GLER Trading Strategy
Posted by Admin on July 30, 2010 under Penny Stock Alerts Blog | 
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Good morning to you all. Today the company in our sights is GLER – Global Earth Energy, Inc. I sent them out as an alert last night and I think this one should keep up our hot streak and be another winner.
I think GLER is going to be very active next week, and if we get in on it today then we should be ahead of the crowd. GLER is currently only at 5.3 cents (although it may open up a little higher) but it hit a high of 20 cents pretty recently and made a gain of over 1,400%…so obviously GLER is a big runner when it heats up. Penny stock alerts loves GLER.
I checked my email last night and it looked like a lot of you were pumped for GLER, so I think the overall investor reaction is going to be pretty smokin’. As always you should use caution just in case GLER disappoints, but I think that is very unlikely.
So how do we try to capture a big profit but still use caution? Well here is what I think is a good trading strategy. Now remember, any strategy I give is purely based on my biased and unqualified opinion, so make your own decisions and consult with a professional.
From looking at the 5 day chart on GLER, I think a good place to put your stop (it can be an electronic stop if your trading platform will let you enter one, or if not, a mental one works also) would be just above 4 cents. 4.2 cents looks like a good spot.
The low of the day yesterday was 4.3 cents, AND, 4.3 cents was also the closing price on Tuesday, before it gapped up Wednesday morning. So just below there, somewhere around 4.2 cents is probably a good place for your stop.
Every time I send out these trading strategies with where I think the stop-loss should be, the stock usually takes off and we almost never need the stop-loss at all. Still, call me a Nervous Nellie, but I like to be safe so we can make big money off the winners and minimize the losers.
With all that being said, my confidence in GLER is sky-high. In fact, I think it’s the very best pick I’ve sent out all month. I’ve been extra cautious with my alerts to keep my winning percentage impressive in this shaky market, so know that GLER was chosen very carefully.
Watch out for potential fireworks on GLER next week, and seriously consider hopping on the GLER train today because it very well might be pumping full speed next week, and by then it could be too late to catch the gains.
Always remember to book some gains while you’re up.
Market is opening soon, let’s go get em!
PSA – Penny Psycho
P.S. There is a stock called GLER that trades on the Berlin exchange. It’s called Global Earth and the symbol is GLER.BE. Just wanted to make sure you all knew that is NOT the company I’m sending the alert on so you don’t buy it by mistake.
Don’t invest based on what I say, do your own research and consult with a licensed professional before investing, and only invest what you can afford to lose.
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