stocks in meltdown mode

[CRedskinsRule]

Originally Posted by mredskins

My BIL supposedly made a million dollars in his stock. He put $2k on ENZC and it grew by 50000%



My wife was telling me, I was just like ok.



Not sure I believe it

Looks like ENZC was selling at around 10 cents after opening in December and went up to 25cents yesterday. While that's great profit its not making a million dollars. You can always Google a stock ticker and see the chart of pricing

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[mredskins]

Originally Posted by CRedskinsRule

Looks like ENZC was selling at around 10 cents after opening in December and went up to 25cents yesterday. While that's great profit its not making a million dollars. You can always Google a stock ticker and see the chart of pricing

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He bought it at .0005 cents a share like a year ago, this is how the story goes. Like I said I don’t believe it.

[CRedskinsRule]

Originally Posted by mredskins

He bought it at .0005 cents a share like a year ago, this is how the story goes. Like I said I don’t believe it.

Pretty crazy if he did. I have bought some penny stocks, but I didn't think stocks could stay listed under a dollar for more than a certain time.

That would be winning the game right there.

[mredskins]

Originally Posted by CRedskinsRule

Pretty crazy if he did. I have bought some penny stocks, but I didn't think stocks could stay listed under a dollar for more than a certain time.

That would be winning the game right there.

I will report back in time, my guess it’s BS.

Let’s just say he is a very nice guy but he is no stock market ace. I was kind surprised he had $2k to put down to start.

Then as it grew over this past year he didn’t think to cash out ?

IDK

[CRedskinsRule]

Originally Posted by mredskins

I will report back in time, my guess it’s BS.



Let’s just say he is a very nice guy but he is no stock market ace. I was kind surprised he had $2k to put down to start.



Then as it grew over this past year he didn’t think to cash out ?



IDK

Well looking at the chart i would be more surprised he stayed in. It didn't grow at all until December.

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[mredskins]

Originally Posted by CRedskinsRule

Well looking at the chart i would be more surprised he stayed in. It didn't grow at all until December.

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Yeah, it was my interesting story of the week.

Said he bought when it wasn’t current with sec filings for .0003 a share, bought a million of them. Now it is on its way to Nazdaq he says. Had to buy it through e trade

[CRedskinsRule]

Originally Posted by mredskins

Yeah, it was my interesting story of the week.



Said he bought when it wasn’t current with sec filings for .0003 a share, bought a million of them. Now it is on its way to Nazdaq he says. Had to buy it through e trade

I would be curious what prompted him to by it?

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