If we see MGLG do the same trading or more over the next 2 to 3 weeks, then I would expect to see a breakout even on the Greys. I have seen it happen. Rare but it does happen.
For the record I only trade stocks based on their charts, their indicators and how long it has been since they ran.
MGLG for sure could do a huge run if there is enough attention and some type of news from the new owners.
LOL Sure, I was in PRED and WMGR at the same time and the SEC wacked them too like MGLG because of the COVID Virus. What a racket the SEC has going. Short the dickens out of a stock and just when they both started to take off again, wham! Just look back at both PRED and WMGR and you can see the blatant naked shorting going on. The CEO of PRED even called them out on it with FINRA. He is not happy with the SEC or FINRA. Kinda reminds me of the CEO of OVerstock.com. Same thing there, naked shored the heck out of OVerstock and he had to take the SEC, FINRA and some MMs to School on the Law. LOLOL I am fairly sure WMGR had it coming, false reports of FDA approval for test kits. Uh.... nope. Can't sell test kits out of your home, has to come from a Lab. But hey! They made $55,000,000 doing it. LOLOL Not bad for a couple of cowboys. LOLOL Bad juju there.
But PRED is solid, so just picking up bits of stock here and there, just sittin on it till they are off the greys, then back to business as usual. LOL PRED is now taking the SEC to school, to teach them some exciting new lessons about the law. LOLOL
I am watching Penny Gold stocks on the rise, these 4 I am keeping my eye on them to see what they do next. SFEG, ASM, PZG and AFYG. SFEG and AFYG because they are dirt cheap. You just never know. PZG has some reals possibilities and they could announce major news at any time with everything they have going on. Heck the CEO just put $600k in to PZG in June because of some unknown mysterious reason.... Can't imagine for the life of me what he would do that for.... LOLOL
Good Luck on your Trading
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