What you see above is called ramping a stock that is beginning to run overheatedly, so maybe you will be lucky and make some money but the music will stop very suddenly.
In that event you could find yourself underwater very very fast so unless you have the time to watch extremely closely (as our friend stolwyk here does to pick the panic setting in and bailing) you would be well advised to stay well clear and dream on the way up and thank your lucky stars on the way down.
Find attached the CMQ chart so you can see how frightening the fall can be. Up via the escalator down via the window?
There is also a word for people that encourage inexperienced investors into high risk plays but I cannot remember what it is. Can you Gerry?
Cheers,
NRT Price at posting:
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