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researcher59

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researcher59

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Re: 10 bagger post# 115469

Monday, 06/15/2009 10:41:17 AM

Monday, June 15, 2009 10:41:17 AM

Post# of 173716
10 bagger: SPNG is great for trading due the high volatility within a range along with excellent liquidity. I've already had several trades in the stock this morning including another round trip. Because I feel that's it's fundamentally overvalued, if not an outright scam, I am trading it only on the short side, never going long. Through systematic trading (scaling into a short position as the stock rises, and scaling out of the position as it falls), it's been easy money so far !
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