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Ann: High Cu Assays and Significant Pb/Zn Intersections at T3-MOD.AX, page-88

  1. 305 Posts.
    http://www.timothysykes.com/2013/01/how-to-trade-penny-stock-momentum/
    This may help with some of your confusion @Dino2309

    Strategies involving news can usually be broken down into two broad types. The news was either expected or it wasn’t. Both require you to take different approaches if you are going to control risk. News is the most common catalyst of momentum plays for penny stocks.
    The nuts and bolts of momentum plays are pretty basic, but the approach to trading them requires having your strategy already in the pocket. You do not want to be caught too early or too late, and you do not want to be holding a momentum play for too long.
    If you have done extensive research and expect news, and the chart tells you that the stock is ready to breakout with some volume your goal is to get in early. Once you are in early make sure you sell before the news comes out. Getting in early is the huge risk if news never does materialize or it comes out earlier than you expect. Most news is underwhelming. If you sell into the pre-release rise in share price you protect yourself. There might be a handful of cases where the news makes the stock explode, or the news is the trigger for a promotion. However, these are probably the exception and you’ll save yourself from some hard losses when the news comes out and the market sighs.
 
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