News Focus
News Focus
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sandiegobear

02/28/13 3:30 PM

#24246 RE: tebow4ever #24244

It's relative. They go up when the news is better than expected. The expected news is already priced in no matter how good.
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Haster

02/28/13 3:30 PM

#24247 RE: tebow4ever #24244

Thats the trick. Pennies are generally pretty untrustworthy and the language is very tricky in most PR's, or just downright misleading.

Also, pretty much completely unregulated and can say whatever they want to with a good lawyer to check it and make sure the wording isn't an outright lie.

Dig through a bunch of penny stock PR's, that are supposedly great news, check the dates, look at the charts and boards for that frame, 3 or so weeks ahead and a week after.

really read the PR's, between the lines. You'll start to see a pattern... lot of work to do though, trust me! =/

So, Buy on rumor (volume, chatter, fluff pr's) sell on news (like 10k's and other SEC required filings)