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BREAKOUTS..RUNNERS AND HOT PEN..
Posted On: 02/24/2012 7:41:36 PM
Post# of 36281
Posted By: SevenTenEleven
Re: junewong #422

A lot of accumulation after a manipulative shake down of the price. From $2, there was a group of short sellers pulling the price down with the usual resources. This found support at $0.2o, and has since moved to $0.34 on steady accumulation.


Completely under the radar. Very few retail traders know of the opportuntiy. Those buying at the bottom ahead of any news or investor awareness campaign will see the greatest possible returns.


I am playing to past $2, which I believe it could easily get to. Key is how quickly could it move to $3 and beyond.


A large unreported short position may still be at play, also. Could see a move similar to LEXG ($0.07 to $10.68) and AMWI ($0.03 to $1.49). Both of which were driven by short covers. LEXG was driven by forced buyins according to some investment experts.


Clear skies to $2 on fairly low volume. Float only 3.3MM.


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