Penny Stock Breakouts

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This group is dedicated to the penny stock traders who like to focus on breakout plays. The vanilla method to playing support and resistance is to buy at support and sell into resistance, but the... » More

$GWBU
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post #1 of 2
5/15/12 at 5:13pm
Thread Starter 

This is the new APS play.

 

Got in at 1.28pps this morning.

 

Any thoughts about this play, the company, etc???

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post #2 of 2
5/17/12 at 10:26am

You're up nicely on the trade but I'd personally look to take profits. Charts like that one tend to be pump and dumps and I foresee the dumping phase coming up soon. Just a guess based on my gut/intuition, so take it fwiw.

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