Write off Kibo Energy off your time wasters
These are the type of stocks that I don't even give one breath of a time to see.
Yes I'm doing that now, but the thing is there are MANY traders who think these are the stocks they can buy at 1 cent and hold to 4c - 400% return and this can lead to one of three ways.
1. You hold forever
2. You strike lucky and it actually does go there
3. It goes to 0 and gets liquidated and you lose your money
But as traders, these are time wasters.
There is no liquidity, no volume, there is no action.
I can't analyse this type of stock and this is purely for the savvy Penny Stock INvestors who have read the fundamentals, share ratios and have seen the proespects for a POTENTIAL future for the stock.
Other than that for traders - I leave it alone.
Yes I'm doing that now, but the thing is there are MANY traders who think these are the stocks they can buy at 1 cent and hold to 4c - 400% return and this can lead to one of three ways.
1. You hold forever
2. You strike lucky and it actually does go there
3. It goes to 0 and gets liquidated and you lose your money
But as traders, these are time wasters.
There is no liquidity, no volume, there is no action.
I can't analyse this type of stock and this is purely for the savvy Penny Stock INvestors who have read the fundamentals, share ratios and have seen the proespects for a POTENTIAL future for the stock.
Other than that for traders - I leave it alone.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.