You guys know I do a ton of blog posts and sometimes, important points get lost…like when I spent the whole post talking about how Michael Goode is now hosting the -subscribers -only chatroom, not too many people recognized the chart I embedded–Michael Goode’s profits from the strategy outlined in is now $122,000+ !!
Check out the chart:
Or when I mentioned in my January 11th watchlist a small company called SkyPeople Fruit Juice, Inc. (SPU) as a Chinese fruit juice play…don’t laugh, the stocks of boring Chinese businesses like Deer Consumer Products, Inc. (DEER) and Yongye International, Inc. (YONG) can really spike…the stock was uptrending gradually from 2.5 to 4 in November and December, but recently went vertical to 5.5 in the first few days this year, helped by a feature on TheStreet.com….potential short when the pattern shows it, but this could be a good buy after a fade/consolidation and subsequent breakout based on the Chinese-boring-business-successful-smallcap-stocks-theme.
Yesterday SPU did in fact breakout past that key $5.50 resistance:
And at least onewas paying attention:
Tim, I know your specialty is shorting, but you hit it out of the park calling SPU a buy—you just made me $12,530 after today’s earnings skyrocket, thank you so much!