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Nice digging, man. You've definitely found some interesting ones outside the usual pump-and-dump stuff here. With pennies, I always lean towards anything that shows some actual business fundamentals, however small. ZDGE's profitability and dividend definitely make it stand out among these. RSSS also sounds like it has some real legs. Good luck with your watchlist!
My watchlist and buy ins today were MGOL, CYN, AISP, DCGO, RSSS, SATL, BFRG, BBAI, and then went in on OCEA. Guess who went all in totally pussed out and sold everything for technically a loss pretty much before 9AM when every stock ended the day between 10-100%. Every possible thing that had to for millions and millions of years recreated for me to sit on my ass and eat crayons all day.
There’s a place for penny stocks with cash. The ones that need to raise capital every 6 months will be in big trouble. The downturn has crushed liquidity of course and this end of the market will not rebound as fast. I hold some RSSS which does over $30mm revs roughly break even and $10mm in cash. It has a $7mm/yr biz line growing 30% a year with proper software margins of more than 80% in that biz line. Solid company worth a look. Good luck.
Small caps have been shit. My biggest mistake of the year, I bought some small-caps value to guard against losses from the 2020 huge runup. Those picks just sat there while the market went up around me. I had RMR, PETS, RSSS, PATI, and some other small caps value trash.
$RSSS $30mm revs, breaks even, $11mm cash on hand and new CEO is a roll up guy. Services biotech and drug companies’ research efforts. I’m long and expecting acquisition announcement in near term (maybe as soon as earnings call on 9/23). Worth a look and prob limited downside. Of course, not financial advice and perform your own due diligence.
I like BBIG also and imho will be a multi bagger sooner than most might think. Investment community will look more and more to large markets with increasing middle class like India given the uncertainty in China created by the CCP. I don’t touch mining stocks (been there, done that and lost too consistently). I’m also reluctant to invest in drug/biotechs that have a single product in development or testing with no others that are approved and producing revenues. Too binary the “all or none” approach of going parabolic or being worth zero. I am committed to growth in the healthcare space and like $RSSS which services all the drug and biotechs while being more agnostic as to any company’s success. Already $30mm revs, breakeven w $11mm cash on hand. Crown jewel is its unit w a $5mm run rate that has 80% margins growing ~35% yr. Seems like they’ve been promoting it gently of late with some press releases and the CEO installed start of year is an experienced acquirer/roll up CEO who is expected to announce accretive acquisitions soon. Def worth a look if you want exciting but safer biotech exposure. Not financial advice just one random dude on the interweb’s opinion. Good luck!
RSSS 80% margin SaaS subscription “Google” for biotech/pharma/healthcare research. New CEO focused on faster growth organically and via accretive M&A. Not much promotion ever but could be changing with new CEO. https://www.prnewswire.com/news-releases/research-solutions-unveils-article-galaxy-version-3-0--in-a-time-when-rapid-scientific-research-is-crucial-301354350.html Do your due diligence, not intended as financial advice. Disclosure- I am long the stock.
You have any RSSS??
Nah. Too many pump and dumps burned people on the forum. Folks move on. I’m in $RSSS which looks ready to run imho. Poised to ⤴️ as roll up play and they’ll need a strong stock to make acquisitions appealing. The CEO stepped aside to let Board member take over as CEO. New guy is serial business builder and roll up guy with proven track record. Compare how he sounds on an earnings call to the founder CEO and you’ll be excited too. They’re available on company’s website. Then, another private equity guy added to the board a week after the interim CEO took over. With $11mm in cash, a biz that’s breakeven w $30+mm in revs ($5mm of which is in SaaS product w 80% margins growing 30%), a debt free clean balance sheet and a new focus on growth and acquisitions, they plan on structured acquisitions so not just printing stock like water diluting us. Also, With major sellers out of the trade first quarter, any overhang of stock has long been exhausted. Take a look - Seems to be poised to 🚀 finally and I’d expect an acquisition or two to be announced in the near future. Yah, I’m long!
$RSSS Start your May with a Run-up ⤴️ into earnings...AND THEEENNN.... Check my full post on this and the TWO catalysts that will make this run in May!!!
RSSS new forward path w cash better than a shell?? 🤔 RSSS anyone? Break even biz w $10mm cash just announced new board members and CEO from the PE investment community to focus on growth acquisitions. I’m long but wondering if the expert community thinks this will finally take off after lagging the market terribly last 12 mos. Thoughts appreciated.
RSSS new forward path?? 🤔 RSSS anyone? Break even biz w $10mm cash just announced new board members and CEO from the PE investment community to focus on growth acquisitions. I’m long but wondering if the expert community thinks this will finally take off after lagging the market terribly last 12 mos. Thoughts appreciated.
