HEADS-UP!!!! People could have made a lot of money in FAMH, in the .50 range, had they gotten out, when Little Engine so advised.
His advice is based largely on the character of the management of a company (what they say vs what they do), and yes, the stock prices of many of these companies fluctuate upwards, and people do make money, as they are hyped up and up.
Those who lose, are those who stay in. These are trading stocks. Any profit, is a good profit. Do not fall in love with any stock.
If you are a short term trader, with discipline, perhaps you will win big; however, character always is the basis for business. If you are long, be certain to have mental stops; although, this stock moves so quickly, I doubt stops will help you, as you can't place automatic stops, the stock is under $5.
Also, don't forget the whopping 50,000,000 float, 70,000,000+ issued! This is huge! You can expect a RS, at some point.
Good Luck....ALL!
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