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-   -   Penny stock that will be worth about 26$ in six weeks... (https://gfy.com/showthread.php?t=1019889)

xxxjay 04-25-2011 07:11 PM

Quote:

Originally Posted by GTS Mark (Post 18086972)
No offence Jay but that is pretty funny LOL! :thumbsup:1orglaugh

I thought it was too.:thumbsup

NetHorse 04-25-2011 07:15 PM

Quote:

Originally Posted by billywatson (Post 18086902)
The only real advice anyone should give/receive with these stocks: invest what you can afford to lose.

. :thumbsup

Houdini 04-25-2011 07:22 PM

Quote:

Originally Posted by xxxjay (Post 18086315)
I've bought 50K a few weeks ago and 50k last week. So, yes.

This doesn't make sense. The average daily volume for the past 30 days was 60,973 shares a day. The average daily price for the past 30 days was $0.10 http://finance.yahoo.com/q/hp?s=ORFG...torical+Prices

To buy $50K, at an average price of $0.10 cents and with the daily volume of 60,973, you would have needed to buy EVERY single available share 30,486 (since you can only buy half of what is traded), for over 16 days straight to buy $50K in stock, because you would have only been able to buy $3,048.65 in stock each day. That means for 16 days, no one but you bought any. Since you bought another $50K "last week," that means for the past 32 days, you were the ONLY buyer.

:2 cents:

lagcam 04-25-2011 07:45 PM

I think he is testing how stupid people are..... either to believe the scale of the purchases on such high risk stock or to blindly follow him in and give him his exit and profit.

ilnjscb 04-25-2011 07:51 PM

Quote:

Originally Posted by Houdini (Post 18087075)
This doesn't make sense. The average daily volume for the past 30 days was 60,973 shares a day. The average daily price for the past 30 days was $0.10 http://finance.yahoo.com/q/hp?s=ORFG...torical+Prices

To buy $50K, at an average price of $0.10 cents and with the daily volume of 60,973, you would have needed to buy EVERY single available share 30,486 (since you can only buy half of what is traded), for over 16 days straight to buy $50K in stock, because you would have only been able to buy $3,048.65 in stock each day. That means for 16 days, no one but you bought any. Since you bought another $50K "last week," that means for the past 32 days, you were the ONLY buyer.

:2 cents:

There was no block of 500k sold, and the price would have hopped if there was a large order. No broker would spread out a trade for so little commission.

96ukssob 04-25-2011 07:52 PM

Quote:

Originally Posted by lagcam (Post 18087109)
I think he is testing how stupid people are..... either to believe the scale of the purchases on such high risk stock or to blindly follow him in and give him his exit and profit.

http://eccstyle.com/blog/wp-content/...ntingSheep.jpg

That or he bought in for a few hundred/thousand and trying to pump up the stock by getting a few idiots here to invest a few thousand so he can sell and make $$.

xxxjay 04-25-2011 08:16 PM

Quote:

Originally Posted by Houdini (Post 18087075)
This doesn't make sense. The average daily volume for the past 30 days was 60,973 shares a day. The average daily price for the past 30 days was $0.10 http://finance.yahoo.com/q/hp?s=ORFG...torical+Prices

To buy $50K, at an average price of $0.10 cents and with the daily volume of 60,973, you would have needed to buy EVERY single available share 30,486 (since you can only buy half of what is traded), for over 16 days straight to buy $50K in stock, because you would have only been able to buy $3,048.65 in stock each day. That means for 16 days, no one but you bought any. Since you bought another $50K "last week," that means for the past 32 days, you were the ONLY buyer.

:2 cents:

Full disclosure: I bought the stock in a 50k block to the original private investment group at < .10 a share -- and then loaned 50k towards to company as a 90 day loan for operations at a very nice yield.

This guys have made a grip and cash over and over. They will do it again.

That being said, it's risky. I (you) could lose everything, on the flip side - you can make a shit-ton if you time things right.

I have a good feeling on this one. If you have some disposable income you'd like to turn into more I think it's a great opportunity.

xxxjay 04-25-2011 08:19 PM

Quote:

Originally Posted by wig (Post 18086968)
Go, Gary, go!

