The information on this Website is not reliable and not intended to provide tax, legal, or investment advice. Nothing contained on the Website shall be considered a recommendation, solicitation, or offer to buy or sell a security to any person in any jurisdiction.
CEO.CA members discuss high-risk penny stocks which can lose their entire value. Only risk what you can afford to lose.
@DJSSheesh is right, @SASKEXPRESS. Thankfully I already have a decent position but I came away from MIF determined to add to it and have nothing to show from my many attempts. It's been either hit the ask (which I obviously should have) or watch it move away...
click to invite
@DJSAll my other post MIF bids and sells have been filled, but not $VTT.
click to invite
@Tglad i spent the majority of my cash accumulating this in the low .20's . have a high conviction on this one.
click to invite
@Moose_pastureMy average is 0.21 but I'd like to add more before drilling starts.
click to invite
@EvenPrimeI'd like to introduce an idea!
We are almost half way through the year, and the Sell in May
and Go Away thoughts may be present in the mind. If you are in the Stock Picking Contests,
Id like you to write about how your picks have performed. Why you made the decisions you did,
and what worked/didnt work out.
*Make sure you use the $ to identify the ticker
I think we could all learn from reading about everyone else's experience.
I'll go first:
Sitting 8th Place in #StockPickingContest (out of 146 people) woot woot
$TK up 180% (Will > 200% next week I wager)
$NRN up 18% (The guys in the channel will kill me for saying this, but ... blah! Im bored )
$VTT up 45% (The ship left port last week, can still see it from shore though, but not for long)
Sitting 5th Place in the #SafestStockPickingContest (out of 28 people)
$NXE up 37% (Sold all my shares last week to make room for an IPO and bought more $TK - I'll be back asap)
$SBB up 87% (I have a lot in this but I think I will sell half soon. I stress because its a binary play, although I do believe it will succeed)
$IDM up 3.5% (A lot of warrant expiring over last week if I recall. Should grow legs soon but I watch from the bench)
Sitting in 40th Place in the #BonusPickShowDown (out of 58 people) *Homer face palm - dough
$WHN down 10% (Damn it - absolutely nothing going on!)
* I chose $NRN in the one contest for the same reasons I chose $IDM in the other.
I did believe at the time they were under-valued and would provide a solid
20-30% over the year end. $IDM sure has their work cut out for them share structually speaking
but I reckon we'll see some action in the next few weeks.
Ironically, I own every stock except $NRN and $IDM,
as I sold them last December and August respectively.
With $WHN in the #BonusPickShowDown, I admit it really was a chance play. Although I wouldnt consider
them under-valued at the time, I did believe that with another drill season, they'd get that share price
active again. I am wrong so far, and the channel is all but dead. I just thought Gren might have had something
up his sleeve and I wanted to bet on it.
@Vaughan@EvenPrime, re the #StockpickingContest. I ain't sitting so pretty right now (59th), but my convictions remain. I think they all have a lot more upside for 2017. Im an amateur, and my price targets are pretty worthless (garbage in garbage out). But here it goes
$VTT because I think management will deliver on the gameplay, being to get bought out, and I still feel there is a chance this will happen in 2017 (300%+ from here). $PNN because they have great potential with their Albanian property. They are still a conviction buy for me, especially at these levels, as I feel the board of directors is stocked in our favour (Wadsworth, Hydrie, and now Sergeant IV) (500% plus from here). $RYR has a ton of potential.Properties in Columbia still being explored and the new properties in Nicaragua were a great addition as well. $RYR is here for the long run and at about a $2 million dollar valuation, how can you go wrong.
@DecNefTrades$VTT is setting up beautifully - still some time left for this to high base under resistance before the inevitable breakout. Really the only question is where does it trade to once it breaks - as the gap is massive and will act like blue sky. $CGP also experieincing a very common pullback on initial breakout from previous flag breakout.. I am always cautious the initial breakout, buy the re-test big and go all in on the secondary breakout. $GGX is my most certain breakout trade today; this is where my money is going at the moment.. I will take profits in the mid twenties and rotate into $VTT and $CGP - that's my game plan anyways.
@wolffMy Portfolio - $AUG 20% - great gold explorer with about 60000M of drilling on 12 great targets this year - $NXE 10% - best deposit in the U space, $MGA 10% (arbitrage play on NXE) and $PTU 10% - (the next NXE), $CGP, $TK and $VTT 10% each (currently followed by many on this board), $FNC and $HER 5% each as longer term value plays and long shot $NRN 10% -- Have sold most NXE TK and AUG holdings near peaks - but will buy back more NXE and AUG as low risk - good reward plays when NRN rises over the next couple of months and I sell most of it off. Waiting for VTT to take off as well
@chatyak$VTT needs to hurry on up.... got an engagement ring to buy with partial profits. Should open the box and propose with a shiny pebble of zinc - courtesy of the smart folks down under. Bring on the $0.40s and 12-15MT. Maybe if we all think positive thoughts together at once now. Even sold a chunk of silver today. Faith in VTT... Have to keep hitting ask..
click to invite
@chatyakJust my (out loud thoughts) here... if this bounce (maybe) in gold/silver is a bit weak-ish relative to the USD cycle low... along with GDXJ issues - it's likely the metals take a plunkeroo into June/July - meanwhile zinc and the newsflow over summer from VTT picks up (or hot plays like ADZ). Off base?
@engineerI did buy a whack of SPY puts yesterday after I lightened up on some positions to hedge against markets going down. They have been too calm for too long, but if selling on market continues for a few more days, I'll be selling the puts and re-allocating back to -> $CDB$TK$VTT$CGP. My thought is that our miners are likely to take hits as well with market sentiment poor as people raise cash. Some food for thought: https://www.youtube.com/watch?v=w0Oz2R0u4VM&t=0s+
@Verhoeven@BS Looking at the faults I was thinking your insights might also be interesting for Vendetta's $VTT copper gold anomaly which they found? If not possible related to depth / surface exploration, then thank you anyhow for the $TK work!