Ive noticed a new trend the pump and dump promoters have started to try to gain your trust back after burning you so many times on their crappy plays. Its their new Mind The Gap theory. The very title of it gives away that they are trying to manipulate the stock and make it easier for you to get in so that ultimately
they and their insiders can get out. Ive watched several such plays this week and they have pretty much fizzled immediately after the announcement that they are in.
This ploy they are engaging in is designed to get you to jump in quick on your emotions, and remember we NEVER want to trade on emotion. By engaging in this practice they believe they can create buying pressure and in turn move the stock upward. What is happening though is people are keen to their ways and are bailing before it ever gets started.
The new excuse they use is the stock had good volume but was having technical issues. HELLOOOOO
even stocks that plummet have alot of volume.... DUH. They continue to think you are stupid and will follow them and their "Concern" for your profit making when in reality they are only concerned with their own paycheck and the ratios they have illegally promised the people who have hired them to promote the stock.
Dont fall prey to these idiots. Look at their last play and see how it did. Those of us in the trading world know that your only as good as your last promotion so GET OFF OF IT pumpers !!!
The opinions expressed are mine and mine alone. I am Not a licensed Stock Broker or Financial advisor.
Never invest money you cant afford to entirely lose.
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