:thumbsup:thumbsup:winkwink:

lagcam 04-25-2011 08:30 PM

Quote:

Originally Posted by xxxjay (Post 18087147)
Full disclosure: I bought the stock in a 50k block to the original private investment group at < .10 a share -- and then loaned 50k towards to company as a 90 day loan for operations at a very nice yield.

This guys have made a grip and cash over and over. They will do it again.

That being said, it's risky. I (you) could lose everything, on the flip side - you can make a shit-ton if you time things right.

I have a good feeling on this one. If you have some disposable income you'd like to turn into more I think it's a great opportunity.

I am pretty sure you are breaking multiple laws in this thread. :2 cents:

Sunny Day 04-25-2011 08:31 PM

Going through the roof
 
I have a stock that's going to go through the roof any day now. I'd hold on, but have other investments to make. Contact me and I'll make you the proud owner of my 18,000 shares of Enron I bought at $.07 a share.

xxxjay 04-25-2011 08:33 PM

Quote:

Originally Posted by lagcam (Post 18087163)
I am pretty sure you are breaking multiple laws in this thread. :2 cents:

I don't know anything anyone else does or isn't public.

Research and decide for yourself.

Ayden Rush 04-25-2011 08:36 PM

It jumped over 100% in within the last 5 days. Sounds like we're in the "dump" stage of a text book pump & dump.

Sunny Day 04-25-2011 09:57 PM

Enron
 
My Enron shares were paid for a bonus I had no idea I was going to get, figured it was better than placing it all on the Roulette wheel for Red, to double my money.
hey, sometimes, you just have to take a flyer.
Actually Enron had some good assets, Bankruptcy judges are too quick to sell. Had they kept some assets, I could have walked out at $1+ a share.
Canadian gold stocks have bee a scam since at least World War II. Probably since the 1st gold strikes of the 1800's.
Salted Mines, Pump & Dump, or it doesn't matter how big the gold vein is next door, you can be sitting on a rock pile while all 4 sides of you are are sitting on gold veins.

merina0803 04-25-2011 10:03 PM

shorting now 250k

Adam_M 04-25-2011 10:14 PM

Swing of over 100% today, great trader for those with big balls!

Quote:

Originally Posted by merina0803 (Post 18087275)
shorting now 250k

Missed to boat of shorting by a year or two ;)

V_RocKs 04-26-2011 12:37 AM

I had a friend of mine ask me to buy hffp or hppf I forget which symbol. They came out with a diabetic drug made from a plant and owned the patent.

He invested $10K... basically his families savings at the time.

Two weeks later the big drug companies petitioned the FDA to shitcan the new drug and they did.

One second after that his $10K turned into about $700. I told him to sell and call it a lesson learned. He said, what is the point at this point? I am basically pot committed (poker reference).

Flash forward two months and his $10K was $24! It eventually went all the way to $7 and some change before it got de-listed.


But good luck!

JFK 04-26-2011 01:06 AM

A pump n dump happened to my ex bro in law. Classic case, he tried to get me to invest, he said he had the inside track, that these people were his friends and they would let him know when to get out. RIIIIIIIIIIIIIIIIIGHT...... he lost 10's of thousands in the stupid scheme, along with some other family members who were in on it. :2 cents:

Deputy Chief Command 04-26-2011 02:28 AM

take a look at the 2 year graphs ..

http://finance.yahoo.com/q/bc?s=ORFG...=on&z=l&q=l&c=

happened before to them .. they went all the way to 0.8

PSD 04-26-2011 02:38 AM

Some third party probably bought a bunch of stock, paid a bunch of penny stock newsletters to highlight the stocks "promise" will then wait a day or two for all the suckers to buy into it and then try to sell everything they bought for a profit. You can see who the penny stock newsletters are that pumped this stock today at the following URL:

http://www.pennystockrumble.com/penny-stocks/?p=1028

FuzzyDunlop 04-26-2011 04:02 AM

I put in a quick 1000 share limit order just for the fun of it...

