Hurricane Play TUTORIAL- no bid wacking!
NLST and WEGI are up in price and some folks may be a bit intimidated by the chart, but this non-bottom play is still very good.....stocks take a dive when they sell off. There won't be any sell off on this till a big hurricane comes in and we get the big pop. There's still a long ways to go for WEGI and NLST and CHDT as well as we head into hurricane season. It would be the same thing as if you knew oil was going to $100 a barrel this fall.....no one would sell their oil stock right now if they new that, with much more to gain......see at over $1 for both NLST and WEGI......
my price guestimates for good selling points are the following. I base this off of a mix of what they're doing this year and last year.
NLST, sell at $1.50+
WEGI, sell at $1 plus
ECCI, sell at .40+
BUGS, sell at .04 +
CHDT, sell at .40+
CHYS, sell at 12+
HYRF, sell at .40+
There is a possiblilty you could sell at higher prices. NLST went to over $2 last year. But it is safe to sell at least some off in the thick of the rise up and I hope in the thick of it, everyone will realize to hit the ask price and not the bid price on the way up, so to drive the price up further without damaging the price of the stock and sell in lots that amount to $5,000 or less.....do'nt put a lot of shares up for sale that would stall the price. For instance, don't put up 100k shares of NLST all at once for $2 per share. That will kill the momentum. sell in lots of 2 or 3 thousand when at that price at the ask, so to drive the price up and if you're late with selling and have to bid wack, do what you must, but don't bid wack on the way up or you'll kill the momo.....please!
AI
