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IBDvalueinvestin (98.57)

2011's biggest pump was Lithium and its starting again in 2012



February 06, 2012 – Comments (0) | RELATED TICKERS: LEXGD

Remember when I said LEXG.ob was being pumped with lithium? Not many listened because the stock soared from pennies to near $10/shr before the dump started heavily. Today LEXG.ob is back to penny land just as I warned would happen, hopefully some did listen to avoid the stock because you can never time the top in time to sell.

So whats this post about then? Another Lithium stock is being pumped in 2012 and in similar fashion, its currently up over 100% on the day and its a .ob stock just like LEXG.ob is. 

I am not going to name it because I don't want anyone getting greedy and buying it.

If it sounds too good to be true then it usually is.

Best strategy is to avoid it all together.

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