Tuesday, April 20, 2010

How do most of these cheap stocks end up over several sessions?

Are you a naive long and strong investor in Pink Sheet equities? Do you post comments in my blog about how stocks like NNLX are going to 7 dollars easily? Do you actually think this stock is a value investment play?

I did not ever short it, as it gave no cue signal for entry short when I was following it. I did not really consider it as serious long. When I stopped looking it did what most stocks of its kind do, please memorize this chart:


Remember JADA? I got frustrated and took it off my list, waiting for it to tank. It soon stopped going up and went sideways, and then it did this:


Did you think you had inside information on SPNG or TSHO? Have you seen their charts lately? Just asking!


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