Suppose you have a $million or twositting on the sidelines and you fancy a quick feed.
As a whale, yougo to a place in the ocean where you can swallow a ton of plankton ina single mouthful.
You look for a share with upsidepotential which has gone markedly higher and then retraced significantly and been largelyderisked.
You look for a share with highliquidity with turnover of often more than $1 million a day
You look for a share which sometimesprovides stunning announcements and sometimes fluff.
You look for a share which is sometimesa leaky boat with a rise in SP just prior to the announcement.
You look for a share which is justdrifting sideways with a few undulations.
You select your target: BUD. BUD is in your cross hairs. You watch and wait.
You select your day.
There had been a little up movement thecouple of days prior so there is a bit of interest in the stock.
You create the illusion of the leakyboat and the expectation of an imminent cracker of an announcement.
At the open you buy everything at 5.3cents. Over the next four hours you continue to buy. It hits people'sbuy signals and FOMO sets in.
Having plonked $1 million in at 5.3cents to 5.8 cents in 4 hours, the FOMO well and truly sets in.
In the last two hours, as the pricerises to 6.5 cents you sell out, making a ten percent profit for theday, a lazy $100,000.
A ton of plankton in a single mouthful.
Aholiday, a new caravan to travel in. New car or SUV. You can relax for months on that. And a bigthank you to all the LT and long suffering holders on HC who providedall the research for you. And when you get bored, peruse HC for thenext target for a quick buck.
So, was that a whale having lunch, or is there a cracking announcement imminent? What does the 9 percent fall today indicate?
Suppose you have a $million or twositting on the sidelines and...
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