Posted by Admin on May 19, 2010 under Penny Stock Alerts Blog | 
Rise and shine! No waking and baking today you misfits, there’s money to be made. Last night I sent out the alert on GOHG – Global Holdings.
I told you guys the play looks weird because of the lack of volume on the chart. This presents us with a much better opportunity than it looks like. If you look at any of these skyrocketing small cap starts, they usually trade almost no volume and then ka-boom! They totally explode and make really big moves. We’re just in the unique position to be the very first ones to kick off the move.
It’s typically two things that make a dead trading company light up and take off out of nowhere, big news or big newsletters. Often the two go together. In case you don’t know, we ARE a big newsletter. What does that mean? Other people in the newsletter industry read our emails or work with the same people we do and often times begin coverage of an unknown company after WE start it first. Well we’re kicking this one off. Hopefully we’ll see some nice follow through by other newsletters. Even if not, we SHOULD hopefully see a really big pop today because of how thin the volume is and what a big newsletter we are. It could be a trader’s dream.
Again I want you guys to use extra caution on this play. Plays like this can be unpredictable so be careful out there.
Since GOHG just released good news on Monday, the 2nd piece of the puzzle is in place. GOHG had news, GOHG is being covered by a major newsletter (yours truly) and hopefully we’ll be the first ones to kick off a snowball effect like we did with LYJN a month or so ago (a nice gain of about 500% on LYJN).
Side note: I cashed in my short on Goldman Sachs yesterday for almost a 20% gain in a few weeks. That’s a fantastic gain for a big thick NYSE company. Obviously that’s nothing compared to a gain off a skyrocketing penny play, but that’s why we trade these little guys instead of the big boys. Still…nice to see that I still got it with the big boys too
I feel like I could have held it longer and possibly rode the short further, but I felt that was greed kicking in and if I didn’t cash in my gain while I was up…I would truly be a hypocrite who doesn’t follow the same tips I give you guys. It’s always smarter to cash in those gains while we’re up. Sure we may miss a few percent by not holding on longer, but there is nothing as good as a cashed in trade with GUARANTEED MONEY IN THE BANK!
Okay guys, set your sights on GOHG today and let’s go raise some hell out there!
PSA – Penny Psycho
Don’t make investment decisions based on what I say, consult with a licensed financial professional and do your own research before investing, only invest what you can afford to lose, etc, etc.
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