Well well well, looks like I have egg all over my face today. How
embarrassing. EVRN closed the day down and down pretty big...almost
32%.
BTW...TGMP closed up another 2.5% today! Nice slow steady profits from my last higher priced alert...
Hopefully you guys read my email carefully about these morning
sub-penny alerts being very dangerous and played it with extra
caution...or only used EVRN for day trading. If so, you probably took a
small loss or made a nice sized gain. If you weren't careful, you
could have lost some decent money on this one.
EVRN actually did just as expected today, only in a negative way. Today was a VERY active day, the volume was insanely large...much bigger
than back in April. Today was the largest volume trading day EVRN has
had in a year or more. There was enough buying today to get us, in my
opinion, a 100-200% gain...but that didn't happen.
Day trading on EVRN actually was profitable as predicted, and could
have made you some pretty big profits...possibly around 70%, which I'll
discuss in a minute.
Greedy sellers took advantage of the massive volume to unload their
positions today. It's very rare that I send out a pick and it goes
down big the next day. It happens to all newsletters, including mine,
but it's very rare. The past week or two I've seen some other guys send
out plays that went straight to hell, while I smugly giggled. I didn't
think it could happen to me...but it did :-(
I watched the level 2 screen on EVRN today, there was just a huge
wall of shares for sale the entire day, totally blocking any movement in
a positive direction.
Just like sub pennies can increase their value 10x in a day, they
can also lose 1/3 of their value...or even more, in a single day.
If you ever see an alert basically just go straight down after
the first 15-30 minutes, you should probably run in the opposite
direction. Look for day trading opportunities to buy when shares
are very cheap, but don't count on the price bouncing back to the
opening price.
Once an alert is down 10% right after I send it out, you may have
amazing day trading opportunities so don't abandon ship...BUT know that
the pick is basically a dud and disregard doing anything with it other
than flipping shares quickly.
EVRN actually made nice gains to start the day, making 8.5% gains
within minutes for those who bought at the opening price. Then the big
plunge occurred and EVRN fell all the way to .028 cents. This was the
best day trading opportunity of the day. Shares were so cheap that
buyers quickly pushed the price back up to .039 cents, causing a gain of
over 39% within minutes!
You could have made another 13.3% buying around 12:45 and selling
at around 1:45. Another 10.3% day trading opportunity later in the day.
Overall, despite the dismal end of the day results, EVRN had fantastic day trading today.
Day traders could have made up to 71.1% today!!
Realistically you're not going to make the maximum amount possible
because it's impossible to know the exact lowest point to buy and
highest point to sell is, but you still could have easily pocketed at
least 50%.
Congrats!
Now I've got an alert that's just what the doctor ordered. It's
less volatile and crazy than a sub-penny. It's got some good momentum
behind it over the past few days, and it just broke through a resistance
level.
This one should be much easier to play than EVRN was, and should
offer us some really good profit potential. It's also not just a one
day play like EVRN was, it has some nice multi-day possibilities.
Stay tuned over the next couple hours, because my new alert will be coming shortly.
In the meantime, let's not touch EVRN with a ten foot pole. Congratulations to the day traders who made big money on EVRN today, and
my condolences to those who lost some.
Talk to you soon,
The Trader
Don't invest based on what I say, do your own research and consult
with a licensed professional before investing, only invest what you can
afford to lose.
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