American Energy Development Corp. (AEDC)

[dude iligence]

AEDC big accumulation/volume spike today coverage started from Awesomestocks.com. They covered SEFE that ended run this morning. They even announced it yesterday that they would have a new pick that night. Amazing people just keep hanging on trying to squeeze out another penny or two getting greedy. The pattern is similar for these and the APS/PSE picks.

1 Announce
2 Week or so of Accumulation
3 steady climb with few upward spikes lasting 4-8 weeks.
4 feeding freenzy for the "I gotta get in, I gotta get in crowd that sat on the sideline for steps 1-3.
5 Short term euphoria of the bagholders at the top while those that got in during steps 1-2 get out and move or position for the next play.


Here's the chart notice the Huge volume increase. At the close the bid was $1.18x$1.18 the mms executed a few blks at $1.16 below the bid to close it flat 0%. They are holding it back for your easy loading.

http://stockcharts.com/h-sc/ui?s=AEDC&p=D&yr=0&mn=3&dy=0&id=p82067315688