U.S. Microbics, Inc. (fka BUGS)

[VegasBlvd]

Not quite that easy my friend. Chart reading isn't as basic as you might make it out to be. BUGS already crated the 10 support level before. Popped on news not really worthy enough to keep it at these extended levels. The chart is clearly broken with volume on the decline. This play is old. In pennyland when a play sits at support too long on declining volume it eventually craters. You can pump all you want. BUGS is a dead play whether I pump it or you pump it.

The only other stock I said was a sell was HMIT. I recommended selling that at 20 when everyone called for a 10 bagger. I went against the tide and proved correct. HMIT is down 40% from those levels. Be my guest and add more bugs if you want. Why pay 11 when you can get it for 8.

Don't fall in love with a stock. BUGS is already up 600% from the .0020 level. Needs to retrace to the .0080 level. I wouldn't touch it at any level. Old play. Next!!!

Congrats to those who bought the break and the bounce. If you're still holding you shouldn't be trading penny stocks.