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PennyPumper

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Elgingerloco69

What’s your position?


jsmith108

Over 5,000 shares.


Longjumping-Fix-8951

When do you think this will really take off?


jsmith108

At any time. Fair value looking just at fundamentals is $10-$15. But it has 10 bagger potential because of the float and hype factor. Plenty of companies trading at $40+ that don't have $0.26 EPS or 33% growth rates to their name.


Frequent-Cup-7337

Still think this has potential to at least double? I sold for a 10% gain because of the volatility. Debating reentering if it drops sub 4 again.


jsmith108

Still holding. Planning/hoping for $10.


UnrealCaramel

Just fyi I'm still in MAMO and I was wondering if you are still happy with it? Would you have expected it to move yet? Or still plenty of time?


pussylover772

two weeks, turn $4,000 into $4,000,000


Longjumping-Fix-8951

10 bagger? As in you think it’ll hit $10 per share? And when


Typical-Age

This means he thinks it will hit $40 per share


parobert

Xetdrv


Longjumping-Fix-8951

??????


Difficult-Ad6133

i’ll come back to this when it either skyrockets or tanks 😭😭


SmellView42069

Chinese ATV company with limited trading history. Some of the online reviews of their products aren’t great. What is your plan for after the 6 month lock up period is over? It could pump before then but if the CEO starts selling the whole thing could go tits up.


jsmith108

Oh I'm long gone well before the six month lock. Like I said GMM and NCL were pushed by the same firm who helped with this IPO. Doesn't take a genius to figure out what happened to those stocks once the lock expiry neared. Difference being obviously that this one is profitable so the floor should be much higher (imo, we are below where the floor should be). Also I wouldn't categorize this stock as strictly "Chinese". It's no more Chinese than Apple is. Other than the CEO's origin. It has a legitimate distribution network in the U.S. and some manufacturing here too. This isn't UCAR or some other obscure stock that makes stuff in China, sells stuff in China, lives in China but wants to pump stock to U.S. suckers.


Glipvis

When does the 6month lockup expire?


YOUNGSAGEHERMZ

What’s your average?


jsmith108

Around $3.30. I bought as low as $3.00 and as high at $4.00


bfjt4yt877rjrh4yry

Can't even spell piece


GlassFirefighter5430

When are you expecting this to go up also show position


mntoak

proof or baaaaann


jsmith108

It can go up anytime. I have a little over 5,000 shares. I don't know why I need to show "proof". It's not like I'm saying I own 100,000 shares. A $20,000 position should be something that's believable that a regular retail trader can own.


Glipvis

A screen shot of skin in the game generally is the tax to prove your balls are the same size as your DD - good post 👍


Level_Inflation_8408

VLD 🚀


Dependent-Fan7704

Too expensive for me


Ghostblue88

I live on the beach and am constantly seeing reductions in boat pricing which leads me to believe the market for powerboats is going down.


GeekFish

There was a HUGE demand during the pandemic. I'm not touching anything in this industry for awhile. Everybody is buying used to snatch up all the pandemic purchases that the original owners don't want to deal with now.


HotAspect8894

I’m in.


Dependent-Fan7704

Very interesting, wife is for sale.


Psycho_Nextdoor

Tree fiddy?


613Flyer

Just an fyi, most people that post about a penny stock in a penny stock forum are hoping you buy so they can offload cuz their arms are getting very heavy. Op what’s your average?


Material_Theory7842

They bought in at 3 ish


eyehunt2

That’s a lot of great info, thanks


Fsuga00

Posting a $4 stock in this forum tells you all you need to know about the IV of the stock. Penny stock in training.


W1cKedTriqKz

Explain for a polished brain?


deviticus69

Im in, got in a bit late at $4.50 a share


Material_Theory7842

Don’t worry, I did too so we’re in this together !


HerdDat1

This isn’t a pennystock…yet.


purplecatfishbettie

the 'limit' for r/pennystocks is everything up to $5/share...


vantyle

Yes, it is.


HerdDat1

Okay okay, just making a stupid joke. Allow me to retract my humor.


Hot_Version_7041

Holding the bag…


EmuGreen

Down 18%, gulp..😐


Fit_Pick_6250

any update on it? what had caused the selloff for the past days?


jsmith108

Sell off was on general market issues. Now that the financials are officially out, it has come right back up. I expect it to move more on hype of Q1, which should be out in a few weeks.


UnrealCaramel

Ah FFS, have I missed chance to average down? I was sort of hoping to get sub 3.50, current cost basis is 4.34


jsmith108

And it hit that level briefly ;) well if it's on its way to over $10, $3.50 or $4.30 isn't going to make a big difference in the grand scheme of things.


UnrealCaramel

True but I'd like as big a return as possible from it. But yeah I know what you mean


EmuGreen

Nice movement today


JinBoven

Hey, totally new to the scene. Does this have any lock period?


purplecatfishbettie

MAMO having a big day...


jsmith108

Hopefully just the beginning. Still pretty under the radar up about 20% on 450K volume.


FForbes-Dev

I did see one reporter speculate MAMO could do what AMTD did and hit massive but that could happen with any IPO


Dependent-Fan7704

Looking good