I bought shares once in a penny that had raised offshore capital in bermuda or the bahamas, been too long to remember. Since I was fortunate enough to know how many shares they planned on dumping and knew the excercise date and that there were minimal buyers chasing it down, I simply divided the share dump by the average daily volume and came to the exact moment the last shares were dumped. 50% retracement, locked and loaded a double in 3 days .50 to 1.05. sold right there and never bought in again. Company was bankrupt within 12 months and quit trading. Information can really help you if you have it coupled with level 3 quotes. Otherwise its being at the mercy of a billion dollar otc short industry which works both sides of the pump and dump. I think a good rule is always buy the penny stock newsletter paid pumpers advice at the end of a cycle bottom. Thats when all the shares are locked and loaded waiting for the real pump they are paying for to begin. Its almost calculable to tell when a top is in by how many shares were accumulated during the pumpers loading cycle and keep a running total of the A/D line after the pump is in full swing. The very avoidable ones are obvious, but they are always tweaking their charted buy programs to mask their true intent. The longer I'm alive the more I realize, if you can think of it, be guaranteed someone out there has already implemented the plan, and there is nothing new under the sun as the old proverb goes. Good luck.
