Thursday, January 10, 2013

Insight on USGT



Here I would like to post and excellent insight made by the publishers at StockReich.com named "The Chimerical radiance of USA Graphite Inc." which is about USGT - its recent hype and paid advertising campaign. The post is practically prophetic as a couple of hours later USTG stock crashed down on huge volume revealing the probable pump and dump scheme behind the stock action.

A true paragon of how promotions can spin illusions and manipulate stocks on the OTC and Pink Sheets market.

Thursday, February 2, 2012

Reddy Ice Holdings, Inc (PINK:RDDY) Slides in A Trading Range



Reddy Ice Holdings, Inc (PINK:RDDY) has put a pause to its ascension and is now sliding in a trading range between $0.4 and $0.5.

On Friday the trading activity with RDDY stock was higher than usual. More than 328 thousand shares were exchanged which is two times higher than the daily average.

After starting at $0.3801 the stock closed the session at $0.44 which is 15.76% higher than the previous close.

According to the official short volume data published by FINRA roughly 90 thousand shares were exchanged in short transactions during the day.

The stock has been left to free float on the market without any fundamental influence from news or reports.

RDDY was supported by the MACD indicator during its climb in the first half of January. However, the MACD has taken a neutral stance at present which makes it even harder to guess the next move of the stock.