Bio-Clean International, Inc. (fka BCLE)

[off-floor-trader]

Now that will be an earful! Good going! This is one of THE only stocks I have ever played that did not have an average 20-day average daily volume of 100,000 shares or greater.

I went for a scalp play based solely on the depth of the price drop and extension form the most common moving average line on a stock that had no prior history of any track record of participation and what I failed to think about was where the support is on such a stock.....lesson learned?

There is none!

And as human nature would suggest...the natural whole numbers are the first places to look (unfortunately I put mine at .06....WRONG!)

That is something that will be hashed out in the next couple of weeks and at what levels is yet to be determined. In such infancy the most trusted would be the intraday data as there is not enough history yet in the daily's. On the intraday the .04 and .06 are the most likely to the upside.

I will continue to use the major pump sites as resources as it has proved to be very valuable over the years...to get in on the infancy of a promotional campaign is golden! (an interesting note to all is T-P - their disclaimer is an interesting read as they are one of the few sites that do not (per their disclaimer) accept compensation from companies in lieu of being posted on their pick list).

I will add this lesson to my rules list and temper my decisions by it. The recent volume in this stock will provide interesting scalp plays in the days to come (IMO) and I will try to take every advantage of them.

As board members go I like the members on this site and while touting other stocks is against the rules I hope to keep in touch with many of you in our travels. Where I can help us all make a profit I will.....and I hope you will do the same.