FuzzyDunlop 04-26-2011 04:04 AM

Quote:

Originally Posted by xxxjay (Post 18087147)
Full disclosure: I bought the stock in a 50k block to the original private investment group at < .10 a share -- and then loaned 50k towards to company as a 90 day loan for operations at a very nice yield.

This guys have made a grip and cash over and over. They will do it again.

That being said, it's risky. I (you) could lose everything, on the flip side - you can make a shit-ton if you time things right.

I have a good feeling on this one. If you have some disposable income you'd like to turn into more I think it's a great opportunity.

Exactly, if you can't take the risk get out of the game...

- LOL - 04-26-2011 04:23 AM

Quote:

Originally Posted by vsex (Post 18086211)
stocks pulled.

:1orglaugh :1orglaugh

stever 04-26-2011 07:11 AM

should change the thread title to "penny stock that will be worthless in about six days"

strobi 04-26-2011 08:10 AM

dropped 25%

grumpy 04-26-2011 08:41 AM

weird site

comments on the left
*
1
lovely balls
*
2
u gon get peehole raped when this crashes

tranza 04-26-2011 08:47 AM

It's down 21% today...

Forest 04-26-2011 08:57 AM

SCLZ ftw!

remember you heard it here first

Jman 04-26-2011 09:04 AM

Quote:

Originally Posted by JFK (Post 18087439)
A pump n dump happened to my ex bro in law. Classic case, he tried to get me to invest, he said he had the inside track, that these people were his friends and they would let him know when to get out. RIIIIIIIIIIIIIIIIIGHT...... he lost 10's of thousands in the stupid scheme, along with some other family members who were in on it. :2 cents:

Yup and since it's a gold mine it's easy to find investors with all the big gold hype atm. For those who invested then best of luck on a big return.

teomaxxx 04-26-2011 09:37 AM

well, now we are at the dump phase.

MrMaxwell 04-26-2011 12:23 PM

The cool thing about pennies is that you can only lost 100% and you can make 1000s of %

The bad news is that 99% of penny tips are worth about a penny or negative whatever you put in

Think of it like playing the lottery

I always wondered how those penny predictor websites showed such great track records. I think I get it now. Even if the price goes way up, you probably can't sell down fast enough to realize the actual profit? Is that it?

LeRoy 04-26-2011 12:26 PM

Must be nice to have 100k in disposable income :thumbsup

Hope you make some serious coin on this Jay!

MrMaxwell 04-26-2011 12:39 PM

Quote:

Originally Posted by MrMaxwell (Post 18088920)
The cool thing about pennies is that you can only lost 100% and you can make 1000s of %

The bad news is that 99% of penny tips are worth about a penny or negative whatever you put in

Think of it like playing the lottery

I always wondered how those penny predictor websites showed such great track records. I think I get it now. Even if the price goes way up, you probably can't sell down fast enough to realize the actual profit? Is that it?

Only what? Lose?

L-Pink 04-26-2011 12:45 PM

Quote:

Originally Posted by MrMaxwell (Post 18088920)
Even if the price goes way up, you probably can't sell down fast enough to realize the actual profit? Is that it?

Bingo! The volume thus your ability to sell dries up fast.

qwe 04-26-2011 02:39 PM

23% down lol, people are so fucking stupid sometimes it boggles my mind

xxxjay 04-26-2011 02:47 PM

Quote:

Originally Posted by qwe (Post 18089333)
23% down lol, people are so fucking stupid sometimes it boggles my mind

BUY :thumbsup

lazycash 04-26-2011 03:33 PM

Oh the stories I could tell about cmkx.

Why 04-26-2011 04:23 PM

http://finance.yahoo.com/echarts?s=O...e=off;source=; i think says it all.

LiveDose 04-27-2011 11:10 AM

I have accounts at tradeking & Zecco. Both are very nice.

xxxjay 04-27-2011 02:17 PM

last 30 min this stock went up .90cents, wow. I think we have a winner.

merina0803 04-27-2011 02:20 PM

Quote:

Originally Posted by qwe (Post 18089333)
23% down lol, people are so fucking stupid sometimes it boggles my mind

:1orglaugh and folks laugh at shorts

Sean 04-27-2011 03:16 PM

all the cash jay is holding in my sig, he made in the market

newB 04-27-2011 03:19 PM

Quote:

Originally Posted by xxxjay (Post 18091720)
last 30 min this stock went up .90cents, wow. I think we have a winner.

