A couple of really interesting dormant symbols cam
Post# of 118
A couple of really interesting dormant symbols came up last Friday.
Here's a bit of information about those, the rest is up to you:
Make sure 'trade-activity' opens up for you, if not click the ICON:
This is going back 200 days:
FTMK .0019
http://www.profitspi.com/stock/view.aspx?v=pr...0271951332
CNVT .0039
http://www.profitspi.com/stock/view.aspx?v=pr...0271951332
MCCO .005
http://www.profitspi.com/stock/view.aspx?v=pr...0271951332
GREN .0056
http://www.profitspi.com/stock/view.aspx?v=pr...0271951332
NHYT .015
http://www.profitspi.com/stock/view.aspx?v=pr...0271951332
Remember, there are only two obvious reasons why the above symbols have such an extreme 10day Alert value to them.
1.) Someone was front-loading knowing something is coming down the pipeline, be it tomorrow or 2 months from now.
2.) Market Makers are trying to get noticed on a dormant play thus take your money and run.
What I'm saying here is that I think there's enough value to further YOUR DD and possibly discover a POSSIBLE multiple 100% play.
Remember too, just because a dormant symbol is up 300% on say 50k for example even 300k or more... doesn't mean it's made a run. Most of the time if Market Makers see a lot of buying they'll push the PPS forward even though they have shares lower... then once exposed, you'll see there were actually shares below the last price. Always check the share structure too, this will help in your decision to approximate how large the float is, thus knowing Market Makers are probably hiding shares for now. Now in that if one is patient.. and if a fairly high SS... shares will be exposed thus you won't get caught chasing. Just a tidbit there.
All symbols presented on the Pro Traders Forum are meant for you to watch in real-time, and make an informed decision.
Experience also tells me to never put down more than $50 to $100 at the most on symbols with no news.
If for example you have $500 dollars, and you want to play the 10bagger game.
Put $50 dollars on 10 symbols YOU feel could be a multi-bagger. If one hits this could.... I say could recoup your $500 and maybe a profit while allowing the others to ride.
FYI, JMO<<<
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