The Penny Stock raining down profits for over two months now, North Springs Resources Corp. (OTC: NSRS) busted out yesterday breaking through some crucial levels on its way upwards towards $2.
Buy or Sell NSRS, What to Do?
Well NSRS Has entered into a new level now and has the attention of a much larger investor base which changes the situation completely.
NSRS has just had its biggest day ever. Since the $0.70 level, shorts have been getting squeezed like pimples on a pizza faced teenager. NSRS is now in a full blown out short-squeeze that is giving shorts a dose of their own medicine.
Who is benefiting from all this? Harry Lappa, our members and those investors who were smart enough to buy NSRS at the early levels. Emails have been pouring in about how delighted they are.
Even those of you who followed the crowd and did bought yesterday are up 30% on the day.
At this rate of continuation we might even break $2 tomorrow and head into multi-dollar levels later this week or early next week!
Float: 196 Million
“Be fearful when others are greedy, and be greedy when others are fearful.” – Warren Buffett
If you really want to make some considerable profits from the stock market, it is possible to make a considerable amount of money on penny stock trading. When you find the right penny stock to buy, knowing when to buy and sell is the second most important tool to maximizing your profits.
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Being technical, analytical or just flat-out greedy when trading penny stocks is the easiest way to limit profits and, sometimes, even lose your entire investment. You need to have a strong and strict strategy to achieve your goal of maximizing profits while minimizing risks in penny stocks.
Listed below are a few of the many points each and every penny stock investor needs to discover.
- Do your own research.
- Trade Responsibly.
- Verify everything.
- Move Fast or Get Left Behind.
- Do not use market orders to enter a position, use limit orders.
- Have a System That fits You.
- If a Stock Gaps Open, Look for Pullbacks to Enter.
- Plan a Trade and Trade a Plan.
- Always use stop loss orders to protect yourself.
- Positive Self- Belief.
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- If a stock breaks below our alert price GET OUT. Do not wait.
- View Trading as a Score in Points and Not In Money:
- Always take your profits whenever you can. Do Not Be Greedy.
- Work Hard at Learning How to Trade Properly and Keep Working.
- Do something to make someone else’s life better today.
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