Wednesday, August 13, 2014 10:31:19 AM
This is a pure and simple lottery play. Much like going to Vegas and betting; much like buying lottery tickets. If it works great! if it doesn't... well, just be sure to put no more into this than you can safely throw away.
I've done this very type of lotto play many times and over time benefited greatly. My tool is Pumps & Dumps to look up these plays. Like I said history often repeats.
I like to "gamble" 5 to 10% of my Market portfolio on lotto speculation. The rest is put into real companies. I doubt this will pan out to be one of those real companies.
Another critical part of this program is timing. Promotions usually peak in the first 30 to 45 minutes of the trading day. If you are not watching, you'll end up waiting for the next time it is promo'd... bag holders are created this way. If trading is not your full time gig, don't bet on these lotto plays.
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