The only thing that matters when trading is position and profits! If you can’t figure out how to manage both of those you won’t last as a trader, bottom line!
COOL is rocking Wall Street today getting picked up by major media due to the Zynga IPO. Those who bought today saw decent gains, maybe 5-10%, if and only if they got position in the first 5 minutes when it ran hard and fast (see a 1 minute chart to understand).
But for those who were in yesterday, well, they captured the real move on COOL, just like my subscribers and I did.
See I bought and alerted COOL at $2.65 around lunch time Wednesday, well before the herd, sensing the 5% move it was making off the big bottom was the starting point.
Today my subscribers and I saw it gap and run 20% to $3.18 which they flat out banked on. I myself made well over $3,000 dollars in verified profits in just one day.
Here is the important part and something I aim to do regularly.
I got my subscribers in well before the Seeking Alpha article (3:55pm EST Wednesday) and TheStreet.com’s coverage (10:30am EST Thursday) because I’ve been watching for entry every minute of every day, knowing COOL would eventually run on the Zynga hype.
That’s my job, it’s what my subscribers pay me for.
I repeatedly put my money where my mouth is standing behind my research and this one paid big. Why else would I buy 10,000 shares at $3.65 Wednesday at lunch time if I wasn’t confident in a big score?
These types of setups are exactly what I look for as a part of the pennystockwarfare program and you can bet I’ll strike again in the future.
If you didn’t make money on the Zynga COOL association, you might consider joining my newsletter today. After doing so you’ll be ready for the next pennystockwarfare victim – like COOL was for us Wednesday into Thursday.
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