I lost my shirt on $BTZO and $FBEC and finally said, that's it!!! I'm setting to a defined trading plan, trying to calculate risk and reward, not looking to hit the fences anymore.
I run scans, see what's moving and why and try to determine if it will run some more. Then I try to catch a piece of the action based on support, resist stance, and moving average levels. A lot of times I dip buy if support holds after a move up. And ALWAYS...ALWAYS...ALWAYS...cut losses.
The OTC only works when there is lots of volume. Without volume it's all a guessing game, screw that!!! Note holders and shady insiders dumping left and right.
GLTA and I love the Jimmy Stewart picture. Despite it all, it is a wonderful life!!!
