Categorized | Stock Newsletters

The NEW ST ALERT is – SNEYD

Posted on 06 September 2010 by admin

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Hello All,

We hope you've had a relaxing Labor Day weekend. 

Last week the penny markets starting to exit the summer doldrums & come back to life!

INOL rallied over +3,300% in just one day.

CMGR opened as a sub penny and hit an intra-day high of $0.23 representing a gain of over +8,100%!!

DMGM ran from $.003 all the way to $0.335 representing a gain of over +11,000%!

Those that got involved early made thousands!!

The 2 key catalysts that set the stock prices of INOL, CMGR, & DMGM ablaze were:

1. Low Price

2. Morning News

CMGR once has BILLIONS of share outstanding & after doing a reverse split limited the amount of available shares.  This trapped many shorts when CMGR announced news that sent the stock flying.  Shorts looked to cover their positions, but quickly realized there just wasn't enough shares available to buy back!

We've researched all weekend long to find the next stock with a similar situation that we believe has a chance to make extraordinary gains & we think we found it!

Our pick tonight is SNEYD























Take a look at the chart above. 

SNEYD has been in a clear uptrend for over a month on rising volume.  The stock still hasn't had a single day of a parabolic explosion as shorts are most likely holding the price in a steady channel hoping for a chart break down.  However, no such chart break down has yet to occur.

SNEYD has held strong & has been trending up for the past 6 weeks!

SNEYD is currently sitting on it's 5 DSMA support & is going to reverse as you can tell by the RSI already beginning to.

SNEYD volume is rising & the only resistance left is the previous high set just a week ago at 0.03.

Once the stock approaches 0.03, we believe shorts will panic & begin to cover their positions.  What will happen after that is anyone's guess.

Just last week we've seen one day short covering spikes in share prices of INOL that gained +3,300%, CMGR that gained +8,100%, & DMGM that gained +11,000%!  

If a short covering rally occurs in SNEYD what the potential gains could be is anyone's guess.

Keep SNEYD on your screens tomorrow morning as we believe it could turn into Tuesday big stock winner.

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