As students of my baaaanked shorted that gimme), Revolutions Medical Corp (RMCP) (I’m not short now, but I did make $3,500 shorting it earlier), Kraig Biocraft Laboratories Inc (KBLB) (I shorted and made a few hundred bucks and Smart Holdings Inc (SMHS)–I am aiming for a morning panic the next day.know, when I short a stock in the afternoon–especially pumped up paid-for promotional mailer stocks like Sunvalley Solar Inc. (SSOL) (My and I truly
I go over and over this chart pattern in my, and DVD packages.
So when I see emails like this:
I just lost a bunch of money in a stupid SMHS trade… evidently, I have to sign up for your alerts…This one was a 1 week promotion contact which started yesterday… The promoter got paid $375K… so after yesterday’s gain I figured they would want to wait a couple more days before starting dumping shares into the market (otherwise why would they had bought a 1 week promotion contract?) – evidently I was wrong. The mofos started dumping shares this morning like no man’s business. What a pain.
I cringe because I know what the chart pattern looks like:
I coulda woulda shoulda shorted, but I too thought the stock would surge another day or two…but at least I have experience enough not to risk buying it (remember the MCGI…)