Minerco Inc (fka MINE)

[DCALongRun]

Indicators used for long term trends.
If the 50 day moving average crosses above the 200 day moving buy signal.
If the 50 day moving average crosses below the 200 day moving average a sell signal.

Only time will tell on who is right. It was amazing to see the hard sell-off today, then we find out why when someone posted that URL about a sell signal this evening.

For long term investors who are not trading this technical analysis does not matter if you believe the company is going up in the long run. It seems like when someone posted today about the sugar substitute we had a massive sell-off. Thing were going pretty good between .0105 to .0109.

Good reason(s) not to have all your eggs in one basket and learn to limit your risks.

Penny stock rules
1. Never invest in a penny stock without earnings.
2. Don’t invest during a bearish down trend unless near the bottom.
3. Don’t invest more than $100 if the prices is less than .001
4. Don’t invest more than $1000 if the prices is lies than .01
5. Only invest if there are earning reports.
6. Only invest if there is a potential for earnings and revenue upgrades and possible upgrades to nasdaq stock exchange.
7. Always check the charts for historical patterns
8.If the stock is diluted or is about to be diluted wait until dilution is over before investing. Reverse stock splits are not bad if the stock is upgraded and the price is higher.
9.Set price targets for profit taking to at least get back initial capital investment.
10. Every year between sept to dec penny stocks decline. Look for candidates that can triple the money and put no more than 300 each in 10 positions. Try to pick shares where the price is no more than .004. Invest the money and unload when it reaches a penny or triples.

Remember you can make money in a bear market, bull market. But pigs get slaughtered.