With each of these sort of plays there is the same pattern. Sometimes the stock languishes at 1 cents and over 6 months rises to say 3 cents all after massive placements. Then the rumour mill starts and off we go.
This scenario of movement does not just pertain to any one company. It covers a whole gambit of fields. Company announces breakthruough with some drug, stock rockets .... but still have phase 1.2.3.4 trials and 3 years minimum ahead of them. New gadget to replace common in use ite,, same thing. Release about 10 billion dollar market for item worlwide and how the companies product will replace it.
Nope not bitter. Havn't been caught for a very long time ... years. Just dont like people sucked into plays that well ... seem tooo good to be true ... when in 99% of cases thats just it.
Numerous examples of miners in this state of play at the moment. Just have a look down the postings on this board and check the most posted on companies today against my list.
In fact go back 1 month, 6 months ... best yet
If you go back 12 months ago today the most posted company on HC for this day in 2004 was .......
The checklist is generic and not aimed at any specific stock. Just some things to look out for.
Cheers
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