2 Ways You Can Play This1# is a no brainer...BUY AND HOLD.. this won't stay in the teens for long. Once it starts to take its second leg up there will be no turning back. As of right now its trading at a massive discount to to any of its closest peers. might be tomorrow , might be next week but I promise you it will be higher than its trading at today come end of October. The recent downtrend with lack of Volume suggests that a quick return above 20 is immenent.
2# Day trade it! I'm not a day trader by any means but the spread on this is absolutley Incredible!
At times I have seen spreads of 20-70 cents! I have made purchases of shares from 1000 - 3000 shares and just turned around and resold them for 50 cents higher making 500 - 1500 profit in under 5 minutes.
I have been watching this stock on Level II everyday for 1 week and I can tell you first Hand their are some big fish accumulating shares and with only a tiny float this thing is set to explode with any positive news release.
Like I said I am not a day trader by any means and I'm accounting for close to 20-40 thousand shares traded a day. So with only a little over a million shares traded today you can bet it was a full day of cat and mouse with day traders. There were times I wanted to buy blocks of 5000 shares and it would send the stock up over a dollar so I couldn't.
My Point is this , if you want to make a little bit of money tomorrow trade it all day.
If you want to make a lot of Money just accumulate on the dips and be thankful you know about this stock before everyone else does. GL