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Thursday, May 28, 2020 1:12:40 PM
I've been comparing a lot of similar stocks (similar share structures and market caps, vs revenues, news, etc). Recently some sub penny and trips stocks have been moving up hundreds or even thousands of % for no reason. Groups of players out there are picking these low market cap and forgotten stocks and pumping them up. Examples: INQD, APRU, NTRR, GRSO and many others have seen 400%+ gains. I notice the things they have in common, especially being down 90%+ on their 1 year charts and having low market caps. Also they have 1 billion or so o/s. SGMD is looking good by comparison. If those pumpers come over here they can push it up 300% or higher in 2-3 days. News buyers don't seem to be around much though, so I don't expect a news update to get the price up very high before dropping. Timing is impossible with these pumper groups, they choose stocks not based on news or fundamentals. Watch for sudden movement on big volume, or a new low to buy into.
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