Most longs have had to average down, substantially, to break even or make a few bucks if this thing spikes. That's not my idea of a good game plan. Yeah, I know some will ask how I know that. The chart and the messages make it clear, so don't ask. I don't want to have to post all the messages that confirm what I said. Mike, you know what I am saying because you have the data I sent.
All the longs got caught up in this low-float pump and dump. The ten year chart speaks on this and there is no denying this reality.
If the game plan includes hyping a stock for self centered, personal gain, you might have a 2 or 3 day winner on your hands, but everything is still forward looking. The so-called IR has not returned my request for information yet and I doubt they will. Their conflict of interest is publicized in their own research report for LGMB. They have everything to gain by allowing unauthorized info to leak or just plain old hype to be publicized. Says a lot about their credibility.
When a stock is hype driven or news driven, daily charts are difficult to utilize. This can be readily seen in the past two weeks during the volatile uncertainty of our national economy. One could have tripled their money on Ford (symbol F) in one day. I made a grand twice on it.
However, the long term charts reflect a great deal about stocks and this one speaks volumes if you look at the spikes and look back at the hype and news during those periods. The hypsters were taught a lesson by PK in the last 2 plus years. He knows the game and milks it plenty. imo Really take a look at this chart.
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