For those of you who are looking for those penny plays coming from the bottom... this link takes you to a website
Moneyinmetals Jay Taylor where the speculation is good for high risk, and this is where some of those elusive baggers come from.... I chart them, and look for the crowd moving in.... LAQ.V is showing some early stages of MOMO.
The wait for gain can be 3 to 6 months or longer depending on shares out... financings.... Pipeline and the rate insiders sell options or exercise warrants etc.
LAQ is one of the lowest priced issues with some speculative considerations that is at this time showing volume and buying that can be put to an uptrend visibly watched on Level II.
A back fill to .065 cents is unlikely, and if such were to occur it would likely be a very productive purchase, suffice to say 25000 to 100000 share purchases may occur.
One should not chase, but bid.... In this type of play you would like the ability to sell to the purchase price as close as possible if needed as a 50,000 share purchase is worth $500 dollars per penny lost.
I am placing this good looking silver and gold LAQ.V poker pop into the
StockCharts Public Chart List and hope it performs somwhere into the first four months of 2011 as well as ABN.V has performed in the last four months to Nov. 2010, which is illustrated in the Public watch List as well on page 1. (a lithium poker pop) over 100% gain from the same level... when first posted. One thing to maybe consider is that ABN.V didn't have a Jay or Ticker Trax push... that highlited the speculation clearly, what that will produce, will be hindsight...
GLTA Lostoutwest
Kenuck SmallCap Trader
Stockhouse
Ticker Trax
Bullion Bulls Canada
Lex corp
Track My Trade - this is a link to an off site I follow, and have no affiliation with.
National Post
Grandich
StockCharts Public Chart List
CBCnews
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