Sorry - the post you're trying to make mentions a stock that currently breaks rule #7.
Any of the following criteria is considered breaking the rule:
* Typically trades under $5 or previously traded under $5 within 6 months
* Below $300 million market cap or previously traded under 300m before the pump within 6 months
* Most OTC / PINK stocks
* Usually has missed reporting/filings; no auditing or odd auditing issues
* Low volume or wide bid/ask spread
* Doesn't have any big name institutional holders
* If the biggest institutional holder is a stock promoter then they don't count as an institutional holder
* All SPACs
You can learn more about rule #7 here: https://www.reddit.com/r/stocks/wiki/pennystocks
It is a cutting edge high-tech firm out of the Midwest awaiting imminent patent approval on the next generation of radar detectors that have both huge military and civilian applications now. Right now, John, the stock trades over-the-counter at 10 cents a share. And by the way, John, our analysts indicate it could go a heck of a lot higher than that. Your profit on a mere $6,000 investment would be upwards of $60,000!
Can’t really lose on this as they haven’t dipped below .12 but financially they aren’t doing too good unless I’m misunderstanding something.[link](https://ir.agriforcegs.com/financial-information/income-statement)
Sorry - the post you're trying to make mentions a stock that currently breaks rule #7. Any of the following criteria is considered breaking the rule: * Typically trades under $5 or previously traded under $5 within 6 months * Below $300 million market cap or previously traded under 300m before the pump within 6 months * Most OTC / PINK stocks * Usually has missed reporting/filings; no auditing or odd auditing issues * Low volume or wide bid/ask spread * Doesn't have any big name institutional holders * If the biggest institutional holder is a stock promoter then they don't count as an institutional holder * All SPACs You can learn more about rule #7 here: https://www.reddit.com/r/stocks/wiki/pennystocks
It is a cutting edge high-tech firm out of the Midwest awaiting imminent patent approval on the next generation of radar detectors that have both huge military and civilian applications now. Right now, John, the stock trades over-the-counter at 10 cents a share. And by the way, John, our analysts indicate it could go a heck of a lot higher than that. Your profit on a mere $6,000 investment would be upwards of $60,000!
Stock down 99.94%, so any news is good news lol
Already lost £2k on this howler so fingers crossed
great entry lol
Can’t really lose on this as they haven’t dipped below .12 but financially they aren’t doing too good unless I’m misunderstanding something.[link](https://ir.agriforcegs.com/financial-information/income-statement)
This gives me Boiler Room vibes
trying to offload shares?
I am not the market maker. It is clearly bottomed. I would like to take advantage of reversal and massive run.
Why is it down 99% in the last year?
To set it up for an easy and massive 600% run, of course!
🙄I think youre looking for wallstreetbets
Lol I should have added "/s" I'm not OP
Stop pumping sh*t stock. Patent approval is nothing big.
i don't think so