These offers are fading faaaaast
Given the extreme runup in DayStar Technologies Inc. (DSTI) the past few days, I’ve already sent an alert to subscribers of my 4 newsletters and we’ve already seen articles from Barrons and TheStreet.com, both of which focused on the company’s landlord problems.
And yet the stock continued to surge…why you ask?
Because neither Barrons’ Eric Savitz nor TheStreet.com’s Robert Holmes are successful traders or investors.
Their job is to report the news, while trying to throw in some wit every now and then, and I’m sure both cracked a smile when they DSTI’s laughable press release/SEC filing divergence. But as everyone might very well learn today, it takes a proven trader’s experience and know how to achieve lasting and consistent results….like these results…not to mention the ability to pass down a successful strategy to those willing to learn.
This is why news reporters, people without transparent and superior investment track records and clowns on TV are the past and not the future of finance…anybody can report the news, but it takes “an edge” to be able to profit off it.
PennyStocking Silver subscribers and TIMalert subscribers were emailed my rather detailed take on the news and the price action and what I expect from this stock today…it will be an interesting and potentially busy trading dsy!
Posted in Financial Media Circus