Disclaimer: The purpose of this blog is not intended to induce or promote any insider trading or manipulation activity. This blog is created for the sole purpose of education, discussion and knowledge sharing. All charts and information can be obtained freely from the public internet. All analysis are based on my own personal view and years of experience. It should not be used as a decision to solicit buy/sell activity. Use all information at your own discretion and practice due diligence.
Suddenly the whole market shifted gear and suffered some scary throw down. Most penny stocks including some blue chips were not sparred. I was especially focus on GKE since we made $$. Looking at the time and sales, there was a fake breakout where there was a lot of last minute chasers buying the stock in the morning at 0.188-0.190 with millions of shares to only realized that the stock within a few minutes tanked all the way down to 0.183 as highlighted in the minute chart drawn. Scary, I am staying out.