Atwec Technologies Inc (ATWT)

[BE-Trader]

Currently I hold 1,500,000 shares

Background:
On 09/08 I bought 5,500,000 shares at 0.0027. I got out with 3,000,000 shares on 09/26 at 0.0065 and sold the other 2,000,000 at 0.0040 on 10/26 so made about a 14,000 dollar profit in 6 weeks. I had to sell because all my indicators told me this stock was going down. I generally base my trades purely on technical factors to eliminate the emotional aspects (Pretty hard to not get your emotions in with penny stock though): on volume, a 14/5 stochastic, a macd of 8/17/9 and some other technical factors which do not apply to penny stocks. It doesn't work 100% with penny stocks but works awesome on stock / options trading. So but pure on that I figured I had to take the profit and get out because the momentum was over. I believe in this stock though so I kept about 500,000 shares for the long run.

On 12/7 I added another 500,000 shares (Since macd and sto started to go up and I really believe in this stock!) at 0.0023 and I added another 500,000 last week at 0.0024. Once we see volume increase I will probably load up a few million shares to enjoy the ride and get out when the momentum is over but keep at least over a million shares since I am in this for the long run.

Anyhow, I'll let you know when I load up some new shares.