High potential penny stocks

[JoFotoz]

Hi Marlin...Penny Stocks...
I play'em..its a gamble!

Lots of crooks ..lots of pump & dump....lots of B/S!

What happened to these two in early March...they both took big dumps?


The RV industry is consolidating...many going out of business.
The ones that remain may have a reasonable future..eventually!


jo

[don moore]

i like 2 miles from country coach and monaco........they are hurt bad ..they shut down the plant last month ..and have been in bank court trying to pay all the people they layed off...most banks wont cash the last paychecks ....they are hoping nav.. does buy them....me to i have a few friends that use to work there..

[Marlin]

i like 2 miles from country coach and monaco........they are hurt bad ..they shut down the plant last month ..and have been in bank court trying to pay all the people they layed off...most banks wont cash the last paychecks ....they are hoping nav.. does buy them....me to i have a few friends that use to work there..

I knew about the shutdowns after xmas, that's why their stock crashed and its a good deal. Having a business in luxury items, campers, atvs, boats, and so on is great, but they are the first casualties in a recession. Its a shame about the jobs, my dad's company had to let go several of their guys, they were senior guys, all of their juniors were already let go before xmas. They depend on the RV industry, they make the actuators that do all the Slideouts on campers and RVs. Same actuators that were on the old satellite dishes in the backyard before the minidish. They are picking up new projects for solar panel arrays, gotta be flexible to make it. My dad's company has been through these changes before, and planned ahead to save capitol, hence they are not bankrupt right now, wish they were publicly traded.

[JoFotoz]

FLTWE...closed 10.81%.....DOWN

MCOAQ...closed 33.33%.....DOWN


I trust that was you taking profit ,( at the very least initial stake back)...

... after the bounce of the bottom.


Hope none here purchased this morn!

[Marlin]

FLTWE...closed 10.81%.....DOWN

MCOAQ...closed 33.33%.....DOWN


I trust that was you taking profit ,( at the very least initial stake back)...

... after the bounce of the bottom.


Hope none here purchased this morn!

(if you did, just hold on to it...you will see.

No way man, I am still way up, almost 300% on fleetwood, and almost 300% on monaco.
Once again, we are back to the gambling concept, 100 dollars in a slot machine or blackjack is a way higher risk. Also, in stocks, the only way you lose it is when you sell it, unless the company goes away, so I don't mess with starter companies, too risky.

(Disclaimer:do not gamble with money you need, if it is your mortgage payment, car payment....don't spend it.)

[JoFotoz]

Good on Ya...BUT!

No way man, I am still way up, almost 300% on fleetwood, and almost 300% on monaco.
Once again, we are back to the gambling concept, 100 dollars in a slot machine or blackjack is a way higher risk.

A prudent "gambler" would recover his initial stake...at the very least.

Also, in stocks, the only way you lose it is when you sell it, unless the company goes away,

And as for not losing it...its yours NOW....RIGHT NOW...consider it money in the bank you can withdraw.


But...if the stock dumps again...ya've lost the gain...and maybe even the initial stake.


Thats my take...FWIW....dont get too greedy....

jo

[Marlin]

Good on Ya...BUT!
A prudent "gambler" would recover his initial stake...at the very least.

Not in the first 30 minutes he is at the Casino, plus I am not talkin about thousands, I am talking about 100 bucks, which is a tank of gas in my Expedition.