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Post# of 47295
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Tuesday, 03/09/2010 10:04:07 PM

Tuesday, March 09, 2010 10:04:07 PM

Post# of 47295
The pond fishing play is speculation on a dark master, big guy or trading group, which accumulates 3 times over 6 months, then BUYS a run.

Once they have enough accumulated, they create a run which shows up on all the penny players alert watches. Once they see the retail herd join them, they buy a double and let emotion take over. And only help when needed.

When you accumulate at any triple zero, it's easy to invest more cash, when you selling 5 to 10 times where you hold. So they don't mind buying 10 - 20 - 30 million higher then higher. When they have 300 - 400 million at .0001 to sell at 5x to 10x, if their plan works. Besides the run price they bought at, they still can sell at top for a profit also.

You can see this with the first attempt at drawing retail attention. You may see a large candle tail with finish just higher the it started, with strong volume surge.

Think what that means, someone bought it very high, then back down to start and bought a large amount of shares. At .0001 to .0002 finish with maybe .0003/4/or5 candle spike. Odds are few bough high and most bought for a double.

Still accumulating low. Because all retail sees is major volume surge and a attempt at 5X with double in the bag. Emotion and greed just over whelms the retail herd. Their attention is focused. Now the dark master only needs to buy it up a second time and watch for retail to join in, edging (bumping) it every so often if it stalls.

Selling all retail wants as the run goes parabolic.

So what I do when I see 3 volume surges over 6 months is what I think the big guys are doing. But I am completely speculation and only play with a little cash. 100 to 500 will give 1k to 5k if I catch a 10 lb cat fish in the bottom of the pond.

Usually leave my fishing line in the pond for a few weeks to a month. Then move on. Over the years I've caught enogh cat fish to share the things to watch for.

And you have to remember, any thing above .0001 can produce a 50% or larger loss, if it doesn't happen and moves lower. ALso you may take some time getting tour cash out at even if it doesn't happen. Thats why I only use a little cash. It's gambling NOT trading!

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