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Replies to #17108 on lowtrade
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lowtrade

07/07/10 1:01 AM

#17109 RE: SpeculativeHoldings #17108

ZIPZ chart eval

Did some pink research and didn't see any sign the dark side is ready for a play. A setup is starting to show it's head, but expect several months more, before any real action. They need to draw a much larger following. Last trading day = 16 mill shares @ .0002 or $3,200 total traded !!!

PS, the management has a history of playing shell games, so this could develop into what you want, eventually. IMO May & June Price pull down with increased PR story, (no blitz) is the setup signal.

The brothers have no company, under $2k cash, with over 1 mill long term debit, from 2002 shell & restructuring game. All they have is a website, a business plan and market segment story, to date. And it looks like the website is the only rev stream, selling APPs for I-TUNES! (Not their APPs) !!!!


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lowtrade

07/07/10 1:42 AM

#17110 RE: SpeculativeHoldings #17108

Also should mention terminology.

You mean PUMP & DUMP, where OTC dark side players, pump up the stock for a run. Then sell all their shares bought low and the price falls like a rock when they leave. Not Bump & Run !


BUMP & RUN is a real chart pattern. It's used when evaluating sell indications for longer term investing plays.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45320806&txt2find=bump|run

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:bump_and_run_reversa