Penny Stock Warfare isn’t about one week holds or short term investing. Do I find myself in some short term positions from time to time, yes, but that’s not what I set out to do. As you can see with LOCM last week, we only had a brief window to take profits in the $3.86 as it squeezed out some shorts before shares drifted back toward the $3.50 line.
My style is to get in and get out quickly minimizing global economic impact and the share price. Therefore, after two weeks of trying the Sunday Swing I’m going to put that in the parking lot and save the idea for another newsletter that focuses on long term picks.