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6 Sep

An Easy Play On EMBA

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Fantastic!!! Alerted today at $.61 in chat, text and email EMBA was just another solid score for my subscribers and I.

In and out for a quick 21% into the close it doesn’t get much better than that.

Last week I tried to short EMBA but never found an entry I liked, even after paying a hefty fee to my broker to reserve my shares. So heading into this week I had moved EMBA from my short list to my buy list, just because it hasn’t been fallling apart. Usually if a crap stock like this isn’t falling apart, it could mean a round of promotion is coming up down the road.

Right out of the gate I suspected eMamba International Corp. (EMBA) was going up based on the chart action so I grabbed a small position just to be safe, 9k shares at $.61 and alerted my subscribers. Sure enough, EMBA just kept on moving up the chart as volume spiked into the close.

Up about 15% I was forced to cash my shares in and happy to hear the guys in chat made easy money on this one too. Will it gap and run come Wednesday, possibly, but I’m not the type of trader to hold these plays overnight once I’m up 10% anyway so I’ll rest comfortable with about $600 plus in profits.

Add that to a successful GLUU short alert today and I’d say we’re off to a good start this week, wouldn’t you?

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