Have been in the oppies since December of last year at .003 and added to that position at .006. A true ten bagger, probably more like a twenty / thirty bagger. Took some money off the table so the balance of the position runs for free. Did not try and trade it back and forth as I am a lousy momentum trader. Congratulations to thos traders that can trade profitably and consistently this way.
Technical picture is excellent. My initial count on the fully paids was six to eight cents calculated from the base price of one cent last December. Most recently the share price formed a flag formation and punched through to a new high on heavy volume. We now have a new target that points into the low teens. A typical high volume near vertical high volume climb such as we see in TOX will most likely result in a buying frenzy that will overshoot our predicted target leading to a substantial distribution pattern proabaly in the mid / high teens.
A tremendous amount of research goes into finding ten baggers and probably means arriving early. Please see ORP for our next potential ten bagger.
TOX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
