Posted under Smallcap Stock News by admin, 2 Comments
15 Dec
Homeland security penny stock about to breakout? In 3-month/ 6-month zoom the EMA "signal" line is about to crossover MACD, you guys think this looks like a potential uptrend breakout? Volume's increasing, stochastics are a little high.. But does it seem like maybe a little pullback and a breakout coming? I know the dangers of penny stocks, just hypothetically thinking. Ideas/ opinions?
Um, yes I am aware of what a pump and dump is... This is used in even large cap stocks when the technical indicators are at key positions. I don't expect this nano-cap stock to significantly improve in fundamentals based on these indications, like i said it's purely hypothetical thinking. I don't invest in stocks, sir; I trade stocks. With that said, I also do not trade penny stocks, nor do I plan to. And even in the case I did, I would not put more than 0-0 play around cash in one. Thanks for the inputs so far.
Hmm, that's funny.. Didn't think about how that would come off/ where their location is.. Not worried, I have nothing behind me that would cause a presumption of being an "insider".. I am clean
.. and who "invests" in penny stocks, to the first poster.. Appreciate the wisdom but I am not that dumb, lol.. I know what means to go by depending on the context.
Also, those indications keep prices in check, for the most part. If a price is in an up-trend or down-trend this is not applicable to the term "pump and dump" as pump and dump, by definition, is getting a stock's price up by means of false, misleading, fraudulent, artificial inflation, "releases" or "positive statements"... Not typical indicators to promote potential bullish trends. Wrapped up: Indicators that promote an up-trend ≠ illegal scheme to promote up-trend....
Chosen Answer:
You see if you can find more than a dozen "Penny stocks" (out of the thousands) that some 'expert' or another has NOT claimed is ready to "break out"real soon, then we'll talk...
HSCC looks like it has classic "pump & dump" potential, JMHO!
by: LordGodGoose
on: 26th June 10
Classic pump and dump. No reason to get involved.
If all you know about stocks is a few technical indicators, please learn more before investing in any stocks, and stay away from penny stocks completely.
You see if you can find more than a dozen “Penny stocks” (out of the thousands) that some ‘expert’ or another has NOT claimed is ready to “break out”real soon, then we’ll talk…
HSCC looks like it has classic “pump & dump” potential, JMHO!