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Re: lowtrade post# 19837

Wednesday, 12/15/2010 8:00:31 PM

Wednesday, December 15, 2010 8:00:31 PM

Post# of 47297
Lowtrade: A few of the penny stocks I have invested in short term:

CPMCF
GRYO
HYSR

I made money in CPMCF and HYSR but not in GRYO--didn't get out in time, same with saei. In terms of chart analytics, how do you know when "the turkey is cooked" in penny land lingo? Most of us can pay close attention to volume, spikes up and down in price, but in many of the penny stocks there is no discernable chart pattern.


I look forward to your thoughts on this. I remember one of the traders saying that the GRYO "turkey" was "cooked" at a particular point, and sure enough the price never recovered, at least for now.

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