CLKZ Trading Strategy

Posted by Admin on August 24, 2010 under Penny Stock Alerts Blog | Be the First to Comment

Good morning movers and shakers.  Hope you’re all ready for action.  Last night the company I sent out as an alert was CLKZ.  I already received a lot of emails saying you guys really liked this pick, so thanks for that.  My confidence level on this one is pretty high.
While cashing in your gains while you’re up is always the smartest thing to do, I definitely think CLKZ may be good for more than just the “play of the day.”
Also, some news came out yesterday morning that says CLKZ has formed a partnership which is going to allow them to generate more advertising revenue…now in international markets:

http://finance.yahoo.com/news/ForWant-Inc-Forms-Publishing-iw-1967978962.html?x=0&.v=1

So what’s the strategy on this one?

First let me disclaim, any trading strategy given is merely the biased opinion of an unlicensed amateur.  Do your own research, consult w/ a licensed professional before investing, etc, etc.

Okay then…
I actually think one of the most attractive things about this trade is the fact that with the way CLKZ has been trading lately, we can shoot for a big upside while minimizing our risk.
If we look at the last trading week, the lowest CLKZ has traded is $1.19.  I think a good place for a stop would be just under that at $1.18 or so.  That will give you some wiggle room but still keep the downside small.
CLKZ also seemed to form a little base on Friday at $1.28.  If you want to keep your stop really tight and really minimize how much money you’re risking, you could try putting a stop just below that at around $1.27.

Either way, I consider this play to have a very small downside if things go wrong, and a potentially big upside if things go right.

We’ve been seeing a nice extended move going on day after day with CLKZ, let’s look to see it keep going!
PSA – Penny Psycho
www.pennystockalerts.com
Don’t invest based on what I say, do your own research and consult with a licensed professional before investing, only invest what you can afford to lose.

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