The Investing Game

 

 $5K - 52 Weeks - 20 Penny Stocks

One Winner!!

 Current Status (-$1,082.69)

Week - 5

 

There is Only so Much Oil in the Ground

 

Sooner or later there won't be much around

Tell that to your kids while you driving 'round downtown

That there's only so much oil in the ground

(Tower of Power-1975)

 

A quick Google search for the title will produce the lyrics. It’s a good read! I tried to post a link to the song in a FB group I joined. The group pertains to a stock in the alternative energy industry and one of the mods rejected the post. Now a moderated group can accept or reject what it pleases, I’m not going to make some irrelevant First Amendment protest. I did find it interesting/amusing that the moderator commented on the reason for rejecting my submission. He claimed that oil was a renewable resource and started he was an experienced expert in the energy field… Hmmm! I see. 

 

I want to say that again, “Oil is a renewable resource”! I find myself trying to picture dinosaurs and rain forests diligently trying to burrow into the deepest earth to somehow replenish the supply of petroleum. I suppose if you have twenty to fifty million years to wait around, oil could be a renewable resource. Somehow I don’t think that’s what he meant however. We may also consider the various industrial techniques which have advanced the production capabilities in the field of oil production. Hydraulic Fracturing, oil sands, coal conversion, there may be others. None are renewable sources, just more sophisticated extractions of a decreasing supply of hydro-carbon fuel stocks. No, I think I will stick with the original premise. 

 

“It's a fact of life - for what it's worth

Something every little girl and boy should know from birth

That there's only so much oil in the earth”

 

The original is available on YouTube or or other digital suppliers and I would recommend it for any serious audio collection. This online only version is just a lot of fun to watch!

 

 https://youtu.be/siMkukWkMQE  

 

________________________

 

So the project, after five weeks, is officially down by 20%! The overall market has been uninspired the past few weeks and that trend is amplified here at this end of the investing spectrum. I have a particular fascination with the lower end of my bracket. Of the thousand I’m down, most of it can be found there. StrikeForce (SFOR) tumbled despite some positive news on the debt front and a nice mention in a popular publication. I’m looking for a quick rebound on this one! About three weeks back Tesoro Enterprises (TSNP) did something called a reverse split. They changed their name to HUMBL, Inc. changed their symbol to (TSNPD) and merged their outstanding shares at 4:1. On 2/19 I had 185 shares at $1.07, that became 46 shares at about $4.28 after the move. The value remains the same but the apparent price goes up. It didn’t hold the higher price for long however but remains one I have positive projections on.  

 








14

Down-6

SFOR

1,470

$0.13

$190.51

-$102.02

-34.88%

15

Up-3

TSNPD

46

$3.22

$147.93

-$101.32

-40.65%

16

Down-1

FORW

265

$0.56

$148.95

-$102.80

-40.84%

17

Down-1

SING

5,000

$0.02

$122.00

-$126.75

-50.96%

18

Down-1

OZSC

860

$0.13

$107.50

-$141.90

-56.90%

19

NC

WHEN

55,555

$0.00

$99.99

-$150.01

-60.01%

20

NC

MGON

2,780

$0.03

$83.40

-$166.80

-66.67%

 

No changes at the top or bottom of the list. A few big moves to note. Strike Force (SFOR) skinned it’s knee this week and dropped 6 spots! Ouch.. (GPL) & (SLGWF) are up 4 and 3 places respectively! Well done teams, keep up the good work! Great Panther Mining is in what’s known as the basic materials sector. Just good old fashioned dirt diggers in a tech savvy world of bit miners. Also notable, they do not trade on the OTC market. This ticker is on the big board. I have noted a few small price mining companies on the New York Stock Exchange (NYSE). Slang Worldwide, Inc. occupies a more modern trendy niche producing cannabis based skin care products. Personally I view some of the cannabis derived health care claims with a bit of skepticism but I have used a hemp seed oil based hand creme myself with very good results. Maybe there is something there after all.  

 








Pos

Change

Symbol

Quantity

Last Price

Current Value

Total G/L Dollar

Total G/L Percent

1

NC

FUAPF

1,645

$0.21

$342.06

$97.61

39.93%

2

NC

IQST

315

$1.07

$337.05

$88.20

35.44%

3

Up-3

CYIO

445

$0.62

$275.90

$26.70

10.71%

4

Down-1

GRNH

7,800

$0.03

$269.10

$22.50

9.12%

5

NC

HITIF

405

$0.65

$262.96

$15.22

6.14%

6

Down-2

XPL

280

$0.92

$257.60

$9.24

3.72%

7

Up-3

SLGWF

545

$0.38

$207.10

-$43.60

-17.40%

8

Up-4

GPL

225

$0.82

$184.27

-$51.98

-22.00%

9

Down-2

SMME

5,555

$0.04

$194.42

-$55.56

-22.23%

10

Down-1

SHMP

320

$0.57

$183.98

-$68.64

-27.18%

11

Up-3

MMEDF

60

$2.79

$167.43

-$70.77

-29.72%

12

Up-1

REFG

4,165

$0.04

$168.68

-$72.29

-30.00%

13

Down-2

DFLYF

85

$1.93

$163.88

-$87.72

-34.87%

14

Down-6

SFOR

1,470

$0.13

$190.51

-$102.02

-34.88%

15

Up-3

TSNPD

46

$3.22

$147.93

-$101.32

-40.65%

16

Down-1

FORW

265

$0.56

$148.95

-$102.80

-40.84%

17

Down-1

SING

5,000

$0.02

$122.00

-$126.75

-50.96%

18

Down-1

OZSC

860

$0.13

$107.50

-$141.90

-56.90%

19

NC

WHEN

55,555

$0.00

$99.99

-$150.01

-60.01%

20

NC

MGON

2,780

$0.03

$83.40

-$166.80

-66.67%

         

$3,914.71

-$1,082.69