over the years you learn a trick or two,,,,find yourself a stock under 5 mill cap look at 5 year chart
look at presos over the years as you see shares on issue,,,,then look for runs in chart
pmy has it early 2013 l dont care if its bounced up and down etc as long as l am at the low end of chart
okay low values this stock at circa 2.8 mill(a listing on asx)
we are at .006 daytraders use charts,,,upon news we hit 1.5 cents(providing its good news)from 1.5 trader will look at run to 5.1 and see if stock can hold valuation being 35mill cap,,,1.5 cents circa 11mill stock makes noise hype sector gets attention etc,,,that run is real and the stock has already had volume come into it but then it just sits flat waiting mode,,,,,you will see timeframe under 12 months thats the bad thing
can it stuff up for sure but odds are on our side,,,so all falls into play current bet is 700percent return downside not really cause you just buy every tick down unless something seriously bad happens
things can change dilution etc but down these levels you always get out with profit
just repeats house holds shares they run house sells shares then just fall backdown
l believe if this runs it will stay up as register is decent so we wait
on pmy chart you have 2.5 as well which is 400 percent but yea once story unfolds then you can re think it
l dont care if this falls l just buy risk v return is on my side
luck to you and to all waiting the move and others watching
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