WHooa This Run is ImpressiveMy scanners found this mid day yesterday so I missed the run boo. Peabody Energy Corp Com ticker BTUUQ from $2 to $12 in 4 days. This stock traded @ $1000 plus back in 2008. The float is only 18.27 million with 10.76 million short according to yahoo finance but 3.3 million on Sept 15 according to the OTCC exchange (more reliable). Whatever the shorts are scrambling hence the 600% increase in 4 days. I expect bit of juice left in this one with another spike monday but a failed one. Signs of cracking showed yesterday with a mini afternon panic. BUT pumpers brought it up another dollar at the end of power hour so hang on for a pop Monday if the pre-market trends up.
Amazing to watch the level 2 on this one (I've got the saved historical data of most stocks back to 2008) bidders come out of nowhere and take out the ask when you wouldn't expect it ie. there is a wall of sellers.
This one is a grinder so if you get a red to green 1 min candle with the green 0,02 over the red then buy. This will end badly going to zero .......eventually. Don't miss the run monday though.
BTW "don't miss the run" is the slogan of the FOMO (fear of missing out) investors who base their decisions on fear. They think "OMG what if this is the last run" or "what if I will miss this on after I know I missed the last one!!!!" Fear is not a good place to make sound decisions. There are a few here who ride the elevator up and down trying to implant FOMO into everybody. Sorry FOMOer's your ignorance give's me a good chuckle.
Point being NEVER WORRY ABOUT MISSING A RUN ON ANY EQUITY ANYWHERE EVER!
Runs hapen everyday and if you know what to look for and you can find them. While I have been accused of having my dic& in my hand for missing the BTE run the people who say that are the ones with the firm grip on the dic$ waiting for the runs while I go to them. Don't miss the run!
And BTW you need your BTE volume to be below 1.7 million (US) before a run and you got that friday. Wonder which way the run will be?