PSG

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cliffs are a type, cliffs with long lower wicks are a type, cliffs with long lower wicks and little green dewdrops are a type, cliffs with long lower wicks and little green dew drops that then make a high spiky bottom are a type, cliffs with long lower wicks and little green dew drops that then make a high spiky bottom and then make another high bottom - after going sideways for a bit - are a type - cliffs with long lower wicks and little green dew drops that then make a high spiky bottom and then make another high bottom - after going sideways for a bit - and then make a point are a type ... the PSG type


i expect PSG to go back to its earlier highs, which you can see on the monthly chart, so $20, and the idea would have been to buy it at $2 - after it went did its cliff with a long lower wick, it's dew drop, it's three bottoms, and its point (but before it started going up). i've seen many examples of stocks doing just that - going to earlier highs after going to lows a fraction of those highs - but, since i don't know how reliably they do that, at all, and i do know, having seen it happen, that stocks that are at a fraction of earlier highs can become worthless, i am thinking in terms of a system consisting of making many small investments of this sort. if just 50% of them go to their earlier highs, it's quite a good system. ten $100 investments, say, risks $1000.


you might also have noted that PSG has almost doubled in a few days. if you could sell it very soon for a double, maybe you should. a double in a few days is a pretty exciting idea, and now, going forward, who knows what will happen. but the thing is, if your next such trade ends up becoming worthless, instead of doubling, your profit from this one is gone. one possibility would be to do two trades, one for a quick double and one for longer term large scale appreciation.


it took me about two seconds to find an example of the full buying patter: PVCT.