
$EVRM up 900% sitting @ .0010 This has hit .0018 today
why are u trading these
Easy Money...Cause I know about the cannabis industry. I also know that Nevada is going to fire up there Rec sales 3 months early, which 1 mil live there and 40-60 mil come to visit and will buy. This puts huge strains on greenhouses and companies in Vegas such as MCIG
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are u pumping?
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For those of us who do dabble in sub-penny stocks can tell you that they RARELY if ever pop to $0.50/$1 in a single day of trading. Not to defend the fact that I ever short them because I do not lol. That being said, if a sub-penny stock jumps from less than a penny to $0.50-1, it would surely result in the trading of the stock being suspended because of some sort of market manipulation and more than likely a return of your investment. Your possible prediction of a "famous sponsor" to increase a
stock by +5,000-10,000% is just naive. I think your overall point though in that sub-penny stocks are very volatile and it should be taken with caution when trading them is very supportive and is why I ALWAYS use a stop limit on quote when trading them.
@TheBULLet Naive? A ProfitLy member in chat last June was bragging about sub-penny stocks. He had manage to short $800 worth (where he found the shares to short is beyond me.) The shitty company has a patented piece of tech that just happen to be of interest to a Java Programming Company. Just the rumor of the company's interest in it cause the stock to jump to 47¢ in 5 minutes. He lost the $3000 he had in his account, and owes $187,000 to his broker. Shorting a sub-penny stock is insane, period
I don't disagree with you at all, in fact I agree 100%! I've shorted a sub-penny stock twice when my account was significantly smaller & I was mildly successful each time. But when I did I executed them, I called my broker and they allowed me to do a buy-stop order to insure my position would be covered if the stock jumped +5%. I'm not in to shorting any stock under $0.50 anymore but I do believe if the orders are executed with precision and accuracy then it can be done successfully.
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I hope the + news on these stocks "trumps" the negative news. I've made a lot of money on sub-penny stocks but to be honest since when in the sports industry news (ESPN) has cannabis been mentioned as an ok product to use for "pain"??
that said....if there is short term gains to be made, awesome! Go for it!!
Im pretty sure the CBD drinks contain zero chemicals that get you "high", I have seen cbd dog and cat treats on amazon
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