daytrade diaries... september 24 part 2, page-114

  1. 230 Posts.
    I will explain neu to you. In short, it was a hotcopper pump and dump. Probably not intended in the first place.

    I have been following neu and intended to get in at 2.5c but missed out. Everyone who has heard of neu here knows when it does run every couple of months, it runs really hard, and then gets sold off, so its best to get in before the run/announcement. Someone started buying and told everyone else they were buying. Its a stock with low liquidy so as one person buys, and others see it moving, a chain reaction happens, and then the pump continues. The smart players took their profit while the others are holding on to it, simple as that.

    The volume is pretty normal for neu tbh.
 
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