ThePennyTrader Specialties

[ThePennyTrader]

SYNJ - It's very difficult for me to tell at this point. I was able to make a very good 40% profit trade in a little over 2 hours a couple of days ago.

It would seem that the increase it has experienced up to this point is ABSOLUTE hype without any fundamental backing. Bearing this in mind, I don't know if it will be able to maintain these prices over the next few weeks.

What it does have working for it right now is it is an EXCELLENT flipping stock. It has swings of nearly 50% intraday, so if you can catch a bounce at the bottom, chances are other traders will bring the price back up. It has a higher low today which could suggest it can continue to move up. I would be weary of taking a position on Friday because if this really was a pump, you can bet that there could potentially be a pretty big dump going into the closing bell.

My recommendation is if anyone is going to look at this stock it should be in a daytrading manner and NOT held overnight in any case.