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Replies to #38547 on lowtrade

lowtrade

07/02/13 9:13 PM

#38548 RE: geosp724 #38547

Numbers from no where, with no reasons or justification are numbers. Nothing more or less. If you believe what you see in print, like those, you will get screwed !

Want to trade the wild west of the OTC. Find large amounts of new shares in big guys hands, before any price action and trade that action for profits. Never hold an OTC run after the first red day. Re-enter if top resistance is broken again. In & out till resistance stops being broken.

It's that basic, simple, and clean.



---------------------------------------------------------
STOA 10-Q May 10, 2013

ITEM 2. RECENT UNREGISTERED SALES OF EQUITY SECURITIES




From January 7, 2013 through April 24, 2013, $187,638 in principal pursuant to convertible debenture notes was converted by the note holders into 80,881,677 shares of the Company’s common stock.


That's what cause the week of exciting trading. Once they sold all to retail, the play was over. Todays pop without increased volume shows emotion without support. Don't trust pops after the play is over to last. There most always needs to be someone selling into a run, increasing the volume to feed continuation. No food the run starves.