Thursday, January 12, 2012

MSMY - Soars Over 100%

Today I treated my chat room today to a great alert. MSMY had news out before the bell with the stock at $.0033. I had been watching this stock for a while, knew it was already oversold (MSMY was on my bottom scans) and let my chat member know that the stock could see a nice bounce on the news and oversold conditions.

The stock slowly started creeping higher and once it broke above $.0045, which took some time, the stock really started to rocket higher. It was a nice trade today and closed right near its highs.

A nice day for anyone who bought in when I alerted it pre-market.

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