Here is another way to play on the OTC. Just to make a point.
When a very costly set up starts before the PUMP when they move the price UP first then dilute, you have to get in FAST and out FAST before the dilution debt happens.
HINT, the volume is so low because they are working to set up the PUMP so you get in NOW before the rise UP then get out then short.
Ticker HZEN a Grayscale company is going to do with that ticker the same as they did with GBTC. BUT if you get is now and it moved up even 3x GET OUT! Do not get greedy and believe it will go up more, or buy some, sell to break even and hold the rest.
Even if it rises do not panic after selling saying you could have made more. You will make much more when it keeps going UP, than when they increase the authorized like SGMD did from 200m shares to 10 billion shares you short it and just wait as new suckers jump in on the pump play.
You make some money now and even more on the short, what you do NOT do is BUY on the decline or cost average. Buy now, sell at a net wait for the rise then short it.
IT works because they all follow the same pattern. Charts mean squat, the reality is to play the game the same way the pumpers do.
On that note EDDYF is doing the same but its only $.10 with less than 5,000 traded that is the signs of the pump set up AFTER the increase.
When HZEN hit $15.00 recently boy were we happy BUT that is the set up to move the price way UP before the dilution. HAPPY HUNTING!
Don't get greedy, just enough to make some fast $$$ then SHORT IT!
:)
