Shorting Penny Stocks

shorting penny stocks

Penny Stocks – What a great day for penny stock trading. 100% + gains EVERYWHERE!!

Penny STocks & The Penny STock trading Game

It can be an up and down battle at times, but today was anything but. October 29th was a day that left penny stock traders all over the world rolling in profits.

 

SAEIE, a stock that was trading at less then half a penny on 10/22 rose again, an incredible 79 % to close over 10 cents. A 20 bagger for anyone holding from last week, and it may not even be done running.

CPMCF was another great play for penny stock traders today. It gained over 15 cents, Doubleing in price and Closing up 103% on HUGE volume. Daytraders loved this trade because of the huge volume creating the liquidity needed for making real big money. I know of Some investors that put over 100,000 dollars Into this PennyStock. Cashing out around 80% for an 80,000 dollar profit, not bad for a days work. Another big winner was

WRIT, up over 140% closing at .017. Not quite the volume that CPMCF had but With multiple bounces down 50-75 % , some traders made out very well trading this 2 and 3 times.

DTSL was also one of the hot pennystocks today. It climbed over 100% in the first 30 minutes of market open fueled by news of a deal that has been signed with T-mobile. This was quickly knocked down to 50% by shorts that weren’t so eager to let a mina mar stock run. But this allowed for some savy traders to play an extra bounce. Because it did climb again closing the day at 100%

CCGC This was a MOMO trade started by one of the Penny Stock Newsletter Groups. It was definatly a nice trade for them. and for anyone who got in very early. But after climbing an Unbelievable 2000% In a short time after market open, it proceeded to fall all the way to 600% , Then bouncing back slightly to close the day at .017 just under 850 % up.

LOCN Saved the best for last. Even though there were quite a few more i am not listing. Today there were just to many Hot penny stocks to even list them all. LOCN was my favorite trade today. Smart investors noticed early in the morning that although there was no PR. LOCN had filed over 10 different financial reports in one day. This can only mean one thing. Uplisting. LOCN began a crazy run starting at .012 climbing to a high of .044 by 10:30am Dropping back to .02 by 11:00am, Then gradually Climbing all day long to close almost 400%. Some smart Penny stock investors made even more by selling at the high, and re buying at the dip.

All in all it was an amazing day for penny stock traders all around. Especially our chat room As we alerted all of these trades as they started running and more. The room was buzzing. leaving traders giddy as they watched the profits roll in. We can only hope november wil bring more of the same. Hope to see more people and more trading groups on the Penny STock Chat server to enjoy and share in the profits.

Everything is 100 % free. All the penny stock alerts come from experienced pennystock traders who love chatting and helping new people learn the game. We teach Charts, L2, Fundamentals, how to do DD etc.

But even if you are an experienced trader you can benefit from our chat network, We are IRC based so we can have as many chat rooms as we can make. All rooms are on a first come first serve. Come get your own today, totally free. and you have full control. We can also provide a custom web chat applet designed to your specifications and give you a custom Domain to go with it if you want to have a chat for your own web site or group. All 100 % free of course. Stop by today while the Penny Stocks are HOT!

 

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