Today AwesomePennyStocks (APS) again impressed me with their sneaky promotion tactics. It seems as though their official release was today with GWBU although ENRG was also released by pennystocks123, what is (or maybe used to be) an APS sister site. Either way though, ENRG isn't trading with any sort of strength so I would avoid it regardless, unless it can prove with volume and price action that it is going to make a move.
The problem with GWBU though is that you can't treat this as day 1 of the pump, as it has been trading with elevated volume for the past few days. Thus, if you have also just discovered it today, I would trade it as you would previous pumps after the first week. The sort of strategy I encourage here is a conservative one, thus I decided not to go long on the stock immediately. Instead, I will sit on the sidelines to see how this confusing situation plays out and wait for any major (20%+) dips to take advantage of.
I have been trading GWBU for a while now. This article is a game changer you have to read it to completely understand current scenario and the pros and cons. Check it out at http://www.thepennystockgeek.com (Kindly, copy and paste the link in to your browser.)
ReplyDeleteCheck out my latest post on the matter: http://indoortrades.blogspot.com/2012/05/gwbu-why-you-shouldnt-buy.html
DeleteI have been trading GWBU for a while now. I got alerted well before the volume started to pick up and because of this I was able to score a nice profit a few times. The report helped me understand the complete scenario and the pros and cons. It’s always best to buy before everyone else does. Check it out at vippennystocksite.com (Kindly, copy and paste the link in to your browser.)
ReplyDeleteCheck out my latest post on the matter: http://indoortrades.blogspot.com/2012/05/gwbu-why-you-shouldnt-buy.html
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