The Investing Game
Posted by OtterMan on Sat, 07 Aug 2021
$5K - 52 Weeks - 20 Penny Stocks
One Winner!!
Current Status (-$3,359.73)
Week - 25
Current Status (-$3,245.93)
Week - 24
behold the bounty that is the dawn, unbound by promise, yet ripe with expectation
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I wrote that, that’s my jam you know, I come up with a good line thinking I should do something with it and … pfft! It’s been laying around collecting dust for a few years, I stumbled across it and decided to finally put it to use. I worked an off hours, eleven hour overtime weekend shift last week and had no capacity for doing anything productive afterwards. Went in at 6 pm and got home at 5 am the next day. I used to bounce back from that sort of thing in days gone by. This time I could barely write my name for three days.
It’s been an interesting couple of weeks in several aspects. There was a stray/feral kitten scampering about between the building complex I work in and the adjacent construction site. Someone was able to corral him and I ended up bringing him home to join the rest of our merry band of fur pals. (after a quick trip to the vet) We have been looking to trade in our car on something newer for a month or so and following a few false starts, finally pulled the trigger on a shiny new Buick! I usually prefer lightly used but the pickins have been slim in the used market and the deal was excellent on the new leftover so here we are.
Kittens, new cars, penny stocks.. All unbound by any promise yet ripe with expectation! (whew!) Bit of a long road to get there but I did it. The car may be an outlier, but tiny abandoned kittens and unloved little stocks will always have a soft spot in both my heart and my head. Hey, you never know where the road will lead, maybe I’ll plant a fruit tree next.
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So let’s catch up on the portfolio doings! Draganfly announced an uplist to NASDAQ and actually followed through the very next week. You’ll notice the symbol change from (DFLYF) to (DPRO) on the list. There was a five to one reverse split to push the share price over $6 where it remained for about all of ten minutes… Dropping 3 places and closing at $3.80 that week for a riveting loss of $48, or 43%! That may be a one week record, actually I’m sure it’s a record, I’d remember something like that. Naturally the first thing I did was buy the discount in my more conventional portfolio. That’s an obvious opportunity, drops like that don’t last. Up 1 spot this week with a very slight gain, I will probably grab a few more shares in the future, I like this one.
Smartmetric (SMME) led the way in the gains for week 24, up $11 and two positions for an almost 17% bump. Back down 3 spots and a loss leading 26% tumble this past week. Not the biggest dollar loser however, that honor goes to Iqstel (IQST) who gave up $24 after making an announcement of securing a contract with a fortune 500 company. Because that’s how things roll with this bunch! Had they announced a bankruptcy the price would have probably doubled overnight.
The big news of the week is my little micro-penny buddy World Health Energy Holdings (WHEN). The answer to who’s been holding down last place for how long? WHEN’s been in last, who’s on first and I don’t know what happened but a 40% gain of $11.11 boosts it 3 places to NOT IN LAST!!! I may send them a card, but where?? For who, for what? Wow..
Well, I think that’s enough alliteration for one week.
Week -25
Week - 24
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