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Re: pennytradingnet post# 21186

Saturday, 04/02/2011 2:50:32 PM

Saturday, April 02, 2011 2:50:32 PM

Post# of 47295
Welcome to the board

This video is not LFBG, but most all pump & dumps are basically the same.

LFBG is one of those which had an old run/retrace/channel and repeated breakout then walked down. A year later it is a typical P&D. The first looked like the company really tried to succeed with the funding money. It didn't dump right away. But this recent one which was smaller did dump without and channel stall.
http://stockcharts.com/h-sc/ui?s=LFBG&p=D&yr=2&mn=0&dy=0&id=p23934616185

If you look back in my posts about OTC funding you will see the two discussed. The run/retrace/channel and the out right pump & dump.http://investorshub.advfn.com/boards/read_msg.aspx?message_id=61548041

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