re: traders get out as soon as possible SAU's announcement today was just as bad.
Not even any dates on when the data was taken.
Could have been 20 or 30 years ago for all the market knows.
The traders rushed it up 30%+ straight after the announcement but traders really need to understand what is going on with these penny stocks. It's mainly just good PR work rather then genuine constructive announcements. Everytime there is a hot sector the penny compainies do this. We are getting multiple Uranium announcements everyday it seems.
The more the better for me as I enjoy trading them but it doesn't mean that I believe everything that I read from these companies. Trading on these announcements is basically just competing against other traders rather than what the company is saying.reacting
re: traders get out as soon as possible SAU's announcement today...
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