Penny stock a friend turned me on too: $MLYF - Western Magnesium Corporation Their upside is they own a new environmentally friendly technology for producing magnesium. Currently China produces 86% of the worlds magnesium. Magnesium is one of the metals on the critical minerals list and Western Magnesium will produce magnesium only in the US. I bought a bunch of shares at .10 a couple months ago, and they are now .20. I know almost nothing about trading, but they have been making moves towards getting into production and are close to taking orders. They are setting up an office in DC as well, I'm assuming to seek government contracts once they are ready go. You guys might check them out. Here is a recent article: https://www.proactiveinvestors.com/...ategic-commodity-to-the-usa-933167.html?SNAPI
It's private "Non-Brokered". What avenue do we take to invest? Sounds like you have to buy a investment note?
I bought shares on TD Ameritrade. Calling myself a novice at this would be flattering myself honestly. A friend bought his shares on Robinhood I think.
I put an order in. Yes they will cover on Monday morning. Small buy 1000 shares. But why not? I spend more than that at the casino when i go.
$TRCH hit $10. Tomorrow is the day you have to get the shares to qualify for the DIVIDEND (then hold for 2 days), so I'm thinking big volume and another spike up, then it will crash down as the dividend is paid out.
Took a small hit as people sold off, but we're back in business. Up 10% for the day, thanks to $TRCH. I'm also FINALLY green on $FUBO. Let's fucking go! $TRCH +69% $BBIG +13% $FUBO +8% $AMC -7% $BCTX -7% I sold off a little $FUBO and bought dips in $SOS (cryptominer) who is using hydroelectricity for mining, they are apparantly moving operations to Wisconsin as China is banning mining. Also bought some more $NAKD as it is only 63 cents and hopefully only goes up.
$TRCH $11.70 Edit: it's fallen since then after they announced an extra $150 million offering right after the momentum was going up.
Good day with the exception of $TRCH, I'm guessing its being attacked by the shorts right now to drive the price down and scare everyone into selling. Just holding steady, but fuck, its gone back to $4.88 after being at 11+ 2 days ago, but the shorts have to cover by tommorow I believe.
$TRCH --> $MMAT Reverse Split. Its fallen a bit, I bought some more this AM when $MMAT dipped in the $7.8 range, but its going up again. Still wondering how much the Dividend will endup being. Not worried about the dip in price, confident it will go up. Today's winners so far: $ITRM- +16% $AMC- +9% $WISH- +6% Loser: $MMAT- -17%
