In my opinion, the companies that put out the newsletters did the buying the day they planned on releasing the stock pick, after the market closed which is why that day there was 280 million volume, more than the past 8 trading sessions.
That day they bought in most buys were at 4 or 5 if we all remember, then when they released the pick after hours, that set up for yesterdays buying, hoping that this would have driven up the price to .0009 or .001 so then the owners and staff from those newsletters would have sold their positions they bought the day before and doubled their money.
As we all know yesterday that did not happen and the ones that were lucky to sell at 6 when the market opened were blessed by God, but most got out at 3, 4 or 5. I believe all the flippers gave till today for the stock to try to get to 8 or 9, and when that wasn't happening the panic selling started in the last hour which accounted for half of todays volume, which by the way is record breaking volume for that stock.
All the flippers should be out of this stock. The ones that bought at 2 or 3 at the end of today were in most cases (and very lucky), the longs that "took the gamble" of getting out of their positions yesterday when it hit 7 first thing. It was fluctuating between 6 & 7 for the first 15 minutes of trading to the people buying in from the newsletter alert.
It could have as well kept going up into the dubs yesterday and today, then they would be kicking themselves for losing out on more potential profit.
That day they bought in most buys were at 4 or 5 if we all remember, then when they released the pick after hours, that set up for yesterdays buying, hoping that this would have driven up the price to .0009 or .001 so then the owners and staff from those newsletters would have sold their positions they bought the day before and doubled their money.
As we all know yesterday that did not happen and the ones that were lucky to sell at 6 when the market opened were blessed by God, but most got out at 3, 4 or 5. I believe all the flippers gave till today for the stock to try to get to 8 or 9, and when that wasn't happening the panic selling started in the last hour which accounted for half of todays volume, which by the way is record breaking volume for that stock.
All the flippers should be out of this stock. The ones that bought at 2 or 3 at the end of today were in most cases (and very lucky), the longs that "took the gamble" of getting out of their positions yesterday when it hit 7 first thing. It was fluctuating between 6 & 7 for the first 15 minutes of trading to the people buying in from the newsletter alert.
It could have as well kept going up into the dubs yesterday and today, then they would be kicking themselves for losing out on more potential profit.
