This stock is being promoted. it is in a hot industry but has no fundamentals of any kind. It is a pump and dump but that's okay because if you know the patterns and are quick you can extract profits again and again from turds like this one. Don't believe the hype. These are trading vehicles, nothing more. Invest in them and you will learn the hard way when they dump 80% on you in one day.
investing in penny stocks is for dummies. Trading penny stocks is the only way to get ahead other wise you are much better off buying legitimate stocks priced above $20 per share with 500k+ volume a day and positive earnings and earnings growth. Penny stocks are garbage. I don't mean OTCBB stocks but also stocks like PRAN which are priced under $10. Biotechs are pure lotto ticket plays if you hold them, aka gambling.
PRAN is one of these crazy low float biotechs. It's now heavily shorted and regardless of what happens with the company the short sellers will need to cover to collect their profits for betting correctly. Thats where bounce players like myself come in and can scalp a quick bounce trade for big profits.
BIOF is up a lot but the pattern says more to come. We trade these kind of volatile stocks for a living. We have done so for a decade. The patterns are real and allow astute traders to extract big profits at the expense of all the suckers.
PLUG had huge volatility and plenty of liquidity to get in and out with large size. There is no reason to be over nighting one like this. Just trade it and take profits when they are there. The patterns are tradable you just have to stop being a lemming and think trading is going to come easy. it takes time and effort which is why 99% of people fail at the expensive of the 1% who take all the other suckers money.
Stocks like REED sell off big ll the time. the computers slam these stocks now a days when they miss numbers because that is how they can make a lot of money quickly. The always over shoot and this mean reversion allows smart traders to profit. Picking bottoms is for suckers. Instead catch the knife for a few minutes to an hour and then stab the next guy in the heart.
We trade these types of stocks a lot. They give nice moves and then gap up and #$%$ or gap down and run. The patterns occur over and over. We extract thousands from these #$%$ stocks. It's not rocket science. You don't marry the stock, you just trade them.
Stocks like BODY are predictable even though you may not think so. We trade this for a living and have done so for a decade with success. There are tradable patterns which will allow you to extract predictable profits.
hey just told you there is a chance they will go under and your are asking what are the chances. Don't gamble. Take your loss now before this stock trades at .001 on the pinksheets.
BGMD has been a pretty active trade. It has allowed us to extract a lot of profits over the last few weeks. Ones like this can make big moves and if you know the patterns it's like taking candy from a baby.
UPIP and other penn stocks turds can be great trading vehicles.You should marry these stocks, just trade them in the short term. They are trading vehicles. The money flows in as they get pumped and then it goes into the next big % gainer that gets news. You can learn how we trade these for a living.
MNGA was a great trader today. We've extracted a lot of profits from this one. When the patterns are there and a stock is liquid like this one it's like taking candy from a baby...
Usually a small gap down in an uptrending stock means a move higher at least to take out the high. I think this could see 4.00 today as it's friday and some short sellers will want to cover before the weekend.
We trade stocks like SYMX for a living and have done so for a decade. SYMX has a profitable pattern right now and if you know the pattern you can extract profits.
Why would this have anything to do with the government. They are being paid by people who saw a nice run up, took their profits and are now short the stock. This is how you take advantage of all the suckers.
This PLUG has been an atm machine for traders recently. All the volatility combined with a tight spread has made it very predictable to extract large profits. If you aren't trading with a plan then you are gambling.
It's been 7 months since the high in AAPL and the stock can't retest the high. The stock market as a whole made new highs and AAPL did nothing all this time. Longs have investing in a dead money stock.