Replies to post #97169 on Triple 000 and Sub-penny Chart Plays

[trader53]

Trader53's - Library of Pond-Fishing Plays

The Pond-Fishing Play

They Trade at the Bid 0.00 - Ask 0.0001 Level


aka "The Patience Play"

because you have to tie your money-up,
for 3-to-6 months in some cases,
accumulating it slowly,

while you wait for the time
the stock receives the promotion,

and the "Run" from the promotion,
begins to lift the price,
out of the multi-month trading range.




Called a "pond",
because it starts
from a "dead still pond surface" in price.

This means that there is a long period of time
with no price movement at all.

There are "3-volume surges"
during this time,
to signal random accumulation at these low prices.

That one action,
of "3-volume surges" without price change,
is an OTC "tell" or, "signal" ,
that funding may be taking place.

Video

You want to accumulate
while the price is staying low.