Dashed Dreams

Posted by Admin on September 29, 2010 under Penny Stock Alerts Blog | Be the First to Comment

Today was definitely NOT the day I was hoping for on LBYE.  It may have been my fault.  It seems there may have been a bit of a mix-up.  Apparently some of you thought LBYE and FLPC were the same thing.  Can’t blame you, they do sound incredibly similar.  It’s my fault, I should have clarified.
They are both penny stock picks that are power companies with the word “liberty” in their names, and I sent them out two days apart.  Sorry for the confusion.  When I looked at LBYE this morning and saw that it had barely traded at all, and then I checked my email and saw all the confusion…I said “uh-oh.”
LBYE had a very slow start to the day.  After that activity picked up a bit, but it was too late.  LBYE stood strong at 70 cents during the slow morning, but as activity picked up most of the activity was selling.
LBYE DID bounce up and down a little bit, as hot penny stocks often do.  It ran from the low of the day, 60 cents, to 68 cents for a potential 13% gain.  Unfortunately volume was small so it would have been difficult to make the gains with any substantial amount of money invested.  I guess unlucky 13 is the perfect number for today.
LBYE also closed the day down almost 13%, another unlucky 13.  Overall just a pretty weak day.  Definitely NOT one of our hot penny stock picks.  It was more of a…cold penny stock pick.  Sorry about this one guys, my apologies.
I know a lot of you are aching for a nice low priced play, and that’s what I’m going to give you.  I’m going to take a few days off, recoup and regroup, search for a hot new play…and I’m not coming back until I have something nice for you…with a low price tag.

Again sorry about the weak day today, and keep the faith…when I bounce back, just like a good penny play, I usually bounce back hard!
Until then,
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 are prepared to lose.
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