It's vague for sure, especially since they seem to contradict themselves throughout, sometimes saying equal treatment, other times talking about preserving round lot holders. When companies have done reverse splits preserving round lots in the past, they seem to handle it in one of three ways: 1. Everyone who has even 1 share pre-split gets 100 shares post-split. You spend $0.07 and get $525. This happened with SEED in 2018, but this is incredibly rare. 2. Everyone who has 100 or less shares pre-split gets the same number of shares post-split. Best value here is to buy 100 shares for $7 total and get $525. This how RSSS, SLNN, and AHRO described the terms in their filings (see Google Sheet for links: [https://docs.google.com/spreadsheets/d/1fXRL0ztixOdP\_zE8PfHr0jh5EjQzyuui4HoaoKrO0x0/edit#gid=0](https://docs.google.com/spreadsheets/d/1fXRL0ztixOdP_zE8PfHr0jh5EjQzyuui4HoaoKrO0x0/edit#gid=0)). 3. Everyone who has 50 shares POST-split gets 100 shares post-split. In SING’s case, this means anyone with 3750 pre-split shares would get 100 shares, so a $263 investment returns $525. This happened with $SLPC and $DLCV (see Google sheet). $SING is being vague, and there's still a good chance they don't preserve round lots after all. But given the potential big payout, I'm going with option 2 and buying 100 shares. If option 1 happens, I still get a 3/4 share round up with low risk. If option 3 happens, I might get nothing, but I'm only out $7. Hopefully they'll clarify before the ex date. I wrote up my thoughts here: [https://reversesplit.substack.com/p/sing](https://reversesplit.substack.com/p/sing) Ongoing coverage on Twitter, ReverseSplitArb.
It's vague for sure, especially since they seem to contradict themselves throughout, sometimes saying equal treatment, other times talking about preserving round lot holders. When companies have done reverse splits preserving round lots in the past, they seem to handle it in one of three ways: 1. Everyone who has even 1 share pre-split gets 100 shares post-split. You spend $0.07 and get $525. This happened with SEED in 2018, but this is incredibly rare. 2. Everyone who has 100 or less shares pre-split gets the same number of shares post-split. Best value here is to buy 100 shares for $7 total and get $525. This how RSSS, SLNN, and AHRO described the terms in their filings (see Google Sheet for links: [https://docs.google.com/spreadsheets/d/1fXRL0ztixOdP\_zE8PfHr0jh5EjQzyuui4HoaoKrO0x0/edit#gid=0](https://docs.google.com/spreadsheets/d/1fXRL0ztixOdP_zE8PfHr0jh5EjQzyuui4HoaoKrO0x0/edit#gid=0)). 3. Everyone who has 50 shares POST-split gets 100 shares post-split. In SING’s case, this means anyone with 3750 pre-split shares would get 100 shares, so a $263 investment returns $525. This happened with $SLPC and $DLCV (see Google sheet). $SING is being vague, and there's still a good chance they don't preserve round lots after all. But given the potential big payout, I'm going with option 2 and buying 100 shares. If option 1 happens, I still get a 3/4 share round up with low risk. If option 3 happens, I might get nothing, but I'm only out $7. Hopefully they'll clarify before the ex date. I wrote up my thoughts on substack: [https://reversesplit.substack.com/p/sing](https://reversesplit.substack.com/p/sing) And ongoing coverage on Twitter: [https://twitter.com/reversesplitarb](https://twitter.com/reversesplitarb)
It's vague for sure, especially since they seem to contradict themselves throughout, sometimes saying equal treatment, other times talking about preserving round lot holders. When companies have done reverse splits preserving round lots in the past, they seem to handle it in one of three ways: 1. Everyone who has even 1 share pre-split gets 100 shares post-split. You spend $0.07 and get $525. This happened with SEED in 2018, but this is incredibly rare. 2. Everyone who has 100 or less shares pre-split gets the same number of shares post-split. Best value here is to buy 100 shares for $7 total and get $525. This how RSSS, SLNN, and AHRO described the terms in their filings ([see Google Sheet for links](https://docs.google.com/spreadsheets/d/1fXRL0ztixOdP_zE8PfHr0jh5EjQzyuui4HoaoKrO0x0/edit#gid=0)). 3. Everyone who has 50 shares POST-split gets 100 shares post-split. In SING’s case, this means anyone with 3750 pre-split shares would get 100 shares, so a $263 investment returns $525. This happened with $SLPC and $DLCV (see Google sheet). $SING is being vague, and there's still a good chance they don't preserve round lots after all. But given the potential big payout, I'm going with option 2 and buying 100 shares. If option 1 happens, I still get a 3/4 share round up with low risk. If option 3 happens, I might get nothing, but I'm only out $7. Hopefully they'll clarify before the ex date. I wrote up my thoughts [here](https://reversesplit.substack.com/p/sing). If you want to track this, [I'll be covering it on Twitter](https://twitter.com/reversesplitarb).