not trying to pick on "L" board or some posters, and it's possible that some of the ones I'm referring to in this post are here under different names. Hope I don't insult some, but in the interest of helping this board and even those posters to have profitable trades..
in many cases the posts made by folks who have shown to be the cheerleaders but not the good traders are sure signals to go the other way. SNTO today perfect example. When you see certain folks calling for $10. to $15. today on a stock already +125%,, ,you know it is ready to crash, cause those are the late buyers who usually jump on the bandwagon just before the crash.
posted earlier to short SNTO in high $8's.. it topped out a little later @ $10.03 on the big move. If someone got in REAL early on first postss, which were in the irc #activetrader channels in $6's,, they made out terrificly.
Anyone getting in on the run from the short post up to the $10 spot is already underwater as rtq is $7.56...SNTO will be in $6's ...at first I posted on irc by Tuesday,, now thinking by 2pm today.
just look at CBTE.. $7's...to $14's..1 day later $7's.. rtq $6.69.. how many got destroyed buying over say $12's as the cheerleaders called for easy $20's.
I washiding under my desk @ $14. with my $9. avg short,,but patience paid..
AI
