Weekly Update

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

Happy Saturday to all of my sexy readers. Sorry I got a little busy yesterday and wasn’t able to send my usual after market email. Speaking of getting busy and not sending emails, I’d also like to let everyone who has written me within the past week or week and a half that I’ve been extremely busy lately and I haven’t had a chance to respond to my emails lately. I have many thousands of readers but I pride myself on always answering each email personally. However this can take hours and hours at a time, especially if I get busy and let them build up for a few days or like this time, oh god, over a week. So just so you know I’ll be writing back to everyone pretty soon once I get a little time to sit down and get it done.

Moving on…

So here is what happened this week.

Let’s start with the most recent pick TAON. TAON did pretty good and once again dip buyers were rewarded quite lucratively. TAON was up 17% for most of the day until a surge of activity at the end of the day. It was pretty wild. There was a crazy sell off where TAON totally tanked and dipped down hard and then bounced right back. Dip buyers made up to 35% when TAON dropped all the way down to 9.5 cents and rallied back to almost 13 cents just a few minutes later! Wow! When I sent out my alert on TAON I told you guys TAON had some nice volatility and was a great one for day traders to play. I did quickly look at a few of my emails and some of you dip-buying day traders made some good money on this one. TAON closed the day breaking even. For non-active traders this one was basically a break-even. Congratulations to the active traders, this pick worked out very well for us.

GOHG was definitely the play of the week in my opinion. GOHG was up 88% the day after my alert. After the open it mostly just went up and up all day long. GOHG was a FANTASTIC winner for us! Like pretty much all small cap stocks, after making a HUGE run in the realm of 100%, it fell flat on its face the next day. In case you guys haven’t notice, this happens very consistently…which is why I always annoyingly repeat to cash in your profits while you’re up! I know most of you already know that and I did peek at a few emails and it looks like a lot of you cleaned up on GOHG. Congratulations, this one was really stupendous.

Lastly USOG. USOG did okay the day after my alert, making some small gains. It has really gotten hammered since then. I said USOG was a company that I was sending out as a long term pick, so I wasn’t really expecting any amazing immediate gains. Still, I’m a little disappointed that USOG has continued falling, since I thought it would turn around a little sooner. I still like USOG long term and think it’s undervalued, so hopefully we’ll see it headed back in the right direction soon.

Overall we had a major winner this week with GOHG, okay days on USOG and TAON after my alert, and a great day trading end of the day move on TAON. Congratulations to everyone who made money.

I’ll try and really bring it next week. I’ve got a company I’m keeping my eye on that I believe will make major moves and will be an amazing winner for us all that I will for sure be sending out early in the week (unless something weird happens during trading), as well as a few other companies I’m watching and may send out next week as well. Don’t forget I’ll be doing my promotion soon where I send out a text alert during market hours before I send it out as an email after the market closes!

GOHG was a hero this week but I’m expecting an even better week next time around.

See you guys 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 can afford to lose, etc, etc.

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