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Posted On: 06/21/2017 1:54:27 PM
Post# of 1653
I try not to watch these stocks every day, they can drive you nuts. Have to look at weekly charts to appreciate the trend, stocks like GAHC BTSC and others now bounce 15 to 20% up or down daily without rhyme or reason.
And when they go down it is mostly low volume and if you get sucked in to selling then, well, they will make you chase it down. Same with going up, once they turn it good luck buying stock as they ramp it hard.
Look at BTSC today, it did like GAHC did a week or two back, then hard pull back, nice steady gain and then today they just dumped it down super hard for absolutely no reason. That one is more closely tied to bitcoin but it doesn't matter coin is still hovering 2700s, they just man handled it.
Yet, it can turn and move up 2 to 5 cents in the blink of an eye, just like GAHC can run a penny or two in one day.
And when they go down it is mostly low volume and if you get sucked in to selling then, well, they will make you chase it down. Same with going up, once they turn it good luck buying stock as they ramp it hard.
Look at BTSC today, it did like GAHC did a week or two back, then hard pull back, nice steady gain and then today they just dumped it down super hard for absolutely no reason. That one is more closely tied to bitcoin but it doesn't matter coin is still hovering 2700s, they just man handled it.
Yet, it can turn and move up 2 to 5 cents in the blink of an eye, just like GAHC can run a penny or two in one day.
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