6 Minutes of fame and then.... Flameout

Anyone get caught in the Gap and Trap that Stockgoodies/Sizzling Stock Picks ran yesterday? LYJN is the ticker and wow what a dog. Its a stop sign pk stock that is NOT current in its SEC filings and contrary to the goodies crews epiphany last week that they would not announce picks early to prevent gap ups, it was announced the weekend before and DID gap up. This is yet another play by a predator promoter trying to suck you in and make money off of you buying into their hype and stock manipulation.

At 9:27am there was a form T that came through pre-market.  If you are not familiar with pennies, they do not normally trade pre-market unless there is a form T.  To understand how a form T works;  it is a buy or sell trade after the market closes end of day (EOD) and the market makers push it through.  Clearly by the following image of the start of the day trading, someone tried to manipulate the stock price EOD on the 13th with $53 bucks.  Can we say OOPs?  Shame shame shame, you didn't push the buy button soon enough dumb ass to paint the chart.

Then also look at the selling going on at the bell.  It gapped up 114% at the open with 200k in sells.  Obviously someone did not wait to sell into the promotion.  Another OOPS!  Then the pain continued.  The buy sell ratio continued a pattern all day long... SELL being the operative word.  6 minutes into the play she had 4MIL in volume but was only up 40% at this time.  Dove 75%!  At 9:40 someone purchased 400k in shares at .01.  Someone obviously thought it was going to go back up and got caught in this gap and trap.  Sad...

The RSI dropped below the 50% mark and never regained her buying power.  At 9:43 this stock went flat and did nothing.
Even though it did 36MIL in volume yesterday, the buy sell ratio was selling.

Ok EOD, remember a few weeks ago I said the shorts will step in?  Look at the form T of 10MIL at a lower stock price.

The stock campaign officially died at 10:53.  Watch the 50 day moving average int he next couple days.  I can  almost guarantee it will drop below the 50 day M/A.

If you had done your due diligence you would have seen on OTC Markets that the company has a big warning sign on it and they have not filed quarterly reports since June of 2011.

Tomorrow we will look at the latest Goodie flameout and how they try to suck you back in when they fail to push a stock.  Peace Im Outta HERE!!



I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.