Industry Source Consulting Inc (INSO)

[jkjungwirth]

I am posting 4 charts on here for everybody to take a look at that I think are interesting. The first 3 are charts of the 3 "great penny stock pumps". They each have a similar look in that you see

1. A drop before the dump that has a small volume spike. Presumably shorting the stock down to pick up a bundle before the pump. This leads to great accumulation

2. A sudden and large percentage rise. People jump in.

3. A drop down to kick out those out who purchased at the end of the run. Thus large number of shares are picked up at those that are upset they missed the run. Accumulation number 2.

4. A second large rise to the ultimate heights. Again the masses begin to buy.

5. The dump

Notice how these moves happen within the confines of parallel trendlines

SPNG
http://investorshub.advfn.com/uimage/uploads/2010/3/10/zesjiSPNG.png

BEHL
http://investorshub.advfn.com/uimage/uploads/2010/3/10/pusgzBEHL.png

GSPG
http://investorshub.advfn.com/uimage/uploads/2010/3/10/vughhGSPG.png

These are three examples that I came up with at the top of my head. I am sure there are others. Now I am not sure if VGPR is in the same boat as these stocks and will do the same thing but steps 1-3 are there. That means step 4 would be next which can lead to very nice targets if the move is similar. The thing to watch out for if this were to happen would be the large red candle that would signal the move is over.

VGPR
http://investorshub.advfn.com/uimage/uploads/2010/3/10/luoqiVGPR.png