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Morons and their penny stocks...

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December 21, 2011 – Comments (2)

Anyone who believes this kind of story is going to hand over money to penny-stock charlatans every time.

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Jackpot Subscribers,  (You are receiving this email because you signed up to receive free hot alerts from JackpotPennyStocks.com If you feel that you have received this email in error or if you would like to be unsubscribed, please scroll to the bottom of this email and click "unsubscribe." Thank you.)  SPAH was on a tear this morning showing massive strength premarket and hitting 83 cents on massive positive money flow! The only thing that was going to stop it were shorts and a manual hand from a clearing firm! Did you wonder why all of a sudden at 10:00am the positive money flow dried up as if a faucet turned off? What you are about to hear is shocking… It may not be true, but I have a strong opinion about it… and I have the right to freedom of speech... Penson stopped all trades at this time so all of their buddies that were short could cover! Although the shorting was not as sever as we have seen… over the past 4 days the shorts did acquire a pretty hefty amount… and they stepped in heavy today in the morning. This was not working and they needed some help, which they got… Look I understand 99.9% of my list caught a win here and were long gone… but I still want to see investors that are not my members win too! So what now? SPAH still has a lot of strength and it would not surprise me to see a comeback the rest of the week and close near the high of what we saw today of 83 cents… If you think about it, although the drop today was HELPED… SPAH has been up 1700% over 4 days so a 30% pullback is really nothing! It cannot keep going up forever... it needed to consolidate at some point and it did that today. We have seen in the past after consolidation of a new issue, green closes for days on end! We may have that here in SPAH! Never forget that I am not a broker, analyst, or financial advisor in any capacity. These are my opinions and I could always be wrong.  Happy Trading, staff@jackpotpennystocks.com

 

2 Comments – Post Your Own

#1) On December 21, 2011 at 10:45 AM, Teacherman1 (28.03) wrote:

I get a lot of those too and direct them straight to my "junk" folder, but I have to admit I was a bit "startled" by the title of your blog.

I thought for a minute you were talking about me. :)

Day trading penny stocks is fools mission and certainly not for Fools.

JMO and worth exactly what I am charging for it.

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#2) On December 21, 2011 at 11:28 AM, somrh (79.25) wrote:

I think a few of my brain cells committed suicide after reading that.

Today I learned that Penson will stop trading to allow their shorts to cover (who they are going to buy from, I'm not sure.)

The thing I don't understand is this: what is "positive money flow"? I want to buy some stocks with positive money flow but I have no idea what that means. 

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