POPT opened the day at $.0001 and 6.5 hours later closed at .0007. You have to love penny stocks. Where else can you experience such returns in a trading day? POPT had no news to speak of, no press releases, no promotion, and nothing but buying throughout the trading session.
We've seen this many times and each time its always had the same result--- more gains.
Its almost a certainty that POPT will open for trading Tuesday morning at $.001 or better. It will then pull back a little on profit taking and than stampede ahead to close at $.0015 or better. You heard it here first.
Showing posts with label triple zero. Show all posts
Showing posts with label triple zero. Show all posts
Monday, March 30, 2009
Monday, January 26, 2009
JNIP - ready to bust the move?
JNIP -Juniper Group, Inc has been mired in the triple zero range for more than half the year. The drop started not long after its 200-1 reverse split back in July and the price has stabilized down here for the last few months.
Reverse splits are awful for current shareholders, but they do provide a great opportunity down the road. Why? Because a reverse split is like is like a dog that pee's in the house. If it happens once, its likely going to happen again, and again, and again.... until you do something about it, or get rid of the dog.
Most people who purchase a reverse split offender either do it because they like getting pissed on or because they can't get rid of the dog. Here is where the smart money steps in. Wait for the reverse split offender to hit bottom, buy on the bounce volume. Sell before the dogs legs give out. Its an ugly but profitable strategy. Or you can just hold for the next reverse split. The choice is yours.
JNIP may never reverse split again. It may soar to the penny level or more. Anything is possible. But remember every dog has his day. And JNIP will certainly have its day. Just don't be the one left holding the bone.
Reverse splits are awful for current shareholders, but they do provide a great opportunity down the road. Why? Because a reverse split is like is like a dog that pee's in the house. If it happens once, its likely going to happen again, and again, and again.... until you do something about it, or get rid of the dog.
Most people who purchase a reverse split offender either do it because they like getting pissed on or because they can't get rid of the dog. Here is where the smart money steps in. Wait for the reverse split offender to hit bottom, buy on the bounce volume. Sell before the dogs legs give out. Its an ugly but profitable strategy. Or you can just hold for the next reverse split. The choice is yours.
JNIP may never reverse split again. It may soar to the penny level or more. Anything is possible. But remember every dog has his day. And JNIP will certainly have its day. Just don't be the one left holding the bone.
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