Interesting. So, based on your date claim of when he called I went through the charts. Assuming, he did sell 01/03 --- I think know why he made that price call. That price is just around the ceiling value based on 100% float. What that means is that if all shares were liquid (which is not the case for most of these stocks) that would be the highest achievable price. Now this particular strategy I am not an expert at so I may be mis-interpretting... but I believe these stocks are liquidity traps and only 25-40% of the float is being traded. So, it was a very good, safe call. If you are still holding you still have risk.
I play a different strategy. I play within the traps not outside of it. But, it is much riskier and has a much higher reward.
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