High potential penny stocks

[Marlin]

Not sure how many of you follow stocks, but here a few good ones. Monaco(MCOAQ), which makes the big Coachmen RVs is probably gonna go well, I got in at 2.4 cents, and its gonna keep goin up, especially if International(Navistar) buys them out.

Another good one is Fleetwood(FLTWE), they make campers and modular housing, and they just signed a big contract with the Army to build barracks and probably will get the other contracts. I got in at .008cents on that one.
My dad works in the industry and subsequently keeps a close eye on the big companies, since it directly affects his company. Easy way to turn 100 bucks into a few thousand pretty quickly. Worst case, you don't make any money, these are huge companies that aren't goin anywhere, and so are not likely to close up shop and disappear.
Just thought I would share, kind of a hobby of mine.

[crager34]

I swear I am going to call you someday.

[JoFotoz]

Hi Marlin...Penny Stocks...
I play'em..its a gamble!

Lots of crooks ..lots of pump & dump....lots of B/S!

What happened to these two in early March...they both took big dumps?


The RV industry is consolidating...many going out of business.
The ones that remain may have a reasonable future..eventually!


jo

[don moore]

i like 2 miles from country coach and monaco........they are hurt bad ..they shut down the plant last month ..and have been in bank court trying to pay all the people they layed off...most banks wont cash the last paychecks ....they are hoping nav.. does buy them....me to i have a few friends that use to work there..

[Marlin]

i like 2 miles from country coach and monaco........they are hurt bad ..they shut down the plant last month ..and have been in bank court trying to pay all the people they layed off...most banks wont cash the last paychecks ....they are hoping nav.. does buy them....me to i have a few friends that use to work there..

I knew about the shutdowns after xmas, that's why their stock crashed and its a good deal. Having a business in luxury items, campers, atvs, boats, and so on is great, but they are the first casualties in a recession. Its a shame about the jobs, my dad's company had to let go several of their guys, they were senior guys, all of their juniors were already let go before xmas. They depend on the RV industry, they make the actuators that do all the Slideouts on campers and RVs. Same actuators that were on the old satellite dishes in the backyard before the minidish. They are picking up new projects for solar panel arrays, gotta be flexible to make it. My dad's company has been through these changes before, and planned ahead to save capitol, hence they are not bankrupt right now, wish they were publicly traded.

[JoFotoz]

FLTWE...closed 10.81%.....DOWN

MCOAQ...closed 33.33%.....DOWN


I trust that was you taking profit ,( at the very least initial stake back)...

... after the bounce of the bottom.


Hope none here purchased this morn!

[iamironman]

Didn't somebody jack a thread last month with a hot penny stock tip

well I didn't "jack" a thread... it was my thread I think. But I could be wrong.


I made $9k 0n EESO a few months ago... that's what I paid for the engine swap with... and a nice vacation.
I'm in two now that went stagnant.... TNRI is one... but I got in at .0001.... 2m shares... $200.... the only thing I can lose is the broker fee. ($16)...

You never knowwwww....




_________________

[Marlin]

Ha Ha ha, you don't lose anything until you sell it. I still have both, the monaco and the fleetwood. Fleetwood is restructuring and their plants open soon. Monaco is in the process of selling some stuff. If you read my post originally, it hinges on the economy, one day people will buy RVs again, they are the biggest producers of RVs next to Lippert Components. So when RV sales restart, so will their stock. By your logic, Alcoa, which is THE LARGEST aluminum producer in the world, which normally runs at 30-40 bucks a share, is only at 11ish right now, you should sell it if you have it. No, I do not think so, cause they too require builders to build something, which requires buyers to buy something.
I will hold onto my stock, not concerned about the 100 bucks, and wait, it will either go away, or one day make money.
Thanks for bringing it back up.......Dick

[JoFotoz]

Hi Marlin

I agree..the economy will dictate the RV industry recovery....its 65% down..and will suffer for several years IMO.
There is a HUGE nationwide inventory of new and almost new RV's...all at heavily discounted prices.
This doesn't bode well for the manufacturers any time soon.

But I was in no way suggesting you sell now...

....and I'm not sure where you got that idea.

In fact...at these depressed share prices....buying a few and stashing it away for several years may well be a good gamble.


My original chat with you on this was simply to put my point of view on OTCBB profit..

And my view is....TAKE PROFIT when its there.

(A bird in the hand...!)

Saying "you don't lose till you sell" never made sense to me...

Its down 90% plus..that's a loss IN REAL TERMS over what you could of had.






jo

[Marlin]

Hi Marlin

I agree..the economy will dictate the RV industry recovery....its 65% down..and will suffer for several years IMO.
There is a HUGE nationwide inventory of new and almost new RV's...all at heavily discounted prices.
This doesn't bode well for the manufacturers any time soon.

But I was in no way suggesting you sell now...

....and I'm not sure where you got that idea.

In fact...at these depressed share prices....buying a few and stashing it away for several years may well be a good gamble.


My original chat with you on this was simply to put my point of view on OTCBB profit..

And my view is....TAKE PROFIT when its there.

(A bird in the hand...!)

Saying "you don't lose till you sell" never made sense to me...

Its down 90% plus..that's a loss IN REAL TERMS over what you could of had.






jo

Ok, I misunderstood what you said, I get it now. I will hold on to the stocks, and you are quite right about the "it might be awhile". At least after the current administration probably.
Have a good one,
Chris