Today's pick performed in amazing fashion. The stock opened up at .10 and hit a high of 0.1410
, right before noon, this represent a gain of
+41%.
COLV was then pushed down in the afternoon with major pressure brought on by market makers and shorts... which is fine since most traders reported quickly making gains and where in and out this morning!
COLV traded record breaking volume of 28,620,434 which is 300 x the 10 day average volume traded... Then towards the second half of the day we witnessed a combination of sell side pressure brought on by market makers and shorts flushing out the weaker hands ultimately pushing the stock down.
On a positive note members had a chance to play it after it filled the gap and it ran from .11 to .13. representing 18% gains.
On another positive note we showed members a stock that had intra-day gains of 18% on an earth shattering Record Breaking volume of 28,620,434 which is 300 x the 10 day average volume traded...
So we Hope everyone have sold COLV at the right time, we've made 3900$ with our initial investment of 10 000$!
I do not know where it’s going to go from here. Anything could happen next, so use extreme caution.
Remember that we cannot tell you when to sell your share, this part of the job goes with your feeling and your knowledge.
But for those that want to learn more on penny stocks strategy, like when is the right time to sell your share, we will start adding more content on our website under the ''
INVESTMENT ARTICLE'' tab.
Although today's pick dished out the goods I plan to continue this streak going. I am still scanning the markets for more profitable alerts to send your way, so stay tuned!
A Sincerely,
Michael Cohen
Editor
PennyStocksLove
