting over. With this kind of chart history, it’s hard to tell where the recommendations are coming from unless the newsletters or company itself are riding on the COVID bandwagon.
2) Assuming they’re right and foresee a bright future for using AI software in COVID tracking, an entry position at $0.50-ish would be too high. That’s the maximum price for the current range that the stock is in. I’m arriving at this max with the help of Bollinger Bands. (If you’re not familiar with this statistical tool, it’s that “bell curve” we learned in school tilted counterclockwise such that the bell is now sideways instead of face down.) The upper band is in the $0.50 range, so the risk of buying or holding at that price is at its highest right now.
3) An alternative would be to wait till price comes down to $0.40. That’s the double bottom reached on Dec 8th and 11th.
4) An even better entry point would probably be around $0.34 – $0.35. That’s the double bottom formed on Dec 7th and 9th. The chances of price bouncing back up from this level are better.
Can you insert images into comments? Wanted to put a chart in, but could not. The other thing I’ll look for is obviously what business it is in. That is a big on as well. I traded pretty actively around 10 years ago and stepped away from it for awhile. I had a watchlist of around 50 stocks. Anyhow, four of them went on for massive gains the others? Gone. No longer existed.
Now I did not do the legwork to figure out why they were gone ie buyouts name changes, but I would suspect most just went under. I keep that in the back of my mind when trading. It is good if you can extract your own capital, but making a profit is ideal, then letting them run. Not that I am having that issue ATM. I let the perfect be the enemy of the good and I try too hard to get the “perfect” entry, which has cost me dearly several times.
Spectra7 is a stock i am following closely as i am trying to isolate companies that supply semiconductors that are used in bitmining/cryptocurrency-
The charts dont reveal much but i am trying to dig into this on a fundamental level. I am relatively fluent in crypto and what intrigues me is finding the “infrastructure” for the coming blockchain and crypto revolution. Just like the dotcoms before, some coins will survive, most wont. But the pick and shovel companies are going to be key and nobody knows who they are yet.
Lastly, giving u a heads up on SFOR- check it out immediately- and yes i got half my position last week before the 230% friday
SFOR LOL yea it came up for me on my scans at .04. I went in a different direction with EPAZ. Sucks to be me LOL I’m watching it though. MY latest momo scans
RDAR, EMBI, VSYS, FLXT, PTN, BPSR, VTGN, SBFM, SYN, ITMSF, TKOI, RGRX, FPMI, NNBP, LFAP, RIHT, VSST
Got a small position in EMBI 10K @ .03. Notice Egaming is picking up Taste of CLIS @ 30K .019. See how it works. I really care more about the charts than the story Spectra7 has a great story, but the chart… blah to me no offense. The pop in November might generate some tax loss selling. I’m watching it. FLXT is another one I’m watching. May take a taste at the end of the year. email me.
Should i assume you are placing alot more value on charting than fundamental analysis. I am not judgeing u lol, just curious .we seem to be looking at similar stuff but i am doing about 60% fundamental. Of course i respect TA and charting has become so advanced but for some reason , the fundamentals have lead me to my best results. Thanks for dropping all those symbols, not sure if i have anything left to invest lol
Check out my article on SFOR- its still in play- it actually sold off a couple cents today
Yes I place alot more on the charts because they are usually right IMHO. The story is great and all, but I am reminded of something Mike Tyson said back in the day. “We all have a plan until we get punched in the mouth”. Microcap investing to me is like that. You buy the story and the hype and if you are not careful, you get punched in the mouth believing everything that is said.
Nothing is free, but your mother’s love. I assume all these people want to rob me blind. I am very cynical in that regard. To me you have to be able to take the lose. To take the punch in the mouth when you are wrong. It hurts, but better than being a “long term investor” which in microcaps is usually not profitable.
You just used like 37 cliche’s lol. So i dont really know what to respond to but i dont really understand why you are going so far down the micro rabbit hole if you are so negative on them. My perspective is a) im doing extremely well with them, just keep going b)you pointed out concerns with this area of the market but any area of the market has concerns. I can cope with the micro-cap challenges. C) Patience is an incredibly valuable currency and in micro-caps that patience is essential. Instead of jumping on the latest momentum picks from whomever or piling into a hot sector, explore the areas that are being shunned , it might mean waiting a bit for the payoff but like i said, i will wait. I went and sold out of some mining and royalty stocks when they were still cooking in august and loaded up on all things crypto because Btc specifically and crypto in general were slumping, these stocks were penny on the dollar, for no reason except normal statistical variation. All that was required was patience, couple months later now and crypto is scorching hot. The micro market is rarely accurate, these micros are either substantially oversold or overbought. Buying them when they are oversold and waiting seems like as good a plan as any.
