LMCO up 16% AMEL up 25% – Lithium Explodes Today!

Posted by pennystock on April 27, 2010 under Penny Stock Alerts Blog | Be the First to Comment

Wow!  What a fantastic day today!!! I mean seriously, I’ve got to say I’m feeling borderline psychic right now.  Just last night I was talking about how great lithium is and today my last two lithium picks totally skyrocketed. Today LMCO closed up about 16% after being as high as up 21% a little earlier in the day! LMCO basically took off right from the open, had some good dips and bounce backs giving everyone lots of good entry points, and closed the day with a great gain.

AMEL closed up about 25% on an unbelievable volume of 3.3 MILLION shares! How crazy is that?  Speak of the devil last night, and bam…today AMEL busts out with a huge move up as well as ridiculously large volume.  Did I tell you guys AMEL was a good long term pick or what?  I hate to say I told you so.  Wait no I don’t, I LOVE to say I told you so!

Funny story, there is this one reader of mine who would email me every single time AMEL went down by even 3%.  It was very weird.  I mean these are small cap companies, their price fluctuations are huge…but this guy would email me every single time complaining about the tiniest little losses.  He would start cursing at me and going off, but I’d still respond just because I respond to everyone who writes plus I found the guy to be pretty weird and funny.  So I can’t wait to email him today and see what he has to say now about AMEL!

Just a reminder guys, even though I like AMEL a lot long term, it’s always safest to cash in your gains while you’re up. The decision is yours of course, and you can make more money by holding longer…but a sure gain is a sure gain so you should always (in my amateur unlicensed opinion) consider cashing in some of your profits while you’re nicely in the green.

Now LMCO I think is just getting started.  I think the continuing gains and volume today could put LMCO on even more investor’s radar screens and also probably on the radars of more newsletters.  Again, it’s always safest to cash in those gains…but with that being said I think we have a lot more upside to go on LMCO, especially after a nice healthy day like today.

Plus it was a great day for me personally, because even though I don’t trade NYSE stocks that often, I thought I had a great opportunity to short Goldman Sachs a few trading days ago…which I actually sunk a lot of money into shorting at around $161-162.  Today GS continued to tank!

Great day for lithium, great day for you guys, great day for me!

Congratulations to us all, and long live lord lithium…

PSA – Penny Psycho
www.pennystockalerts.com
Don’t listen to me, do your own research and consult with a licensed professional before investing, only invest what you can afford to lose, etc.
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