Here I show the charts of pumps from February and January. See if you notice a pattern. I bought most of these and shorted a few of these. When pump & dumps inevitably dump they drop fast, which is why I always say that buying pumps is very risky. So please, unless you are a trained professional, do not try to buy pumps … the short selling (when shares are available) is far easier.
BGEM – Was a re-pump in February that I bought. The December pump was even better (that is usually the case with re-pumps).
ECOB – I made $7,000 shorting this in January. I should have held my position longer.
ISPI – Weak pump. If you buy it you have to sell quick!
MDCE – Nice pump that Timothy Sykes nailed from the short side on the day it collapsed. I made a bunch on the long side.
NXTH – I shorted around $3.10 and covered around $2.60. Oops. I still made a couple thousand dollars.
PEPR – The pump was nice in percentage terms but it never got very high. I still made some money.
RCYT – Weak pump. I still made some money buying it.
WKLI – The latest pump, not bad and I made some money buying it. The dump has only just begun.
Disclosure: No positions in any stock mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.
LOL that about sums it up