Yes, of course you have to pick well and you have to make sure they are not so oversold because they are on the way to zero lol, but hey thats the challenge, thats the game im playing. I am still more in wealth creation mode than wealth preservation mode. If that were different i might approach it differently.
As far as the chart thing, i have absolute respect for anybody that works hard at this and does their ta and dd. However, i will use a cliche now, technicals are like x’s and 0’s in sports. You gotta know how to use them. But for me, fundamentals let you play above the x’s and 0’s. The fact that nobody really seems to care about fundamentals too much anymore is not a good enough reason for me to stop applying them.
I am well aware that confidence can get u killed in here, and i will refine my approach if the results diminish, in fact right now i am sweating vsbgf and sfor a bit because i got incredible entry points but than loaded up instead of sorta letting it come to me, it might backfire, we will see
Hi I think it is just a bad time to chase breakouts in micros ATM. Too much tax loss selling maybe? For whatever reason we may, may not want to speculate in this space, I think the one common point is we want to make money LOL. Instead of focusing on the “whys” of things, I would be more interested in exchanging things we see in tickers that may be helpful in the final goal. Making money.
SFOR EPAZ good example. Both similar I choose EPAZ for a better entry point and “fundamentals “lol I know”. SFOR took off, hit resistance and now is losing steam, were EPAZ did the same thing just quicker. Down a bit on EPAZ, but I’ll hold to see what the new year brings as it is hovering around it’s 50 EMA. With SFOR, if you chased it, well now you are a long term shareholder, which may not be bad, but it is alot better if it is house money.
Just want to be as constructive as possible to all. I really don’t see anything coming up worth mentioning. Everything I am in is doing pretty well. I think if we work together that would be most beneficial. I like poker alot, this is kinda the same. For every winner, there normally is a loser. I try not to be on the latter, just like everyone else 🙂
I watch alot of youtube penny stock videos as well. Some have a big following. Most have private discord servers where I am sure they position themselves before they come out and recommend a stock. Trying to front run that by getting a idea what they are looking for and following the volume. To me volume is the key. Like footprints of the criminals. Can’t hide that.
I mean really could they find the next Amazon, maybe, but highly doubtful. In microcaps, it is a bagholder’s game. You may get lucky, but I don’t fall in love with a story. The charts tell the tale. Once I get capital and a bit of profit, I’ll let it ride. I use the profits for microcaps to buy stocks like MO, or JNJ. They are not going anywhere unless a asteroid hits us. Then none of this will matter. Better have gold and lead.
VSBGF – I bought the newsletter about that one. Found it intriguing. Yet, with six exchanges not a one offered it. Would have had to sign on to yet another. Still, I was curious and you’re the first person I have come across to buy into it. Like you, I was more interested in the AI aspect rather than the Covid angel. I realized that, save for airports and the like, the other uses would be costly for companies to install. Then, I also thought, how much public resistance would it meet from those who see it as an intrusion, especially when the pandemic concludes. So… I hope it does well for you. I still find it intriguing.
All that makes sense and obviously i have no motivation to convince you. The one thing i see particularly differently is the thought process of the pandemic concluding. I believe unfortunately that the vaccine is here but its not going to be completed for quite awhile so in my view VSBGF not only will have an ample opportunity to be a covid play but will also continue to be a virus play in general. This technology will be quite handy as we face future health risks and as we monitor crowds in the first post-covid semester. Without getting too political, the current President has never even said the words “contact-tracing”. That will be changing very soon and this tech is a key tool in contact tracing.
January 8 and he still can’t get a $.20 stock even though it’s up around $.75 today perhaps the latest Mailing has driven its price up artificially or maybe it’s “for real “
Im not following- are u implying its not a great pick because its “only” up 350%-
Idk actually who you are referring to as i had found this stock on my own. Also, ehat stock isnt up artificially on some level, its a given That valuations are out of wack. Its a real company with real patents In a smoking hot sector so i could think of worse places to put a few coins on. Any decent sales numbers and this thing will go 10x
It trades strange for a micro. Large spreads between bid and asks. Volume is ok, but not explosive. Chart is overbought, not a big thing, I don’t see a good entry point with spreads this large and if any bad news (secondary or something like that) I would fear a huge down spike. With the healthy float they have, I would expect better trading dynamics. I have been watching since .16, turned around and it was .40+, but no position yet. With micros I always fear becoming “a long term holder” before I get my capital out. Don’t see a entry, without a healthy downside risk.