Super superb profits in one Contra night trading a risky penny stock Ocugen. My client bought it at $7.3 and sold it off at $9.05 for a good $20,000 USD profits. Now, the stock has all signs for a turn up as of last Friday, it touched a high of $13.64 before slamming down hard with the company selling more shares to raise funds which caused the current float to be diluted. There was also a trading gap there around 3am last Friday where I believe there was a halt first as the company announced selling $100 million worth of shares to new investors.
My point is trading penny stock contains super high risk and the worst thing is sometimes after taking a trade, the stock may trend sideway for a very long time before starting to move up again. Nobody knows when but if you study the Top 30 Volume everyday, there are tell tale signals of it moving up before it actually happened. Happy for my client who managed to buy on Thursday and then selling off last Friday night. I knew the skills taught in my course is working like a charm because we had been making consistent profits in the US market while the profits is extremely rewarding. To the next trade now.
