Actually I consider my educated guess as wrong. Yes, it popped but it was not what I was looking for. I don't hold stocks two or three weeks like I did this one, a 20% - 30% gain on a position held that long really isn't acceptable.
Yes I knew without a shadow of a doubt it would pop profitable for .005 entries but I really thought it could go higher when it did pop and I expected it to last two days or more and thought for certain it would revisit at least 1 cent thus I was wrong. I told you guys that if I was wrong then I would be man enough to post it.
Last, I wish all of you the best of luck and I hope what knowledge I did share with some of the open minded here as to why it would pop, when it would pop, and why it was necessary for them to pop it will help you in the future to take profits from these crooks at the moment they are raping others.
Remember my statement that 99% of all penny stocks are a scam, a vehicle to raise money which is why they are penny stocks. Long term penny stock chart trend lines always trend from top left to bottom right for a reason, the beauty is there are often very profitable spikes and dips along that trend line. They are all raising money from the investor in one way or another and until a person comes to accept this and figure out how he can profit from their methods then he will most likely continue to lose money 9 out of 10 times.
Oh... One last thing to note, the PR yesterday had nothing to do with the pop this morning, those watching L2 this morning should have recognized that. Eventually the manipulation kicked in I told you would last week, the PR may have helped justify the high volume and price movement to traders later in the morning who were late to the party but it was not what got the ball rolling.
Once again good luck to all here,
Brad
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