You must mean nine tenths of a cent. Today it's high was $0.31 at open, with a low of $0.23, and closed at $0.29. In fact, the 52 week high is only $0.49.

Doing a bit more digging, Orofino Gold Corp (ORFG) changed it's listing in December 2009 from SNT Cleaning Services (SNTI), formerly SNT Networks Inc, formerly "Clean 'N Shine'.
http://finance.yahoo.com/news/SNT-Cl....html?x=0&.v=1

"SNT Cleaning, Inc., a development stage company, focuses on providing cleaning, detailing, polishing, and valet services for automobiles, recreational vehicles, vans, and trucks in the Westlock area. The company, formerly known as SNT Networks, Inc, was founded in 2005 and is based in Westlock, Canada."

As you must realize, a company that changes not just it's name but it's whole business model does not inspire a whole lot of confidence. From what I have seen, such changes are usually for the purpose of concealing their past performance.

ronin 04-27-2011 04:37 PM

Quote:

Originally Posted by newB (Post 18091915)
You must mean nine tenths of a cent. Today it's high was $0.31 at open, with a low of $0.23, and closed at $0.29. In fact, the 52 week high is only $0.49.

:2 cents::2 cents:

carzygirls 04-27-2011 04:46 PM

so who's the winner?

Kiopa_Matt 04-27-2011 04:50 PM

sorry, wrong thread

Kiopa_Matt 04-27-2011 04:55 PM

Quote:

Originally Posted by newB (Post 18091915)
"SNT Cleaning, Inc., a development stage company, focuses on providing cleaning, detailing, polishing, and valet services for automobiles, recreational vehicles, vans, and trucks in the Westlock area. The company, formerly known as SNT Networks, Inc, was founded in 2005 and is based in Westlock, Canada."

heh, Westlock... that's close to my stomping ground when I was kid. Was raised close to there. It's a shithole dive of a town with a population of 5000. Doubt any company there is going to begin bringing in the millions.

icymelon 04-27-2011 05:00 PM

especially if you have 2600 shares

thepiper 04-27-2011 05:08 PM

Quote:

Originally Posted by newB (Post 18091915)

"SNT Cleaning, Inc., a development stage company, focuses on providing cleaning, detailing, polishing, and valet services for automobiles, recreational vehicles, vans, and trucks in the Westlock area. The company, formerly known as SNT Networks, Inc, was founded in 2005 and is based in Westlock, Canada."

As you must realize, a company that changes not just it's name but it's whole business model does not inspire a whole lot of confidence. From what I have seen, such changes are usually for the purpose of concealing their past performance.


Thats a reverse merger. Old company goes out of business and becomes a shell that a private company uses to go public without having to do an IPO. The real story here is all the loans that are convertible to stock at $0.0075 (yes less than 1 cent). So whoever "loaned" the company $50k really bought stock at less than a dollar a share that can be sold under rule 144a.

DatingGold 04-27-2011 05:10 PM

Quote:

Originally Posted by xxxjay (Post 18086089)
I just put in 100k in it, that's how confident I am...

https://www.etrade.wallst.com/v1/sto...uSNpV5VCtRrmI=

ORFG

100k shares or $100k??

rowan 04-27-2011 07:02 PM

Quote:

Originally Posted by JCK (Post 18087528)

Interesting site. I remember 10 years ago I used to get a heap of penny stock spams. Someone on here mentioned a guy that set up a bunch of spam honeypots so he got as many of those notices as possible (and early since he had a lot of dupe addresses sitting in the mailout queue), which meant he had a good chance of buying into it at the very bottom of the climb. Genius. :thumbsup

I was thinking of coding something that tried to algorithmically figure out the best penny stock to buy (like pennystockrumble probably does) and then do an ongoing simulation of how much you could make, but that probably wouldn't work, right? The value of penny stocks would be heavily influenced by REAL purchases which you can't simulate? Still, interesting to think about. :thumbsup


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