CuraScientific Corp (CSTF)

[SynthTrader]

OK...this one is my opinion...and it is formed from personal experience:

NEVER buy a promoted stock while it is in the promotion period, no matter how tempting. If you do, you'll likely feel betrayed and suckered unless you're one of the lucky ones that gets out before the dump. Stocks are promoted to sell shares, whether it be shares owned by a third party, or the company itself. That is the very reason they pay for a promotion-- with the goal to raise more money than the cost of the promotion.

Wait for the promotion to end...the price to plummet, and then consider your entry based on chart supports. Sometimes the supports are harder to find because the chart has not been active until the promotion kicked in, but watch the moving averages on your short-term charts (60-minute, 15-minute, etc.) if you want to catch the knife. Don't throw all your funds in at once. Make your buys in increments, always saving some funds to average down if the bottom is not in yet.

Many promoted stocks are borderline "scams" with very little to offer in terms of a business model. Others are real businesses that simply needed operational or start-up capital, and they have an intention to do real business with the money they raise selling shares. Usually, the duration of a bounce will be determined by the nature of the business-- whether they continue moving forward with their efforts toward profitability, or whether they have no purpose other than to sell shares into the abyss. That is where "investment" vs. "trading" comes into play. Generally speaking, OTC stocks (usually start-up companies) are not good "investments", but can be very good "trades". Don't marry them.