Good morning!
Today's alert is OLDW - Oldwebsites.com Incorporated.
Good ole' W!
Besides liking their funny name, they've got a good chart setup that I think could take off. This company is pretty dead and trades quite inactively.
That, combined with a microscopic float, and a chart that's RIGHT at a resistance point definitely makes me think that if we can blow through the resistance...which is only 2 cents, this thing could possibly skyrocket. Some of these inactively traded companies with low floats have made us gains of WELL over 100%, sometimes thousands.
Certainly can't promise anything, and past performance doesn't indicate future performance... but good OLDW has potential to really take off and make a juicy gain. This thing has doubled in a day off a few dollars worth of buying, so I think it's got that kinda potential.
Now remember, these kinds of trades are dangerous, unpredictable, and best left to those who know what you're doing! Also, this is purely a CHART BASED ALERT. What you do is of course up to you, but I know I certainly wouldn't make any kind of actual real "investment" in OLDW. However, that doesn't mean this thing couldn't explode as an amazing quick trade.
At the very least we should see wild volatility and a ton of fun and possible profits for the active traders.
Let's do it!
PSA - Penny Psycho
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