FOYJ attempted a Retrace in May of 2012, of the decline from the prvious high of 0.0007 in March 2011, reaching a high of 0.0005, then it fell all the way back down to 0.0001
In just 6-months, FOYJ was able to try once again to stage a run, and managed to climb to a high of 0.0012
After hitting a high of 0.0008 in September, SUGO has since given back all of its gain, and is once again at the 0.0001 level, having fallen on lower Gold prices over the last 3-months.
If SUGO can stage another run, perhaps it will follow FOYJ, and climb to a higher level 3-months from now.
The timing of such a run, will fit the likely scenario, as most OTC stocks rise with the majority during this Finacial Reporting period.
Some will come back in a HUGE manner, with Long-lasting climbs, while others will have only minor gains, and the climb will be Short-lived.
Essentially, they have a NEW identity, they come back to life.
They "Flat-Line", because they essentially Die, having NO interest from traders, for whatever the reason !!
They come-back, just as the patient comes-back, after having been declared technically dead, by all in the Operating Room.
Suddenly, a miracle happens, the patient suddenly comes back from the Dead, and just like the patient, the stock that was thought to be dead, comes back to life too.
At first, the stock retraces a certain percentage, of its most recent decline.
Some, will retrace 30%, some 50%, and some 62%. This is just the first step.
They tend to hit the Fibonacci levels, when they retrace.
After they then settle back down on profit-taking, they lay still for a period of time, before they then again capture the interest of traders, and this forms the Longest and Strongest climb for the stock.
Bid 0.00 stocks can make you a Big Gain on your Bucks !
You may have to wait a while... but hey, chances are you're waiting in some plays right now, so what's the difference with one more ?
Stocks that went to Bid 0.00
A Bid 0.00 does NOT mean an end of trading, in your stock forever !
Many companies "MUSCLE" their way out, of the Bid 0.00 level, with an "Exit Strategy" !
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