Good Life China Corporation (GLCC)

[DonLeopoldo]

Why I bought more GLCC below $0.02 ?


Because of last friday's PR setup.


The morning PR made many longs to dump their shares because apparently the restricted were going to be sold below $0.01.


Many millions of shares went out, and there were buyers taking those shares, even with an intraday bottom reversal that formed a daily hammer. Towards end of the session they were buying at the ask and rising the bids.


Then, AH, another PR came out, stating that the PPS of the restricted shares will be at $0.05.


Gotta do the opposite of what they want you to do, LOL !