Ever wonder how stock promoters measure their success? It's measured by how much money was spent on the promotion. They divide out the amount of shares sold in a given day by the amount they were paid. It determines whether they can pat themselves on the back if they took your money away from you. I have been writing about this subject lately on pump and dumps & gap and traps. What's most pathetic is the promoter has approximately 15 minutes of fame to prove themselves at the opening of the market. Did the stock gap at the open? 90% of the time it did. Did you get trapped? I hope not, I hope you are learning from my blog to not go there. Did the stock sustain it's PPS (price per share)? Most do not. The volume may continue all day, but watch time and sales. Are they painting the ask price? If you watch closely you will see little buys and sells come through. This is when somebody is painting the price. Enticing buyers to buy. More times than not, they will even do it the day before.
Sound to forward? I won't sugarcoat anything. Remember I am sugar free and the lesson's I can teach investors in making a profit and not losing is the most valuable asset I can have. Am I perfect? No. Do I make mistakes? Yes. I just want to pass information on to you in hopes you can learn as well. I will be passing on also different tools on the internet that you can use for free. Be careful when you sign up for sites saying they are the next best thing since the telephone and trap you once you are on the site by making you sign up first. They only wanted your email address so they can send you their scam plays.
Until tomorrow, do your due diligence before the market opens and be prepared to make the best decisions you can make. Hope all had a safe and Happy New Year.
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