UPDATE: Watch this live trade to see this exact pattern in action 2+ years after this blog post was writtenā¦read this blog post to see several trades on this EXACT pattern 3 years after this blog post was writtenā¦now 5+ years after this blog post was written, BPSR is the latest blatant penny stock pump that dropped 30% today, look at this intraday chart, itās the SAME, I feel like Iām taking crazy pills!
At least one of my students gets it, but I want more:
Excellent trade 1000k shorted $BPSR pump at 1.07$ thanx @timothysykes pattern straight from4 Live Trades on Video https://t.co/LexhkyNNIO
ā @bonkar (@Fabio_Busta) February 29, 2016
In the stock market, trading challenge students have learned there are very few things that are very predictable.
Hot stocks, sectors, indicators, traders, tools and patternsātheyāre always changing.
So itās pretty amazing to have found one of the most, if not THE most, predictable thing all the stock market. One that has made me nearly $3 million and now subscribers of my 4 newsletters over $4 million dollars in the past few years and something that somehow doesnāt change over the years.
People call me crazy, cocky, dangerous, a salesman, a promoter, blah blah blah, but they fail to learn from my experience which no one can deny I am more than willing to share openly and for a small price because I know its worthā¦but many are resistant and they spread lies (the stock will dump whether or not I alert or if I or you find shares to short (thanks to these great penny stock brokers for having some amazing borrows lately!) and for some I just canāt win them over no matter how well I do trading (up 56% this year, or $250,000+ in trading profits, see all my trades, I aināt just a salesman, I practice what I preach), how much I promote my 4 newsletters and my instructional DVD packages and stuff like this:
PennyStocking Part Deux Reviews
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ā¦not to mention when we post gains of $70,000+ in one day, that more people donāt wise up to how penny stock pumps drop.
Forget about āknowingā how they can drop 30-50% in one dayā¦especially when the stock runs up 100%, 200%, sometimes even 300% before that drop occurs, Iām talking about actually anticipating and trading at the key inflection point, on Horiyoshi Worldwide Inc. (HHWW) it was $2.70 (I was short at $2.71) and I also NAILED the 40%+ intraday collapse in Gryphon Resources, Inc. (GRYO), look at some blatant pump drops and see if you can better understand the pattern off which Iāve made millions and now teach others:
(yes, thereās even more money to be made on the long side as these guys learned with $400,000+ in profitsā¦as long as you know how the game works and that the music will all stop eventually)
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