Almanac/CNBC saying 'best UP day of the year'! go Weds.
Glad ya noticed those. I've been trying to figure some way to play ones that drop from $1.00 - $1.25 down into the below $1 weak land. When strong (LU) then 0.75 might be a 'bottom'. But so so ones like ERTH DSLN go lower. They need a history and no squirrels in the attic like AKLM. Key is to figure the AKLM from livers. MMs rarely dumb and will toy an AKLM like a cat with mouse. Sport draws the crowd like three card monte dealer. Then comes the slam. Only clue seems to be that if pig doesn't ever show at least a poke up to 0.50 some time. AKLM didn't. Still on watch with ECGI, maybe BCON, BFUN dropping near me. SOS plunged <0.30 6 days now BUT it has 'going concern' issue which is bad if stock has no real promise. $11M cap & 39M OS. Not bad. Hasn't yet gone into teens. Have seen some other storage plays get blasted and recover. EXBT for one tho in a failing handle of a 2 year cup & handle now after runup 0.09 to 1.75 with cap $82M and 350m/108m These are swing plays. In on swing low. Out on swing high. Trick is avoiding the blow ups or stales. Got things like FONR been eyeballing for long while on no go after had pop/drop. May go to 0.50 or $2 from 1.20 Even GOAM isn't showing anything. Me bad. Still refining all this. Do not EVER try this on an UNKNOWN-FLAWED falling knife. Esp if its Sector is under distribution too. That weak sister will be going BK for sure.
Pennies not a zero sum game as much as some zero game.
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