MP -- this "could" be interesting with further inspection
4 strikes and you're banned dipstick.
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nine -- slow down a moment !
many many years of trading penny stocks behind me and i know a bit about them --- first and foremost it is one of the most MANIPULATED markets around, simply because it takes so little to move the price to ones advantage !
Now i am NOT agreeing with manipulation, but have sat thru it, profited from it and also taught how to use it to many a new traders benefit.
sometimes i knew in advance that a stock was about to be "manipulated" and sometimes i didnt, but the one overpowering research i provided was scanning hundreds of stocks that were "perhaps" ready to move ---
this is found in subtle and small buying that occurs days before the movement of the stock actually begins, and is very hard to pick up when scanning a hundred stocks a day, but it is VERY POSSIBLE THAT A ROBOT CAN DO THIS, as its perfect for a computer.
there are rules to follow, once a penny stock moves, and you are gonna lose a lot if you fail to follow them, but during the move, there is much profit to be made --- as with forex, one should get out before noon (EDT), which is the time of retrace and the mm's regaining their shares -- if its day one of the move you can hold for a higher EOD close, BUT DAY 2 will see a reversal at noontime.
I would love to see this put on some "guarded" thread with a distinct warning, because honestly i would love to see if this thing can do what was so hard for me to do manually --- if it can, and using the basic laws of buying and selling penny stocks, it could really be something !
just my opinion
mp