I have researched Arcaro and understand that this is not a simple one day thing.
By nature I am a short term trader, but I am trying to change over to the longer view. In the world of penny stocks, this isn't the easiest thing in the world to do.
It would be silly to think this is a one day thing, those kinds of trades are never really satisfying.
It will be interesting to see what finally comes to fruition here.
All I know is that flippers are getting taken out on these moves and that is making it healthy.
The problem is that every tick (at this point) is a move of at 10% (ie. going from 0.001 to 0.0009). If this deal is good, we should see more (and higher) support in the future.
When will that happen? I think most of us are betting that it is soon.